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.
We’ve now had back-to-back weeks of healthy housing inventory growth, making spring 2024 much healthier than spring 2023.