Back to top

Market Commentary

Home
Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-12.5 (+04) 2.069%  
 
  FN 3.5% Coupon   104-14.5 (+01.5)  
 
  Support   2.250%  
 
  Resistance   2.010%  
 
 
 
 
Today's Blurb Monday, October 26, 2015
 
 
      This week we get data on Home Sales, Durable Goods Orders, GDP, Personal Income and Outlays. The FOMC meeting begins tomorrow and, while there may be virtually no expectation for a rate hike, special attention will be paid to the minutes released for any wording changes or clues to discerning the probability of a December hike. The pace of New Home Sales slumped 11.50% in September for the lowest reading in ten months. August New Home Sales was revised down from 5.70% to 5.20%. Treasuries have firmed following the disappointing home sales release and the curve has flattened with 2s10s down 1.0 bps.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  10/26 New Home Sales 07:00 Sep 550K 468K 552K 529K  
                   
  10/26 New Home Sales MoM 07:00 Sep -0.40% -11.50% 5.70% 5.20%  
                   
  10/26 Dallas Fed Manf. Activity 07:30 Oct -6.50 -12.70 -9.50 -  
                   
  10/27 Durable Goods Orders 05:30 Sep -1.30% - -2.00% -2.30%  
                   
  10/27 S&P/Case-Shiller US HPI MoM 06:00 Aug - - 0.37% -  
                   
  10/27 S&P/Case-Shiller US HPI YoY 06:00 Aug 4.90% - 4.69% -‚Äč  
                   
  10/27 Markit US Composite PMI 06:45 Oct P - - 55.00 -  
                   
  10/27 Markit US Services PMI 06:45 Oct P 55.20 - 55.10 -  
                   
  10/27 Consumer Confidence Index 07:00 Oct 103.00 - 103.00 -  
                   
  10/27 Richmond Fed Manufact. Index 07:00 Oct -3.00 - -5.00 -  
                   
  10/28 No Data - - - - - -  
                   
  10/29 GDP Annualized QoQ 05:30 3Q A 1.50% - 3.90% -  
                   
  10/29 Personal Consumption 05:30 3Q A 3.30% - 3.60% -  
                   
  10/29 Initial Jobless Claims 05:30 Oct 24 265K - 259K -  
                   
  10/29 GDP Price Index 05:30 3Q A 1.50% - 2.10% -  
                   
  10/29 Continuing Claims 05:30 Oct 17 2160K - 2170K -  
                   
  10/29 Pending Home Sales MoM 07:00 Sep 1.00% - -1.40% -  
                   
  10/29 Pending Home Sales NSA YoY 07:00 Sep 7.30% - 6.70% -  
                   
  10/30 Personal Income 05:30 Sep 0.20% - 0.30% -  
                   
  10/30 Personal Spending 05:30 Sep 0.20% - 0.40% -  
                   
  10/30 ISM Milwaukee 06:00 Oct 44.00 - 39.44 -  
                   
  10/30 U. of Mich. Sentiment 07:00 Oct F 92.50 - 92.10 -  
                   
 
 
 
 
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