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 Day Ahead: Strange Combination of Pre-Brexit Paralysis and Jumpiness | ||
| 10/18/2019 8:03 AM | ||
| Posted To: MBS CommentaryYesterday brought the highest yields in a month as Brexit-related optimism swelled early in the overnight session. At issue: British PM Johnson and EU negotiators reached "a deal." Great! Right? Brexit is solved? But wait... British parliament would still need to sign off...Read More | ||
| MBA Predicts Economic and Rate Uncertainty Depressed New Home Sales | ||
| 10/18/2019 7:22 AM | ||
| Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) says it expects that new home sales declined in September relative to August based on a drop in mortgage applications to finance their purchase. MBA says its Builder Application Survey showed there were 8 percent fewer applications in September than in August,...Read More | ||
| Broker, Fraud, Credit, and Hedging Products; Lenders Adjust to FHA Changes | ||
| 10/18/2019 7:15 AM | ||
| Posted To: Pipeline PressHere’s a little trivia for you. What does San Francisco have six of that Manhattan has none of? Dirt roads ! I don’t know if the cost of maintaining a dirt road is more than that of maintaining a paved road, but I do know that the industry is buzzing abou...Read More | ||
| MBS RECAP: Even if Bonds Weren"t Ignoring Data, They"d Still Be Confused | ||
| 10/17/2019 3:24 PM | ||
| Posted To: MBS CommentaryThe bond market has a lot on its mind right now. 2019 is proving to be very different from other episodes of big, protracted rate trends. In most past instances, we can point to 1 key theme driving the momentum, with a few occasional supporting actors. Things are more complex and n...Read More | ||
| Mortgage Rates Face Volatility Thanks to an Old Friend | ||
| 10/17/2019 2:40 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates didn"t do much today, but risks are increasing that movement will be more brisk in the coming business days. Blame European politics--specifically: Brexit. This isn"t the mortgage rates" world first go-round with the U.K."s lengthy process of exiting the European Uni...Read More | ||
| Single Family Construction Improves, Multi-Family Not So Much | ||
| 10/17/2019 9:20 AM | ||
| Posted To: MND NewsWireAfter posting some of the best results in a year the previous month, all three construction indicators fell back in September . The U.S. Census Bureau and the Department of Housing and Urban Development said housing starts and completions of residential units were especially weak as were the number...Read More | ||
| MBS Day Ahead: Lots of Data, But All Eyes on Brexit | ||
| 10/17/2019 8:34 AM | ||
| Posted To: MBS CommentaryYesterday saw a swath of Brexit headlines spark unavoidable bond market weakness just as a weaker reading in the important Retail Sales report suggested a rally. Offsetting penalties, back to the line of scrimmage! Bonds ultimately ended green on the day, but that was largely made ...Read More | ||
| Correspondent, Home Equity Products; Warehouse Facility For Sale; HUD and Flood Programs | ||
| 10/17/2019 7:57 AM | ||
| Posted To: Pipeline Press52% of Agency biz (e.g., Freddie and Fannie) is first-time home buyers. Over at HUD, according to the Mortgage Bankers Association (MBA), first-time home buyers account for more than 75 percent of FHA home purchases. FHA & VA continue to evolve – more below...Read More | ||
| Nearly Half of October Originations Were Refinances | ||
| 10/17/2019 7:03 AM | ||
| Posted To: MND NewsWireThe 30-year note rate on closed mortgages fell to 3.93 percent in September, down from 4.07 percent in August, and along with the decline, the ninth in as many months, the share of refinances crept close to half of all the month"s originations. Ellie Mae"s September Origination Insight Report said ...Read More | ||
| MBS RECAP: Why Didn"t Bonds Seem to Care About Retail Sales? | ||
| 10/16/2019 5:31 PM | ||
| Posted To: MBS CommentaryThere was a bit of a giveaway in this morning's commentary, titled " Brexit Headlines vs Retail Sales ." Indeed, it's "Brexit headlines" that answer the question in the most recent headline. In other words, bond markets at home and abroad (but especially...Read More | ||