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.
Bonds are just a hair weaker than they were before the Fed Announcement, but not for any reasons that are obvious in the announcement itself.
The most notable development was 4 dissenting votes--the most since 1992. Only one of those dissents was due to disagreement on holding steady vs cutting.
The other 3 dissents cited--in the Fed's own words--disagreement with the "easing bias."
Frankly, we're not sure what the "easing bias" refers to considering the statement continues highlighting two sided risks to the outlook, but in general, if one disagrees with an easing bias, that is net hawkish, and could be contributing to some of this additional selling.
MBS are now down 14 ticks (.44) and 10yr yields are up 6.4bps at 4.413.
weaker overnight and modest additional selling after 830am data. MBS down 3 ticks (.09) and 10yr up 2bps at 4.369
10:07 AM
MBS down 10 ticks (.31) and 10yr up 5.3bps at 4.402
12:01 PM
Some volatility in response to news that the US is considering renewed strikes in Iran, but losses have been erased since then. MBS still down about 30bps and 10yr up 5bps at 4.398
02:16 PM
Slightly weaker after Fed announcement. MBS down 14 ticks (.44) and 10yr up 5.8bps at 4.406
02:53 PM
Weakest levels. MBS down nearly half a point. 10yr up 7bps at 4.42
04:54 PM
weakest levels. MBS down 18 ticks (.56) and 10yr up 8.1bps at 4.429
A message from Nickolas Inhelder:
We Make Home Happen.™
Our goal is simple:
To help every family we serve get to “Yes.”
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.
Bonds are just a hair weaker than they were before the Fed Announcement, but not for any reasons that are obvious in the announcement itself.
The most notable development was 4 dissenting votes--the most since 1992. Only one of those dissents was due to disagreement on holding steady vs cutting.
The other 3 dissents cited--in the Fed's own words--disagreement with the "easing bias."
Frankly, we're not sure what the "easing bias" refers to considering the statement continues highlighting two sided risks to the outlook, but in general, if one disagrees with an easing bias, that is net hawkish, and could be contributing to some of this additional selling.
MBS are now down 14 ticks (.44) and 10yr yields are up 6.4bps at 4.413.