Updated on December 8, 2016 10:03:21 AM EST
Today had only one piece of economic data that was relevant to mortgage rates. At 8:30 AM ET we got last week’s unemployment figures. They showed that 258,000 new claims for unemployment benefits were filed last week. This was a bit higher than the 255,000 that was expected but still a decline from the previous week’s 268,000 initial filings. Declining claims is bad news for bonds and mortgage rates because it points to a strengthening employment sector. However, last week’s number was slightly higher than forecasts. That means we can consider the news neutral towards this morning’s mortgage pricing.