Monday, October 6, 2014

Primary Pulse 10/6/2014

Good afternoon,
 
What a great way to start the week, mortgages continue to show strength and are up 4 ticks from this morning’s price and only 1 tick away from a ceiling set back on August 29th.  We’ll be going through a price improvement of up to an 1/8th better in price in the next 10 minutes.
 
 
Capital Markets
Primary Residential Mortgage, Inc.
1480 North 2200 West| Salt Lake City|  Utah| 84116
Toll Free 1.800.255.2792
 
o         Tick       1/32 or .03125
o         MBS       Mortgage Backed Security
o         TBA       To Be Announced (MBS with unknown future delivery)
o         Spec      Specified Pool
 
The contents in this memo are not an endorsement of any financial products or investments. PRMI assumes no liability, and will not make any recommendations with respect to the purchase or sale of any investment security or its derivatives.
Economic Calendar
Date/Time(Central)
Indicator
Period
Est.
Actual
Prior
Revised
10/7/2014 2:00 PM
Consumer Credit
AUG
$20.000B
$26.006B
10/8/2014 6:00 AM
MBA Mortgage Apps.
3-Oct
--
-0.2%
10/9/2014 7:30 AM
Initial Jobless Claims
4-Oct
294K
287K
10/9/2014 7:30 AM
Continuing Jobless Claims
27-Sep
2410K
2398K
10/9/2014 9:00 AM
Wholesale Inventories
AUG
0.3%
0.1%
10/9/2014 9:00 AM
Wholesale Trade
AUG
0.2%
0.7%
10/10/2014 7:30 AM
Import Price Index (MoM)
SEP
-0.7%
-0.9%

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