The market closes early today at 11:00 AM PST in recognition of New Year’s Eve, and will be closed tomorrow for New Year’s Day. More people filed for unemployment than expected last week with Initial Jobless Claims at 298K vs. 280K prior (consensus 290K). Continuing Claims fell to 2353K vs. 2403K prior (consensus 2368K). Pending Home Sales for October fell -1.1% and for November expectations are for a +0.5% rise.
GNMA Issuer Fannie Mae and Freddie Mac Direct Lender Licensed throughout the U.S. and Puerto Rico Privately Held Mortgage Bank for Over 32 Years Excellent Underwriting / Funding Turn Times
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