Weekly Unemployment Claims (every Thursday)
Also being posted early tomorrow morning is last week’s unemployment figures. They are expected to show that 251,000 new claims for unemployment benefits were filed last week. That would be a decline from the previous week’s 261,000, indicating strength in the employment sector. The higher the number of claims, the better the news it is for mortgage rates. However, since this is only a weekly snapshot, it takes a significant surprise for the numbers to directly affect mortgage rates.