Thursday: Trade Deficit, Unemployment Claims, ISM non-mfg

From Matthew Graham at Mortgage News Daily: Mortgage Rates Still Waiting for Bigger News Mortgage rates were almost flat again today. Most lenders were just a hair higher in costs vs yesterday. The most prevalent conventional 30yr fixed quote remains 4.0% for top tier scenarios, but 3.875% is still available. Mortgage rates are mostly moving sideways. Thursday: • At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for 273 thousand initial claims, up from 271 thousand the previous week. • Also at 8:30 AM, Trade Balance report for July from the Census ......(read more)

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