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Market Commentary


 
Today's Coupons
 
  10-Year Notes   99-26 (-11) 2.271%  
 
  FN 3.5% Coupon   102-30.5 (-04.5)  
 
  Support   2.370%  
 
  Resistance   2.130%  
 
 
 
 
Today's Blurb Tuesday, December 29, 2015
 
 
         The October Case-Shiller 20 City Home Composite Price Index rose 0.84% following a 0.50% rise in September for the largest monthly gain since March. Year-over-year the Index is up 5.54% from 5.36% YoY in September. The highest YoY increases reported were in Portland, San Francisco, Denver and Dallas with the slowest growth reported in Chicago, Cleveland and Washington D.C. The Trade Gap narrowed last month, according to the Advanced Goods And Trade Balance report released this morning from -61.276B to -60.500B. Treasuries are lower this morning and the curve has steepened with 2s10s up 1.5 bps.
 
 
   
 
   
 
This Week's Events
 
 
  DATE EVENT TIME(PT) PERIOD SURVEY ACTUAL PRIOR REVISED  
  12/28 Dallas Fed Manf. Activity 07:30 Dec   -7.00  -20.10 -4.90 -  
                   
  12/29 S&P/CS 20 City MoM SA 06:00 Oct   0.60%  0.84%   0.61% 0.50%  
                   
  12/29 S&P/Case-Shiller US HPI MoM 06:00 Oct   -   0.88%   0.83% 0.77%  
                   
  12/29 S&P/Case-Shiller US HPI YoY 06:00 Oct   -  5.17%   4.86% 4.85%  
                   
  12/30 MBA Mortgage Applications 04:00 25 Dec   -  -   - -  
                   
  12/30 Pending Home Sales MoM 07:00 Nov   0.60%  -   0.20% -  
                   
  12/31 Initial Jobless Claims 05:30 26 Dec  270K - 267K -  
                   
  12/31 Continuing Claims 05:30 19 Dec  - - 2195K -  
                   
  12/31 ISM Milwaukee 06:00 Dec  48.50 - 45.34 -  
                   
 
 
 
 
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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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