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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| New Home Sales Reverse Course, Ending Two-Month Deficit | ||
| 9/26/2018 9:44 AM | ||
| Posted To: MND NewsWireNew Home Sales posted a month-over-month increase for the first time since May according to Wednesday"s report from the U.S. Census Bureau and the Department of Housing and Urban Development. Sales in August rose 3.5 percent to a seasonally adjusted annual rate of 629,000 from a revised rate of 608...Read More | ||
| Freddie Mac Portfolio Up 6.1 Percent in August | ||
| 9/26/2018 9:41 AM | ||
| Posted To: MND NewsWireFreddie Mac reported today that its total mortgage portfolio increased at an annualized rate of 6.1 percent in August. The portfolio balance at the end of the period was $2.147 trillion compared to $2.136 trillion at the end of July and $2.052 trillion a year earlier. Purchases and Issuances totale...Read More | ||
| MBS Day Ahead: Paradoxical Reaction Potential For Today"s Fed | ||
| 9/26/2018 8:22 AM | ||
| Posted To: MBS CommentaryIn trying to put together a chart for this morning, I kept running into a wall. It had to do with the likely outcomes associated with different Fed forecast scenarios today. To keep things simple, the 2 scenarios I'm considering are "friendly Fed" (i.e. rate hike outl...Read More | ||
| Non-QM Products; Mel Watt to Testify; Company Changes | ||
| 9/26/2018 7:39 AM | ||
| Posted To: Pipeline PressThe last four weeks for me have included spending time with lenders in Montana, Southern & Northern California, Nevada, Arizona, and Illinois. Yes, they know that the traditionally slow 4th and 1st quarters are ahead and that rates are expected to head higher, bu...Read More | ||
| Mortgage Applications: Purchase Volume Continues to Improve | ||
| 9/26/2018 7:15 AM | ||
| Posted To: MND NewsWireThe Mortgage Bankers Association (MBA) says its Market Composite Index, a measure of mortgage application volume, moved higher during the week ended September 21 as did all of its seasonally adjusted and unadjusted components. It was the second straight week that all of the MBA indices gained groun...Read More | ||
| MBS RECAP: Despite Strong Data, Bonds Remain Focused on Fed | ||
| 9/25/2018 3:35 PM | ||
| Posted To: MBS CommentaryBonds began the day in weaker territory this morning, and they didn't need anyone to twist their arm in getting there. That was our first clue that traders are simply positioned extra defensively ahead of tomorrow's FOMC events (announcement, forecasts, and press conference...Read More | ||
| Mortgage Rates Unchanged to Slightly Higher | ||
| 9/25/2018 2:34 PM | ||
| Posted To: Mortgage Rate WatchMortgage rates were unchanged for some lenders today while others were in slightly higher territory. Either way, that leaves the average lender at the highest levels in more than 7 years. For what it"s worth, there are a few lenders that were slightly worse off for a day or two ear...Read More | ||
| Home Prices Slowing Their Momentum, Catching up With Housing | ||
| 9/25/2018 9:39 AM | ||
| Posted To: MND NewsWireBoth of the major home price indexes that were released this morning showed continued deceleration in the rate of appreciation, even though July is usually one of the strongest months of the year for home price gains. The Federal Housing Finance Agency"s (FHFA"s) House Price Index (HPI) and most va...Read More | ||
| MBS Day Ahead: Here"s The Wind-Up | ||
| 9/25/2018 8:11 AM | ||
| Posted To: MBS CommentaryWe talk sometimes about bonds taking a "lead-off" (like in that sport that a few of us still remember). Well, at least I talk about bonds taking a lead-off. In baseball, it's pretty much a given any time a runner is on base. The only question is whether the runner mai...Read More | ||
| LO Jobs; Digital, QC Products; Lender M&A; Fast Approaching Training and Events | ||
| 9/25/2018 8:04 AM | ||
| Posted To: Pipeline PressThe U.S. economy and job market are firing on nearly all cylinders (hence higher rates) but the housing market has essentially stalled. Here’s a stat that most real estate agents and lenders will agree with: Home purchases by international buyers are down 21% i...Read More | ||