Mixed economic data caused some volatility this morning. Weekly Jobless Claims jumped to 368,000, above the consensus of 350,000.
This follows two weeks of readings below 350,000. Mortgage-backed securities climbed after the news.
Mixed economic data caused some volatility this morning. Weekly Jobless Claims jumped to 368,000, above the consensus of 350,000.
This follows two weeks of readings below 350,000. Mortgage-backed securities climbed after the news.
Pending sales rose to 75,856 vs 72,039 in 2025 as inventory turned negative year over year with mortgage rates near 6.58%.