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.
CPI data was a mixed bag for bonds. Top-line numbers fueled a quick rally and digestion of the details brought us back to negative territory (albeit with help from stronger S&P PMI data). Bonds found their footing shortly after 10am at just slightly stronger levels and then stayed mostly sideways through the close. Pretty ho-hum CPI day given all the anticipation...
Initially stronger after CPI data, but now turning red after PMI data. MBS unchanged and 10yr up 1.2bps at 4.013
01:51 PM
Crawling back into positive territory. MBS up an eighth and 10yr down 1.2bps at 3.99
04:40 PM
Heading out at just slightly stronger levels with MBS up an eight and 10yr yields down half a bp at 3.997
Lock / Float Considerations
Rates nudged just a bit higher over the past 2 days, regardless of the apparently friendly inflation data on Friday morning. This builds an ongoing case for current levels representing something of a floor, or at least a temporary hitching post on the path to wherever we're headed next. Next week's auctions and Fed press conference could help inform that path, but not in the same way that big-ticket econ data could.
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.