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: Bonds Still Staring Down Range Boundaries | ||
| 4/14/2021 9:09 AM | ||
| Posted To: MBS CommentaryYesterday was good for bonds with 10yr yields covering more ground toward lower yields during domestic trading hours than any other day since February. Nonetheless, when faced with an opportunity to break below the 1.62% resistance level, they ran the only play in the playbook (the...Read More | ||
| Mortgage Applications Decline Further, High Costs Constraining Home Sales | ||
| 4/14/2021 7:36 AM | ||
| Posted To: MND NewsWireHigher interest rates drove the volume of mortgages applications lower again last week. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of that volume, decreased 3.7 percent on a seasonally adjusted basis during the week ended April 9. On an unadjusted basis, the I...Read More | ||
| Mortgage Rates Lowest in Nearly a Month | ||
| 4/13/2021 3:04 PM | ||
| Posted To: Mortgage Rate WatchSlow and steady wins the race, and mortgage rates have been making slow, steady progress back down from recent long-term highs seen at the end of March. Over that time, the average conventional 30yr fixed rate quote has fallen anywhere from .125 to 0.25% depending on the lender. Th...Read More | ||
| MBS RECAP: Strong Showing With Help From Vaccine Drama and a Solid Bond Auction | ||
| 4/13/2021 3:03 PM | ||
| Posted To: MBS CommentaryStrong Showing With Help From Vaccine Drama and a Solid Bond Auction The day began with bonds falling back to yesterday's range after rising in the overnight session. Concerns over the J&J vaccine were in focus. Inflation data (CPI) came out stronger than expected, but bond...Read More | ||
| Mortgage Banks Report 2020 Financials Shattered Last Years Records | ||
| 4/13/2021 1:56 PM | ||
| Posted To: MND NewsWireWhile most of us couldn"t wait for 2020 to be over, it turns out to have been a superlative year for mortgage originators. The Mortgage Bankers Association"s (MBA"s) annual Mortgage Bankers Performance Report shows the profit independent mortgage banks and mortgage subsidiaries of chartered banks m...Read More | ||
| Delinquencies Post Fifth Month of Improvement | ||
| 4/13/2021 10:08 AM | ||
| Posted To: MND NewsWireThe national delinquency rate posted its fifth consecutive decline in January, retreating to the lowest level since the start of the pandemic. CoreLogic says 5.6 percent of all mortgages were at least 30 days past due during the month, including those loans in foreclosure. This was an increase of 2...Read More | ||
| MLO Jobs; HELOC, Renovation, Jumbo, Sales Products; New Correspondent Investor for Non-QM and QM Loans | ||
| 4/13/2021 10:07 AM | ||
| Posted To: Pipeline PressWhy do all underwriters have soft hair? Because they over-condition! (How do your underwriters feel about bitcoin? Brokers up in Canada are now accepting eCurrency .) Underwriters are charged with analyzing the 5 C’s of credit (character, capacity, capital, col...Read More | ||
| MBS Day Ahead: As Expected, Bonds Take Higher Inflation in Stride | ||
| 4/13/2021 8:01 AM | ||
| Posted To: MBS CommentaryIt's a sign of the times that the bond market responded with a modest rally following a stronger reading on CPI and a looming record-size 30yr bond auction this afternoon (not to mention stocks trading at all-time highs). Granted, yields are now 100bps higher than they were in ...Read More | ||
| MBS RECAP: Bonds Look Past Weaker Treasury Auction | ||
| 4/12/2021 3:04 PM | ||
| Posted To: MBS CommentaryBonds Look Past Weaker Treasury Auction Treasury auction have been more important than normal so far in 2021 as they serve as good opportunities for traders to vote on the pace of rising rates. Most recently, they've been a litmus test for break from uptrend. While we can't...Read More | ||
| Fannie/Freddie Announce End Dates for QM Rules | ||
| 4/12/2021 9:41 AM | ||
| Posted To: MND NewsWireBoth Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must conform to the agreement made on their behalf in January by the Federal Housing Finance Agency (FHFA) with the Department of Treasury, amending the P...Read More | ||