Thursday: May Personal Income and Outlays, Weekly Unemployment Claims

First, according to Mortgage News Daily, 30 year mortgage rates have fallen to 4.13% today, down from 4.18% yesterday, and down from 4.59% a year ago. 

Thursday:
• At 8:30 AM ET, the initial weekly unemployment claims report will be released. The consensus is for claims to increase to 313 thousand from 312 thousand last week.

• Also at 8:30 AM, Personal Income and Outlays for May. The consensus is for a 0.4% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.2%.

• At 11:00 AM, the Kansas City Fed manufacturing survey for May.

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