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.
Oil and Treasury yields were almost perfectly correlated for almost the entire week. Friday afternoon was an exception. Oil continued sideways to slightly lower while yields rose a bit. Overall damage was negligible, but it was interesting nonetheless. While there was no clear news or event behind the move, we can plainly see that it originated in the shortest end of the curve and/or Fed rate expectations. Friday afternoon illiquidity likely made the move bigger than it otherwise would have been. As for potential reasons, it could be as simple as dealers positioning for next week's inflation reports and Warsh testimony.
MBS down 2 ticks (.06) and 10yr unchanged at 4.553
02:19 PM
MBS down 6 ticks (.19) and 10yr up 1.4bps at 4.568
03:35 PM
Off the weakest levels. MBS down an eighth and 10yr up less than 1bp at 4.561
Lock / Float Considerations
7/10/26 - Limited rate sheet impact despite modest weakness in the bond market. Lenders who didn't reprice for the worse would have to account for that weakness on Monday morning assuming no change in bonds over the weekend. Thus, there's slight asymmetric risk in favor of locking with those lenders. The risk-tolerant crowd would continue to defend their stance with the 10yr continuing to trade under 4.59.
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.
