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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-11 (-06) 2.074%  
 
  FN 3.5% Coupon   104-07 (-01)  
 
  Support   2.280%  
 
  Resistance   2.040%  
 
 
 
 
Today's Blurb Wednesday, September 30, 2015
 
 
       MBA Mortgage Applications, for the week ended September 25th, fell 6.70% following a 13.90% gain the week prior (+26.10% YoY). Purchases fell 5.60% following a 9.10% gain the week prior, Refinancing fell 7.50% following a 17.70% advance prior, and the average interest rate for a 30-Year Conventional Conforming loan edged down 1 bps to 4.08% vs. 4.09% prior (4.33% a year ago). ADP showed that U.S. companies added 200K (consensus 190K) more workers to payrolls in September. The hotter than expected ADP print may point to strength in Friday’s Nonfarm Payrolls. Treasuries are near yesterday’s close with the 10-Year down 15 bps and the curve has steepened with 2s10s up 1.4 bps.
 
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  09/28 Personal Income 05:30 Aug 0.40% 0.30% 0.40% 0.50%  
                   
  09/28 Personal Spending 05:30 Aug 0.30% 0.40% 0.30% 0.40%  
                   
  09/28 PCE Deflator MoM 05:30 Aug 0.00% 0.00% 0.10% -  
                   
  09/28 PCE Deflator YoY 05:30 Aug 0.30% 0.30% 0.30% -  
                   
  09/28 PCE Core MoM 05:30 Aug 0.10% 0.10% 0.10% -  
                   
  09/28 PCE Core YoY 05:30 Aug 1.30% 1.30% 1.20% -  
                   
  09/28 Pending Home Sales MoM 07:00 Aug 0.40% -1.40% 0.50% -  
                   
  09/28 Dallas Fed Manf. Activity 07:30 Sep -10.00 -9.50 -15.80 -  
                   
  09/29 S&P/CS 20 City MoM SA 06:00 Jul 0.10% -0.20% -0.12% -0.19%  
                   
  09/29 S&P/Case-Shiller US HPI MoM 06:00 Jul - 0.37% 0.09% 0.07%  
                   
  09/29 S&P/Case-Shiller US HPI YoY 06:00 Jul - 4.69% 4.49% 4.51%  
                   
  09/29 Consumer Confidence Index 07:00 Sep 96.80 103.00 101.50 101.30  
                   
  09/30 MBA Mortgage Applications 04:00 Sep 25 - -6.70% 13.90% -  
                   
  09/30 ADP Employment Change 05:15 Sep 190K 200K 190K 186K  
                   
  09/30 ISM Milwaukee 06:00 Sep 48.50 39.44 47.67 -  
                   
  10/01 Initial Jobless Claims 05:30 Sep 25 271K - 267K -  
                   
  10/01 Continuing Claims 05:30 Sep 18 2230K - 2242K -  
                   
  10/01 Markit US Manufacturing PMI 06:45 Sep F 53.00 - 53.00 -  
                   
  10/01 Bloomberg Consumer Comfort 06:45 Sep 27 - - 41.90 -  
                   
  10/01 ISM Manufacturing 07:00 Sep 50.60 - 51.10 -  
                   
  10/02 Change in Nonfarm Payrolls 05:30 Sep 202K - 173K -  
                   
  10/02 Change in Private Payrolls 05:30 Sep 198K - 140K -  
                   
  10/02 Change in Manufacturing Payrolls 05:30 Sep 0K - -17K -  
                   
  10/02 Unemployment Rate 05:30 Sep 5.10% - 5.10% -  
                   
  10/02 Underemployment Rate 05:30 Sep - - 10.30% -  
                   
  10/02 Labor Force Participation Rate 05:30 Sep - - 62.60% -  
                   
  10/02 ISM New York 06:45 Sep - - 51.10 -  
                   
  10/02 Factory Orders 07:00 Aug -1.20% - 0.40% -  
                   
 
 
   
 
 
 
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  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  
 
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