Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 253 thousand initial claims, down from 264 thousand last week.
• Aslo at 8:30 AM, the Philly Fed manufacturing survey for May. The consensus is for a reading of -21.1, up from -31.3.
• At 10:00 AM, Existing Home Sales for April from the National Association of Realtors (NAR). The consensus is for 4.30 million SAAR, down from 4.44 million.