Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, up from 213 thousand last week.
• Also at 8:30 AM: Trade Balance report for October from the Census Bureau. The consensus is the trade deficit to be $78.8 billion. The U.S. trade deficit was at $84.4 billion in September.