Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   100-16.5 (+04) 1.568%  
 
  FN 3.5% Coupon   105-10.5 (+02)  
 
  Support   1.603%  
 
  Resistance   1.420%  
 
 
 
 
Today's Blurb Tuesday, July 19, 2016
 
 
       The UST 10-Year yield fell to 1.560% this morning after ending the day at 1.580% yesterday. Housing starts increased by a greater margin than expected, rising 4.80% to 1.19 Million annualized pace in June. New-construction of single-family homes rose 4.40% to 778k vs. 745k in May. New-construction on multifamily homes rose 5.40% to an annual rate of 411k. Building permits climbed 1.50% to 1.15 Million annualized pace in June. The curve has bear flattened with UST 10-Year yield down 2 bps from prior.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  07/18 NAHB Housing Market Index 07:00 Jul 60.00 59.00 60.00 -  
                   
  07/19 Housing Starts 05:30 Jun 1165K 1189K 1164K 1135K  
                   
  07/19 Housing Starts MoM 05:30 Jun 0.20% 4.80% -0.30% -1.70%  
                   
  07/19 Building Permits 05:30 Jun 1150K 1153K 1138K 1136K  
                   
  07/19 Building Permits MoM 05:30 Jun 1.20% 1.50% 0.70% 0.50%  
                   
  07/20 MBA Mortgage Applications 04:00 15 Jul - - 7.20% -  
                   
  07/21 Chicago Fed Nat Activity Index 05:30 Jun -0.20 - -0.51 -  
                   
  07/21 Initial Jobless Claims 05:30 16 Jul 265K - 254K -  
                   
  07/21 Continuing Claims 05:30 9 Jul 2140K - 2149K -  
                   
  07/21 Philadelphia Fed Business Outlook 05:30 Jul 4.80 - 4.70 -  
                   
  07/21 FHFA House Price Index MoM 06:00 May 0.40% - 0.20% -  
                   
  07/21 Bloomberg Consumer Comfort 06:45 17 Jul - - 44.70 -  
                   
  07/21 Existing Home Sales 07:00 Jun 5.48 M - 5.53 M -  
                   
  07/21 Existing Home Sales MoM 07:00 Jun -0.90% - 1.80% -  
                   
  07/21 Leading Index 07:00 Jun 0.20% - -0.20% -  
                   
  07/22 Markit US Manufacturing PMI 06:45 Jul P 51.50 - 51.30 -  
                   
 
 
 
 
Helpful Links
  Visit Us Online   Submit Loan  
  Get Approved   Resolve Loan Conditions  
  Download Rate Sheet   Conventional Program Guidelines  
  Price & Lock   Government Program Guidelines  
 
 
   
 
  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. All Rights Reserved