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Wednesday, March 20, 2024

Thursday: Unemployment Claims, Existing Home Sales

by Calculated Risk on 3/20/2024 07:54:00 PM

Mortgage Rates 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 212 thousand initial claims, up from 209 thousand last week.

• Also at 8:30 AM, the Philly Fed manufacturing survey for March. The consensus is for a reading of -2.5, down from 5.2.

• At 10:00 AM: Existing Home Sales for February from the National Association of Realtors (NAR). The consensus is for 3.94 million SAAR, down from 4.00 million. Housing economist Tom Lawler expects the NAR to report sales of 4.40 million SAAR for February (well above consensus).