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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| Fairly Innocent Wake-Up Call For Mortgage Rate Watchers | ||
| 7/8/2020 3:08 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were unchanged today for the average lender. That means they remain at all-time lows that are even lower than the all-time lows seen during the previous 3 business days. Even so, today"s underlying market movement might be a bit of a wake-up call for anyone waiting t...Read More | ||
| MBS RECAP: Closer Look at Stocks vs Rates | ||
| 7/8/2020 3:07 PM | ||
| Posted To: MBS CommentaryBonds Pull Back, But It's Still a Waiting Game Despite some modest weakness to begin the day, bonds remain smack dab in the center of their recent range. We've officially begun the waiting game. Econ Data / Events 11:30-11:50 AM (ET) - Fed 30yr UMBS Buying Market Movement R...Read More | ||
| Housing Market Confidence Continues to Bounce Back | ||
| 7/8/2020 1:22 PM | ||
| Posted To: MND NewsWireFannie Mae"s Home Purchase Sentiment Index (HPSI) continued to rebound last month from its sharp retreat to near record lows in the Spring. The Index, based on selected responses to the company"s National Housing Survey (NHS) fell an aggregate 29.5 points in March and April, in reaction to the COVI...Read More | ||
| Mortgage Application Volume Recovers its Momentum | ||
| 7/8/2020 9:44 AM | ||
| Posted To: MND NewsWireMortgage application volume bounced back into positive territory last week , even though banks and many businesses were closed on Friday for the Independence Day Holiday. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, was 2.2 percent higher on a se...Read More | ||
| U/W, LO, Processor Jobs; Lead, Broker, AMC Products; Upcoming Training; a Peek at Rocket Companies | ||
| 7/8/2020 8:57 AM | ||
| Posted To: Pipeline PressCrazy times. Brooks Brothers filed for Chapter 11 bankruptcy. Rocket Companies filing for an IPO. Genworth Mortgage Insurance completing an excess of loss reinsurance transaction. It is easy to argue that it is the fear of the virus that is impacting economies around...Read More | ||
| MBS Day Ahead: It"s Still a Waiting Game | ||
| 7/8/2020 7:49 AM | ||
| Posted To: MBS CommentaryThere really wasn't much by way of riveting new developments on the radar heading into this week. A smattering of Fed speakers and relatively inconsequential data in early July aren't up to the task of creating big-picture momentum in the age of coronavirus. That's not ...Read More | ||
| Study Shows Low Housing Supply Leads to Gentrification | ||
| 7/8/2020 7:37 AM | ||
| Posted To: MND NewsWireA study by the Urban Institute (UI) has found a strong correlation between the home price to income ratio in an area and its rate of gentrification. The results are published on UI"s Urban Wire blog in a post written by analysts Ellen Seidman, Jun Zhu, and Laurie Goodman. The authors say it is impo...Read More | ||
| MBS RECAP: Record High MBS Prices, Record Low Rates. What Next? | ||
| 7/7/2020 3:28 PM | ||
| Posted To: MBS CommentaryRecord High MBS Prices, Record Low Rates. What Next? Bonds and rates clearly aren't looking at economic data as a key source of motivation, nor are they playing by the normal set of rules. Coronavirus has rewritten those rules. How long can this all-time-low rate environment la...Read More | ||
| Mortgage Rates Just Got Even Lower | ||
| 7/7/2020 3:27 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were already at all-time lows yesterday, and had been holding at those levels for at least 3 business days for the average lender. I normally tell people that mortgage lenders are hesitant to drop rates very aggressively when they"re already at all-time lows, and tha...Read More | ||
| 2021 Could See First Decline in Home Prices in 9 Years | ||
| 7/7/2020 8:48 AM | ||
| Posted To: MND NewsWireDid the housing happy talk just get a little less so? CoreLogic"s Housing Price Index Forecast (HPI) over the May 2020 to May 2021 window is seeing more rapid price deceleration in the face of the COVID-19 situation than did their previous 12-month forecast t hat ended in April of next year. In its...Read More | ||