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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| Rates End 6-Day Streak at Record Lows | ||
| 8/5/2020 4:18 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates cooled off today, rising for the first time since July 27th for the average lender. Between now and then we"ve seen a string of what have mostly been new record lows with top tier 30yr fixed offerings well under 3%. For more on what constitutes a "top tier scenario,"...Read More | ||
| MBS RECAP: Is The Rally Meeting Resistance or Just Consolidation? | ||
| 8/5/2020 3:07 PM | ||
| Posted To: MBS CommentaryIs The Rally Meeting Resistance or Just Consolidation? With modest overnight weakness and a small negative reaction to this morning's headlines (ADP and Treasury issuance), bonds may be encountering some more resistance on their journey toward lower yields and higher prices. Is...Read More | ||
| Maybe Home Prices Aren"t in Trouble After All? | ||
| 8/5/2020 8:58 AM | ||
| Posted To: MND NewsWireHome prices increased in June at the fastest pace in more than seven years. CoreLogic said its Home Price Index (HPI) rose 1.0 percent from May, the largest month-over-month gain since January 2013. The appreciation from April to May was 0.7 percent. Prices rose year-over-year by 4.9 percent compar...Read More | ||
| MBS Day Ahead: Bond Rally Running Out of Steam or Just Consolidating? | ||
| 8/5/2020 8:31 AM | ||
| Posted To: MBS CommentaryWith modest overnight weakness and a small negative reaction to this morning's headlines (ADP and Treasury issuance), bonds may be encountering some more resistance on their journey toward lower yields and higher prices. Is this a meaningful signal or just incidental consolidat...Read More | ||
| Business Practice, Income, Compliance Products; Renewing the Non-QM Segment | ||
| 8/5/2020 8:23 AM | ||
| Posted To: Pipeline PressSince eating inside a restaurant is problematic, now’s the perfect time to eat better at home, get fit, and stay healthy. Never mind: Who are we trying to impress? We have snacks, we have sweatpants, let’s use them! Would you be impressed if the entire U....Read More | ||
| Mortgage Application Volume Pulls Back For Second Consecutive Week | ||
| 8/5/2020 7:20 AM | ||
| Posted To: MND NewsWireMortgage application volume declined during the week ended July 31 even as mortgage interest rates reached another all-time low. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, decreased 5.1 percent on a seasonally adjusted basis from one week earli...Read More | ||
| New Mortgage Rate Record; What Is a "Top Tier" Scenario? | ||
| 8/4/2020 3:51 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates are on a tear, with the average lender easily hitting new all-time lows today. How low is that? At this point it"s safe to say that anything over 3% is too high as long as we"re talking about a top tier scenario. So let"s take a moment to discuss what might separate ...Read More | ||
| MBS RECAP: Bonds Continue Pushing The Record Pace, But MBS Are Lagging | ||
| 8/4/2020 3:11 PM | ||
| Posted To: MBS CommentaryBonds Continue Pushing The Record Pace, But MBS Are Lagging Yesterday we asked what would come next for bonds after breaking through resistance levels (.58 in 10yr yields and 103.00 in 2.0 UMBS), what comes next. Such breakouts can be the cue for a corrective bounce or a quick rush...Read More | ||
| Ops Jobs; Marketing, Database Tools; Disaster Updates; Capital Markets | ||
| 8/4/2020 9:11 AM | ||
| Posted To: Pipeline PressSure, you’re making bank now, but are you planning for next year? Is your company doing anything to “team up”? Many lenders, vendors, and real estate companies have strategic partnerships with other companies. There’s strength in numbers, and ...Read More | ||
| MBS Day Ahead: Another Day, Another Record High For MBS | ||
| 8/4/2020 8:49 AM | ||
| Posted To: MBS CommentaryWhile there's no way to know how the day will wrap up for the MBS market, we know how it's starting out. We also know how 4 of the past 5 days have started out (and wrapped up, for that matter): at all-time highs. The following chart of 2.0 UMBS candlesticks shows the conso...Read More | ||