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: Key Technical Ends Up Providing Support | ||
| 7/19/2018 3:02 PM | ||
| Posted To: MBS CommentaryIf you are an MBS Live member, today's recap has already been written in this update and in The Huddle . Non-MBS Live members can get a pretty solid idea from the free mortgage rate article HERE . For those who don't like to click links, suffice it to say that the upper ran...Read More | ||
| Mortgage Rates Back to Flat After Starting Higher | ||
| 7/19/2018 1:53 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates had a scare today, as they began the day at their highest levels of the month (depending on the lender) only to fall back in line with yesterday (or better!). The reason for the back-and-forth movement has to do with esoteric behind-the-scenes stuff in the bond marke...Read More | ||
| Libor - Not Exactly an Obituary, But... | ||
| 7/19/2018 10:50 AM | ||
| Posted To: MND NewsWireA group of financial experts is scheduled to meet at on Thursday to make funeral arrangements for Libor . In case you hadn"t heard, the London interbank offered rate, the number that indicates how much one bank needs to borrow from another, is not expected to survive much beyond the end of the deca...Read More | ||
| FHFA Ruled Unconstitutional, but Net Sweep Prevails | ||
| 7/19/2018 10:07 AM | ||
| Posted To: MND NewsWireYet another federal court has rebuffed shareholders hoping to recover some value from their investments in the government sponsored enterprises (GSEs) Fannie Mae and Freddie Mac. A three-judge panel for the Fifth Circuit (Texas) Court of Appeals refused to stop the practice of net worth sweeps requ...Read More | ||
| MBS Day Ahead: What Happens If Bonds Break This Ceiling? (Philosophical Discussion on Technicals) | ||
| 7/19/2018 8:18 AM | ||
| Posted To: MBS CommentaryThis primer (and this one , and this one ) will be useful for digesting the following, if you haven't read it before. For those paying any sort of attention to trading levels in bond markets over the past few weeks, it's hard to miss the super narrow range between 2.825 and...Read More | ||
| LO Training and Conferences; Teams With Different Comp Plans? | ||
| 7/19/2018 8:13 AM | ||
| Posted To: Pipeline Press“Rob, are you hearing, now that the CFPB is perceived to have lost its teeth, that some lenders are providing their loan officers two different rate sheets?” Unfortunately, yes, I am hearing that, but hopefully it is an untrue rumor. It would certainly fl...Read More | ||
| Purchase Share and Interest Rates Creep up, Hit New Ellie Mae Highs | ||
| 7/19/2018 7:56 AM | ||
| Posted To: MND NewsWireThe share of closed loans for home purchases ticked up another point in June, to 71 percent. While Ellie Mae has only tracked data since 2011, this represents a new high for those loans in the company"s Origination Insight Report. The purchase share was also up 1 point for FHA loans, at 81 percent ...Read More | ||
| MBS RECAP: Bonds Back at Range Boundary | ||
| 7/18/2018 4:44 PM | ||
| Posted To: MBS CommentaryAfter holding the same sideways range since June 27th, 10yr Treasury yields finally knocked on the 2.88+ ceiling for the 2nd time (the previous attempt being July 3rd). But that's about as exciting as I can make today sound. The overall move higher in yields was less than 2bps,...Read More | ||
| Mortgage Rates Flat Again, Despite Modest Market Weakness | ||
| 7/18/2018 3:57 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were flat again today, further prolonging a trend that"s been in place for weeks. During that time, we"ve seen modest ups and downs, but no significant changes. To put the narrowness of the range in context, the "ups and downs" are only seen in the upfront costs asso...Read More | ||
| Millennial Homeownership Headwinds Worrisome for Future | ||
| 7/18/2018 3:29 PM | ||
| Posted To: MND NewsWireIt is the largest generation in U.S. history and Millennials may also set a record as the one whose behaviors have been most heavily researched. Despite the hours of study and pails of ink, the direction the generation"s members will ultimately take in their lives still has the nation a bit flummox...Read More | ||