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Thursday: Housing Starts, Unemployment Claims, Philly Fed Mfg

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 212 thousand initial claims, up from 205 thousand last week.

• At 8:30 AM: Housing Starts for December. The consensus is for 1.358 million SAAR, down from 1.427 million SAAR.

• At 8:30 AM: the Philly Fed manufacturing survey for January.

Fed’s Beige Book: “A sizable volume of new apartment development is due to be completed in 2023”

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