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: What Fed Day? This One Was a Dud | ||
| 9/18/2019 4:49 PM | ||
| Posted To: MBS CommentaryAs far as Fed days go--especially the kind where we get updated economic projections--today's example was pretty damn uneventful. These things happen from time to time, but this wasn't exactly a day where a "dud" announcement was seen as being very likely. Markets...Read More | ||
| HIGHER Mortgage Rates Despite Fed Rate CUT. Here"s Why | ||
| 9/18/2019 3:54 PM | ||
| Posted To: Mortgage Rate WatchOne of the greatest potential sources of confusion for prospective mortgage borrowers is the relationship between the Fed and mortgage rates. While the Fed"s policy changes absolutely have a big impact on all sorts of interest rates (including mortgages), a drop in the Fed"s policy...Read More | ||
| Differences Between Previous and Current FOMC Statements | ||
| 9/18/2019 1:02 PM | ||
| Posted To: MBS CommentaryInformation received since the Federal Open Market Committee met in JuneJuly indicates that the labor market remains strong and that economic activity has been rising at a moderate rate. Job gains have been solid, on average, in recent months, and the unemployment rate has remained...Read More | ||
| Housing Permits and Starts Hit Highest Levels in a Year | ||
| 9/18/2019 9:23 AM | ||
| Posted To: MND NewsWireAugust turns out to have been among the year"s strongest periods for residential construction. While analysts had expected builders to shake off some of the lethargy that has dogged the industry for most of the year, increasing at least the rate of housing starts. However results exceeded expectati...Read More | ||
| MBS Day Ahead: Today"s Fed Announcement is More Complicated Than Normal | ||
| 9/18/2019 8:09 AM | ||
| Posted To: MBS CommentaryIn the day just passed, the bond market managed to add a 2nd day to a friendly correction--a small counterattack against the much larger corrective sell-off that dominated last week's trading (and yes... that weakness was, itself, a counterattack against a MUCH larger downtrend...Read More | ||
| Pricing, Capital Markets Products; Vendor Tools and Capital Raise | ||
| 9/18/2019 7:25 AM | ||
| Posted To: MND NewsWireThis morning I find myself in Pittsburgh, PA for the MBA of Southwest Pennsylvania . (Yes, I am bound for lunch at Primanti Brothers.) It turns out that the nearest farm to downtown Pittsburgh is only 20 minutes away, which is good for field trips, but it’s that time of year when we’re ...Read More | ||
| Higher Mortgage Rates Didn"t Deter Purchase Loan Activity | ||
| 9/18/2019 7:10 AM | ||
| Posted To: MND NewsWireThere was a jump in purchase mortgage applications during the week ended September 14 even as interest rates moved higher. The Mortgage Bankers Association (MBA) said its Market Composite Index, a measure of applications volume, ticked down 0.1 percent on a seasonally adjusted basis, as the increas...Read More | ||
| MBS RECAP: Fine-Tuning Correction Ahead of Fine-Tuning Rate Cut | ||
| 9/17/2019 5:24 PM | ||
| Posted To: MBS CommentaryToday saw the narrowest trading range of any day so far this month and by far the calmest day since the big September selling spree began. Drama came in the form of an uncommon and esoteric development in short-term funding markets, which essentially and unexpectedly ran out of liq...Read More | ||
| No, The Fed Rate Cut Won"t Affect Mortgage Rates | ||
| 9/17/2019 4:02 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates have risen rather abruptly from their long term lows 2 weeks ago and are now at the highest levels in more than a month. Fortunately, the average lender is still easily able to quote rates in the high 3% range, which is still a significant savings for anyone who boug...Read More | ||
| MBA Says New Home Sales Increased for August | ||
| 9/17/2019 10:20 AM | ||
| Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) is anticipating an increase in new home sales in August. The organization"s Builder Application Survey found the volume of applications to finance the purchase of newly construction homes was 33 percent higher than in August 2018 although there was a downtick ...Read More | ||