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 was a snoozer of a day for bonds with yields and MBS prices holding well inside last Friday's ranges for the entirety. An "inside day" isn't much of a surprise when the calendar is completely empty in terms of major economic data. In fact, it was devoid of all manner of economic data. That left only a few Fed speeches and as is the recent norm, Fed speakers are all saying the same things (thus, no surprises for bonds). At the 3pm close, both Treasuries and MBS were perfectly unchanged.
Modestly weaker overnight but bouncing back to unchanged. MBS unchanged and 10yr up 0.3bps at 4.256.
11:12 AM
Treasuries slightly weaker with 10yr up 1.1bps at 4.264. MBS up 1 tick (.03).
03:03 PM
MBS and Treasuries both perfectly unchanged. 10yr at 4.253
Lock / Float Considerations
This week's Treasury auction cycle and the implied technical resistance seen near 4.20% in 10yr yields make a case for a more risk-averse approach. Risk takers are liking the technical support seen at 4.29% last week and/or 4.27% over the past 2 sessions. All of the above is very "small picture." Big picture changes depend on additional, friendly inflation prints as well as a bit of cooling in other big ticket economic data.
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.