Back to top

Market Commentary

Home
Market Commentary


Monday
October 20, 2014
10-YEAR NOTES   101-22.5 (+04)
2.179%
FN 3.5% COUPON   103-25.5 (+04)
SUPPORT   2.400%
RESISTANCE   2.190%
Scan with your
Smartphone.
 
   

There’s no data on the calendar for today, and later this week we will get data on Home sales, Inflation and Home prices. With Inflation growth still well below the Fed’s 2.0% goal we could see a spike in volatility if the numbers fall far from expectations. Last week treasuries soared on a mix of US and foreign data, Ebola concerns and continued geopolitical tensions. Today treasuries are opening slightly higher than Friday’s 2:00 PM (PDT) close and the curve has bull flattened with 2s10s down -0.5 bps.

This Week's Events:

DATE EVENTS TIME (PDT) PERIOD SURVEY ACTUAL PRIOR REVISED
10/20 NO DATA - - - - - -
10/21 Existing Home Sales 07:00 September 5.10 Million - 5.05 Million -
10/21 Existing Home Sales MoM 07:00 September 1.0% - -1.8% -
10/22 MBA Mortgage Applications 04:00 October17 - - 5.6% -
10/22 CPI MoM 05:30 September 0.0% - -0.2% -
10/22 CPI YoY 05:30 September 1.6% - 1.7% -
10/23 Initial Jobless Claims 05:30 October 18 283 K - 264K -
10/23 Continuing Claims 05:30 October 11 2380K - 2389K -
10/23 FHFA House Price Index MoM 06:00 August 0.3% - 0.1% -
10/23 Leading Index 07:00 September 0.7% - 0.2% -
10/23 Kansas City Fed 08:00 October 6 - 6 -
10/24 New Home Sales 07:00 September 470K - 504K -
10/24 New Home Sales MoM 07:00 September -6.8% - 18.0% -

 

 

 
Visit Us Online

Get Approved

Download Rate Sheet

Price & Lock

Submit Loan

Resolve Loan Conditions

Conventional Program Guidelines

Government Program Guidelines
 
 
For more information, please call:
1-844-SECONDARY

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

GNMA Issuer
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
 

This information is provided solely for informational use and is not intended as a trading or investment advice in any manner whatsoever. Sun West Mortgage Company, Inc. is not liscensed or registered broker or dealer and cannot provide investment strategies or recommendations. This information is provided to 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, price, guidelines, fees, costs, terms and conditions are subject to change without notice.