Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   98-04.5 (-08) 2.210%  
 
  FN 3.5% Coupon   103-27 (-03.5)  
 
  Support   2.270%  
 
  Resistance   2.040%  
 
 
 
 
Today's Blurb Thursday, September 10, 2015
 
 
      Import Prices fell 1.80% in August, pulled down from a strong dollar and falling energy prices. The 1.80% move in the headline is largely attributed to a 14.20% decline in petroleum prices. Year-over-year Import Prices have declined 11.40%. Initial Jobless Claims fell to 275K from 281K prior with the four-week moving average up by 1K to 276K. Continuing Claims changed even less, rising only 1K to 2260K vs. 2259K prior. Wholesale Inventories fell 0.10% in July (consensus +0.30%) and June was revised down from 0.90% to 0.70%. Wholesale Sales fell 0.30% in July following a revised 0.40% rise in June. Treasuries are hovering near yesterday’s 2:00 PM (PT) close and the curve has steepened with 2s10s up 2.8 bps.
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  09/07 Market Closed - - - - - -  
                   
  09/08 No Data - - - - - -  
                   
  09/09 MBA Mortgage Applications 04:00 Sep 4 - -6.20% 11.30% -  
                   
  09/09 JOLTS Job Opening 07:00 Jul 5300 5753 5249 5323  
                   
  09/10 Import Price Index MoM 05:30 Aug -1.60% -1.80% -0.90% -  
                   
  09/10 Import Price Index YoY 05:30 Aug -11.10% -11.40% -10.40% -10.50%  
                   
  09/10 Initial Jobless Claims 05:30 Sep 5 275K 275K 282K 281K  
                   
  09/10 Continuing Claims 05:30 Aug 29 2253K 2260K 2257K 2259K  
                   
  09/10 Wholesale Inventories MoM 07:00 Jul 0.30% -0.10% 0.90% 0.70%  
                   
  09/11 PPI Final Demand MoM 05:30 Aug -0.10% - 0.20% -  
                   
  09/11 PPI Final Demand YoY 05:30 Aug -0.90% - -0.80% -  
                   
  09/11 U. of Mich. Sentiment 07:00 Sep P 91.10 - 91.90 -  
                   
 
 
 
NEED ASSISTANCE? PLEASE CALL:
(844) SECONDARY
(844) 732-6632
 
 
 
 
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  
 
©2015 Sun West Mortgage Company, Inc. All Rights Reserved