Weekly Unemployment Claims (every Thursday)
The first was last week’s unemployment figures at 8:30 AM ET that showed only 259,000 new claims for unemployment benefits were filed last week. This was a decline from the previous week’s revised 284,000 initial filings and well off from forecasts that were calling for 310,000 claims. The decline indicates the employment sector was stronger than thought last week. However, the numbers could be skewed by hurricanes Harvey and Irma, preventing much of an impact on today’s mortgage rates.