Mortgage rates were little changed ahead of tomorrow’s key Employment Report. In today’s economic news, weekly Jobless Claims fell to 260,000, close to forecast. September Factory Orders rose 1.2%, in line with expectations. San Francisco Fed President John Williams said in a speech at a community banking conference that he expects economic growth and a tight labor market to push inflation higher, making further rate hikes appropriate. His remarks were viewed as more hawkish than expected, pressuring mortgage-backed securities. No other key data will be released today. The Employment Report for September will be released Friday at 8:30 AM.