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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Mortgage Rates Finally Catching a Break | ||
3/2/2021 3:40 PM | ||
Posted To: Mortgage Rate WatchIn the past 2 decades , there have been 6 months where mortgage rates rose at least 50 basis points. February 2021 was one of them. Moreover, it was one of only 2 of those months where rates rose without obvious provocation from a significant new, unexpected motivation (the last ti...Read More | ||
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MBS RECAP: Much Better Day For Bonds. Dare We Discuss It? | ||
3/2/2021 3:25 PM | ||
Posted To: MBS CommentaryMuch Better Day For Bonds. Dare We Discuss It? A fairly flat morning gave way to an afternoon rally, especially for MBS. 10yr yields made "lower highs" for the 3rd day in a row today. Getting "hopeful" has been dangerous for a month now. While we don't know ...Read More | ||
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Home Price Appreciation Broke an 8-Year Record in January | ||
3/2/2021 11:22 AM | ||
Posted To: MND NewsWireCoreLogic says home prices in January were 10 percent higher than a year earlier. It was the first double digit increase in the company"s Home Price Index (HPI) since November 2013 . The company had reported a 9.2 percent annual increase in December. The month-over-month increase in home prices nat...Read More | ||
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With Protections Expiring, Millions are in Danger of Losing Their Home | ||
3/2/2021 9:28 AM | ||
Posted To: MND NewsWireWhat happens to homeowners and landlords when the federal, state, and local protections put in place during the pandemic go away? The Consumer Financial Protection Bureau (CFPB) is warning that the answer is hanging in the balance. Moratoria on foreclosures and evictions coupled with widespread ava...Read More | ||
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New products, Fee Collection, Sales, VOE Tools; Events and Webinars: All This Week! | ||
3/2/2021 9:18 AM | ||
Posted To: Pipeline PressAs a kid, magic tricks are amazing because we think there is magic. As an adult, magics tricks are amazing because we know there is no magic. Lenders know that financing a home is not magic, done through sleight of hand. Quite the opposite. Getting a mortgage while y...Read More | ||
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MBS Day Ahead: Here"s The New Short-Term Trend to Watch | ||
3/2/2021 8:34 AM | ||
Posted To: MBS Commentary- The absence of stronger gains this week means bonds remain inside their short-term uptrend (see chart) - 100% focus on UMBS 2.5 coupon ( why? ) - "lower high" yield yesterday and again so far today (keeps hope alive), but... - Conversely, no strong commitment to rallyin...Read More | ||
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Construction Spending Rising Twice as Fast as Expected | ||
3/1/2021 3:00 PM | ||
Posted To: MND NewsWireConstruction expenditures started 2021 displaying the same imbalance between the growth of residential and non-residential spending that had dominated much of 2020. The U.S. Census Bureau said overall spending in January was at a seasonally adjusted annual rate of $1.522 trillion, 1.7 percent highe...Read More | ||
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MBS RECAP: Too Strong to Give Up Hope. Too Weak to Rest Easy | ||
3/1/2021 2:57 PM | ||
Posted To: MBS CommentaryToo Strong to Give Up Hope. Too Weak to Rest Easy - New week, new month, new chance for yields to confirm a ceiling after last week's rout - Mixed results for bonds today with early weakness and a late bounce (especially for MBS) - Very poor liquidity in MBS (buyers and sellers...Read More | ||
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MBS Day Ahead: Battle For The Bounce (And Fibonacci Strikes Back?) | ||
3/1/2021 9:13 AM | ||
Posted To: MBS CommentaryAfter Friday's impressive (and much-needed) bounce toward lower yields, the new week/month took on even greater importance than normal as a venue for a shift in the recently ultra-bearish tone. In other words, yields have been surging relentlessly higher, and it's about dam...Read More | ||
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Ops, MLO Jobs; Sales, Non-QM, HELOC Products; Agency and Investor Disaster Policies; the Fed and Rates | ||
3/1/2021 8:36 AM | ||
Posted To: Pipeline PressWith the jump up in mortgage rates Thursday, and the move back down Friday, a few lock desk personnel wrote to me over the weekend asking about ways of keeping LOs who floated when rates were low, or locked loans at the bottom, off their back . Here you go . Certainl...Read More | ||