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.
Friday brought a quiet end to a quiet week. Yes, yields drifted slightly higher, but not in an overly threatening way, and 10yr yield yields managed to hold below the 4.19% technical level. Today's PCE data was right in line with forecasts and did nothing to inform bond market momentum. The incoming week is far more interesting at this point. Markets are hungry for a jobs report that may be severely delayed depending on the presence and duration of a government shutdown. We'll know much more by 12:01AM on Wednesday morning.
Little-changed after PCE data. MBS unchanged and 10yr up 0.6bps at 4.17
10:36 AM
Weaker at 9:20am but bouncing back now. MBS unchanged and 10yr up 0.6bps at 4.17
02:04 PM
Sideways near weaker levels. MBS down 1 tick (.03) and 10yr up 2.2bps at 4.186
Lock / Float Considerations
The outgoing week proved to be as uneventful as the incoming week is uncertain. Risk/reward will depend entirely on whether a shutdown happens--not because the shutdown moves rates, but because it prevents the release of the jobs report.
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.