Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.
It's not as if bond yields stood any real chance of breaking outside the week's prevailing range based on today's starting point, but by losing a modest amount of ground, they ended up staying even closer to the 4.50% psychological level ahead of next week's big CPI revelation. Today's driver was the Consumer Sentiment data. While the headline was weak (which would be good for bonds, all other things being equal), the inflation expectation component got the market's attention, pushing yields higher and stocks lower after 10am. The selling was brief and the afternoon was on cruise control at modestly weaker levels.
Moderately weaker overnight and no help from sentiment data. MBS down 5 ticks (.16) and 10yr up 4.1bps at 4.497
11:25 AM
A bit of additional weakness as MBS get caught up with TSY losses. 10yr still up just over 4bps at 4.498, but MBS now down 7 ticks (.23).
03:44 PM
Losses cooled down by 1pm. Sideways and stable since then. MBS down 6 ticks (.19) and 10yr up 4.7bps at 4.503
Lock / Float Considerations
10yr yields haven't been keen to move too far away from 4.5% in either direction, and while that theme could continue at the start of the coming week, it's almost certain to change by Wednesday with the release of two high consequence economic reports (Retail Sales and, more importantly, CPI).
Yes to the loan that unlocks the joy of home ownership.
Yes to the lending solution that meets every client’s unique needs and wants.
That’s why we dedicate our every resource to serve as your personal guide through the lending process, solving problems, building confidence. Aslan has access to every lending option leading to the purchase or refinance of a residential home loan.
This is more than work for us. It is our unique joy in this life to share our collective skill, creativity, and care to bring you and your family right to where you belong.