The August Group Inc. is your source for dependable Real Estate Appraisals in Saint Louis City and the following counties in Missouri; St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois.Whether it's an older home or luxurious new construction, Jeffrey Noyes' experience and hours of study as licensed appraiser make him qualified to provide home valuations in Saint Louis City, St. Louis, Franklin, Jefferson, Warren, Lincoln, St. Charles and St. Francois County for clients ranging from national mortgage companies to local lenders or individual businesses and consumers.
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| MBS RECAP: Week"s Important Events Still to Come | ||
| 4/23/2019 3:13 PM | ||
| Posted To: MBS CommentaryWith each passing day this week, we're reminded that the most important events are yet to come. In fact, we may well be looking at only one significant event in the form of Friday's Q1 GDP reading. There are a few other contenders before that but none with nearly as much st...Read More | ||
| Mortgage Rates Move Up Despite Market Gains | ||
| 4/23/2019 2:42 PM | ||
| Posted To: Mortgage Rate WatchWhen bonds make "gains," it means that bond prices are moving up. The price of a bond is like the amount that a lender is willing to pay for the right to collect a certain amount of interest. The more the lender is willing to pay, the lower that lender"s "yield" will be. Looked at ...Read More | ||
| New Home Sales Best Estimates, Inventories Decline | ||
| 4/23/2019 10:37 AM | ||
| Posted To: MND NewsWireNew home sales continued on a winning streak in March , increasing for the third straight month. The U.S. Census Bureau and the Department of Housing and Urban Development said sales of newly constructed homes were at a seasonally adjusted annual rate of 692,000 units during the month. This is a 4....Read More | ||
| Home Price Appreciation Hit the Brakes in February per FHFA | ||
| 4/23/2019 10:02 AM | ||
| Posted To: MND NewsWireThe pace of home price appreciation slowed notably in February , at least as reflected in the Federal Housing Finance Agency"s (FHFA"s) House Price Index (HPI). The index, which is calculated using home sales information from mortgages sold to or guaranteed by the GSEs Fannie Mae and Freddie Mac, r...Read More | ||
| MBS Day Ahead: Should we Care About Rising Oil Prices | ||
| 4/23/2019 8:41 AM | ||
| Posted To: MBS CommentaryOil is one of the most fundamental economic inputs when it comes to determining costs and thus inflation. Inflation is one of the most fundamental inputs when it comes to determining the price of bonds. It certainly stands to reason that big moves in oil could translate to at least...Read More | ||
| Subservicer Products; Vendor Updates - Raising Money, Buying Lenders, and Using Blockchain | ||
| 4/23/2019 7:57 AM | ||
| Posted To: Pipeline PressShould small, non-depository mortgage bankers be concerned about big banks renewing their interest in FHA loans? Probably. Bank of America is promoting its $0 origination fee FHA & VA programs. Speaking of low down payments, we have last week’s Mortgagee Le...Read More | ||
| Lenders Look to Technology Solutions to Increase Profitability | ||
| 4/23/2019 7:23 AM | ||
| Posted To: MND NewsWireAs profit margins have continued to shrink, mortgage lenders have been seeking to utilize technology to reduce their production expenses which involve in part transmitting large volumes of data among several interconnected parties such as consumers, investors, service provider, and others. In an ar...Read More | ||
| MBS RECAP: Bonds Slump, But Trading Was Pretty Light | ||
| 4/22/2019 4:43 PM | ||
| Posted To: MBS CommentaryThere's age old market wisdom that loosely suggests any given move should be taken more seriously if there's a lot of volume behind it. Deductively, we might conclude that moves backed by exceptionally light volume could be taken less seriously. To whatever extent it makes ...Read More | ||
| Mortgage Rates Modestly Higher to Start The Week | ||
| 4/22/2019 3:54 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were higher again on Monday, but just barely. The average lender was still in worse shape on Tuesday or Wednesday of last week when rates were the highest they"d been in about a month. Rates reflect demand in the bond market. Bonds can be bought or sold for a variety...Read More | ||
| March Home Sales Couldn"t Repeat February"s Win | ||
| 4/22/2019 10:53 AM | ||
| Posted To: MND NewsWireThe question this morning was whether March"s existing home sales could build on the strong numbers posted in February, an 11.8 percent increase from the prior month with a seasonally adjusted pace of 5.51 million. It was the largest gain in more than three years. The consensus was that they would ...Read More | ||