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: Bonds Erase Losses as Trade Deal Underwhelms | ||
| 12/13/2019 4:10 PM | ||
| Posted To: MBS CommentaryBonds were leading off in a slightly friendly direction during the overnight session, largely because we hadn't really heard from China with respect to yesterday's trade deal drama. Nonetheless, it seemed like more concrete steps were being taken, so markets were willing to...Read More | ||
| Mortgage Rates Bounce After Trade Deal Update | ||
| 12/13/2019 3:34 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were somewhat distressed , to say the least, after yesterday"s various news stories pertaining to the US/China trade deal. For a variety of reasons, that"s the biggest consideration for financial markets at the moment, and interest rates are no exception. Rates were ...Read More | ||
| Lender Survey: Has the Refi Boom Run Out of Steam? | ||
| 12/13/2019 10:57 AM | ||
| Posted To: MND NewsWireLenders responding to Fannie Mae"s Q4 2019 Mortgage Lender Sentiment Survey ® didn"t have as bright an outlook for their future profit margins as in the previous survey when their expectations were at a high for the survey which dates back to 2014. However, 44 percent of the 188 senior lending ...Read More | ||
| So Much Trade War Drama, But Bonds in a Range | ||
| 12/13/2019 10:05 AM | ||
| Posted To: MBS CommentaryThe litany of updates/alerts listed below effectively serves to frame the launch sequence for today's trading. If you don't care to wade through the minutia, just read the most recent update or simply allow me to paraphrase: There was some confusion earlier as a Trump tweet...Read More | ||
| Correspondent, Processing, Broker Products; Deep Capital Markets Dive | ||
| 12/13/2019 7:57 AM | ||
| Posted To: Pipeline PressWhile the markets are talking about Boris Johnson’s victory in the U.K. (“get Brexit done”), here’s your trivia of the day: Every month that starts on a Sunday has a Friday the 13th. And did you know that research on humans shows that in the s...Read More | ||
| Only 2 Million U.S. Homes Remain Underwater | ||
| 12/13/2019 7:14 AM | ||
| Posted To: MND NewsWireAccording to Dr. Frank Nothaft, chief economist for CoreLogic, "Ten years ago, during the depths of the Great Recession, more than 11 million homeowners had negative equity." This was a quarter of mortgaged homes, he said. Times have certainly changed. The third quarter report from CoreLogic on the...Read More | ||
| Mortgage Rates Hard-Hit by Trade Headlines | ||
| 12/12/2019 1:58 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates jumped quickly higher today following a series of headlines/tweets regarding the probability of a US/China trade deal ahead of Sunday"s tariff deadline. What does all that mean? Let"s break it down. The status of the US/China trade relationship is a big deal for fina...Read More | ||
| Sluggish Loan Applications Show Weakness in New Home Sales | ||
| 12/12/2019 9:06 AM | ||
| Posted To: MND NewsWireWhile the Mortgage Bankers Association (MBA) is predicting newly constructed homes sold at a much higher rate in November than they did a year earlier, sales are expected to be down significantly from this past October. MBA"s Builder Application Survey (BAS) data for November 2019 shows mortgage ap...Read More | ||
| MBS Day Ahead: A New Way to Look at The Range | ||
| 12/12/2019 8:15 AM | ||
| Posted To: MBS CommentaryYesterday brought a nice little rally in response to a surprisingly rate-friendly press conference with Fed Chair Powell. The counterpoint to that conclusion is seen in the chart I posted in yesterday's recap. Specifically, bonds began the day rallying and were in the midst of ...Read More | ||
| Broker, Back-Office, Non-QM Products; Upcoming Events; The Fed and Rates | ||
| 12/12/2019 8:06 AM | ||
| Posted To: Pipeline PressWe never see the headline, "Psychic Wins Lottery!" No one has a crystal ball, but originators often ask their capital markets staff about the direction of rates, whether it is, “Should I lock today?” or “Why can’t we guarantee a builder a rate...Read More | ||