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Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg


Note: Mortgage rates are from 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.

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