Wednesday, April 24, 2024

Thursday: Q1 GDP, Unemployment Claims, Pending Home Sales

Mortgage Rates Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, Gross Domestic Product, 1st quarter 2024 (Advance estimate). The consensus is that real GDP increased 2.1% annualized in Q1, down from 3.4% in Q4.

• Also at 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, down from 212 thousand last week.

• At 10:00 AM: Pending Home Sales Index for March. The consensus is for a 2.0% decrease in the index.

• At 11:00 AM: the Kansas City Fed manufacturing survey for April.

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