Wednesday, May 22, 2024

Thursday: New Home Sales, Unemployment Claims

Mortgage Rates 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, down from 222 thousand last week.

• Also at 8:30 AM, Chicago Fed National Activity Index for April. This is a composite index of other data.

• At 10:00 AM, New Home Sales for April from the Census Bureau. The consensus is for 680 thousand SAAR, down from 693 thousand SAAR in March.

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

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