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.
By now, we've already said quite a bit about this week's scarcity of scheduled events with the power to motivate meaningful changes in the bond market. With that being the case, one might be tempted to consider today's FOMC Minutes as one of the biggest potential flashpoints and the first real opportunity to break this week's monotony. But that's probably wishful thinking. While we can't ever rule out the possibility that something in the Fed Minutes will catch the market's eye, the Minutes have been progressively minimized by the ever-increasing campaign for transparency--one that (dare we say) seems akin to "over-sharing" at times. In other words, we've heard from most Fed speakers in the 3 weeks since July 30th (the meeting that today's Minutes will speak to). Moreover, on July 30th, we had yet to see the bombshell jobs report, or the two relatively interesting inflation reports. Bottom line: don't confuse the Minutes with "new news" from the Fed. Our only shot at such things this week remains Powell at Jackson Hole.
Minimal change overnight. MBS down 1 tick (.03) and 10yr down half a bp at 4.299
12:15 PM
Slightly stronger. MBS up 2 ticks (.06) and 10yr down 2.6bps at 4.28
02:03 PM
Very slight negative reaction to Fed minutes offsetting very slight positive reaction to 20yr bond auction. 10yr still down 1.8bps at 4.287. MBS up 2 ticks (.06).
02:55 PM
Just a hair weaker now with 10yr down 1.1bps at 4.294 and MBS unchanged on the day.
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.
By now, we've already said quite a bit about this week's scarcity of scheduled events with the power to motivate meaningful changes in the bond market. With that being the case, one might be tempted to consider today's FOMC Minutes as one of the biggest potential flashpoints and the first real opportunity to break this week's monotony. But that's probably wishful thinking. While we can't ever rule out the possibility that something in the Fed Minutes will catch the market's eye, the Minutes have been progressively minimized by the ever-increasing campaign for transparency--one that (dare we say) seems akin to "over-sharing" at times. In other words, we've heard from most Fed speakers in the 3 weeks since July 30th (the meeting that today's Minutes will speak to). Moreover, on July 30th, we had yet to see the bombshell jobs report, or the two relatively interesting inflation reports. Bottom line: don't confuse the Minutes with "new news" from the Fed. Our only shot at such things this week remains Powell at Jackson Hole.