Back to top

Market Commentary

Home
Market Commentary


Today's Market Commentary

Thursday, April 11, 2013

Import prices rose -0.5% MoM (0.5% expected) and -2.7% YoY (-2.0% expected) while jobless claims came in at 346k (360k expected). Continuing claims fell less than expected to 3079k (3067k expected).

After selling off yesterday, the US rates market is higher and the curve flatter today. Ten-year notes are up 5 tics to 1.79% as inflation data was tame and employment numbers were generally inline with consensus.There is a UST buyback at 11:00 AM of $2.75-3.5 Billion in the 5/20-2/23 sector and a 30-year auction.


           








For more information, please call:

1-855-SWMC-AOT

FHA Programs
VA Programs
USDA Rural Housing
HECM Reverse Mortgage
Conforming Products
FHA Multifamily, PowerSaver

GNMA Seller, Servicer, Master Servicer
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

Equal Housing Opportunity

This information is provided solely for informational use and is not intended as trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not a licensed or registered broker or dealer and cannot provide investment strategies or recommendations.

This information is provided to licensed brokers/lenders only and may not be copied or distributed to customers or potential customers. All loans are subject to approval. Certain restrictions may apply. Listed pricing is a morning indication only. Program rates, prices, guidelines, fees, costs, terms and conditions are subject to change without notice. Sun West Mortgage Company, Inc. (NMLS ID 3277) is licensed by the Department of Corporations as a California Finance Lender (License #603 0119) and is licensed by the Department of Real Estate (License #00793885). Refer to www.swmc.com to see where Sun West is a licensed lender. In all states, the principal licensed office of Sun West Mortgage Company, Inc. is 18303 Gridley Road in Cerritos, CA 90703; Phone: (800) 453-7884.

Market Commentary Bottom