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 230 thousand initial claims, up from 227 thousand last week.
• At 2:00 PM, FOMC Meeting Announcement. The Fed is expected to cut rates 25bp at this meeting.
• At 2:30 PM, Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.
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