Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   97-27 (+02)  
 
  FN 3.5% Coupon   105-05.5 (00)  
 
  Support   1.812%  
 
  Resistance   1.724%  
 
 
 
 
Friday, October 21, 2016
 
 
    The UST 10-Year yield is at 1.730% this morning after closing at 1.755% on Thursday.

    Treasury yields are slightly lower this morning as investors shift assets from equities into bonds. There is no economic data today but Fed Governor Tarullo and San Francisco Fed President Williams are schedule to speak on the economy.

    Next Monday we have US Manufacturing PMI and Chicago Fed National Activity Index. On Tuesday there is Consumer Confidence, FHFA House Price Index and the Richmond Fed Manufacturing Index. Wednesday there is MBA Mortgage Applications, US Services PMI and New Home Sales.

    The curve has bull-flattened with the UST 10-Year 2.5 bps down from prior closing.

    Have A Wonderful Weekend!
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  10/17 Empire Manufacturing 05:30 Oct 1.00 -6.80 -2.00 -  
                   
  10/17 Industrial Production MoM 06:15 Sep 0.10% 0.10% -0.40% -0.50%  
                   
  10/17 Capacity Utilization 06:15 Sep 75.60% 75.40% 75.50% 75.30%  
                   
  10/18 CPI MoM 05:30 Sep 0.30% 0.30% 0.20% -  
                   
  10/18 CPI YoY 05:30 Sep 1.50% 1.50% 1.10% -  
                   
  10/18 Real Avg Weekly Earnings YoY 05:30 Sep - 0.80% 0.40% -  
                   
  10/19 MBA Mortgage Applications 04:00 14 Oct - 0.60% -6.00% -  
                   
  10/19 Housing Starts 05:30 Sep 1175K 1047K 1142K 1150K  
                   
  10/19 Housing Starts MoM 05:30 Sep 2.90% -9.00% -5.80% -5.60%  
                   
  10/19 Building Permits 05:30 Sep 1165K 1225K 1139K 1152K  
                   
  10/19 Building Permits MoM 05:30 Sep 1.10% 6.30% -0.40% 0.70%  
                   
  10/20 Initial Jobless Claims 05:30 15 Oct 250K 260K 246K 247K  
                   
  10/20 Continuing Claims 05:30 8 Oct 2053K 2057K 2046K 2050K  
                   
  10/20 Philadelphia Fed Business Outlook 05:30 Oct 5.00 9.70 12.80 -  
                   
  10/20 Bloomberg Consumer Comfort 06:45 16 Oct - 41.30 42.10 -  
                   
  10/20 Existing Home Sales 07:00 Sep 5.35 M 5.47 M 5.33 M 5.30 M  
                   
  10/20 Existing Home Sales MoM 07:00 Sep 0.40% 3.20% -0.90% -1.50%  
                   
  10/20 Leading Index 07:00 Sep 0.20% 0.20% -0.20% -  
                   
  10/21 No Data - - - - - -  
                   
 
 
 
 
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  
 
©2016 Sun West Mortgage Company, Inc. All Rights Reserved