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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| Moderate, Inconsequential Weakness | ||
| 5/17/2024 2:31 PM | ||
| Moderate, Inconsequential Weakness Bonds lost ground at a modest to moderate clip on Friday, but not for any interesting or obvious reasons. The selling has been very linear over the past 2 trading days with Treasury yields fitting neatly inside a simple trend channel. There is perhaps some smal...Read More | ||
| Mortgage Rates Continue Higher For 2nd Straight Day | ||
| 5/17/2024 2:11 PM | ||
| Mortgage rates have had a great month of May so far with almost every day being a winner up until yesterday and today. Even then, the 2 day losing streak began from the lowest levels in just over 5 weeks. Perhaps more importantly, apart from the past 2 days, today"s rates would still be the lowest in more than a month. In other words, ...Read More | ||
| Broker Products; Credit, AI Chatbot, Hedging Tools; CFPB Verdict: LO Jobs | ||
| 5/17/2024 11:02 AM | ||
| We’re only a few days away from the MBA’s Capital Markets Conference. Attendees, don’t forget to pick up your badges, or else! (Speaking of interesting clips, watch U.S. Secretary of State Antony J. Blinken launch the Global Music Diplomacy Initiative; there is a rumor he’ll be on the stage at the next MBA conference.) One of the big topics next we...Read More | ||
| 11 Day Weekend Starts Now | ||
| 5/17/2024 10:12 AM | ||
| Friday"s only scheduled economic report is the Conference Board"s Leading Economic Indicators (LEI) index. It is not considered a timely market mover and it had no impact this morning despite coming in at -0.6 vs -0.3 forecast. The slate of scheduled data isn"t much better next week. The only report with a track record of signific...Read More | ||
| Gradual Weakness All Day And a Quieter Calendar Ahead | ||
| 5/16/2024 4:00 PM | ||
| Gradual Weakness All Day And a Quieter Calendar Ahead Today brought the last of the scheduled economic data until the end of next week. Even then, the data won"t be too relevant for at least 2 weeks when the next PCE price index comes out. Ironically, we"ve always considered Import Price data to...Read More | ||
| Mortgage Rates Start Sideways But Move Higher in The Afternoon | ||
| 5/16/2024 3:18 PM | ||
| On the average day in the mortgage market, the average lender will offer the same mortgage rate terms for the entire day. It"s only when the underlying bond market moves enough that lenders will make mid-day adjustments. Today was one of those days and it involved a reprice to slightly higher levels. For now, this is still fairly incon...Read More | ||
| Builders Are Finishing More and More Homes, But Permits Have Been Flat | ||
| 5/16/2024 1:55 PM | ||
| The latest data on new residential construction from the U.S. Census Bureau paints a somewhat mixed picture of the housing market. While housing completions surged in April, Housing starts only increased modestly and building permits declined both building permits slipped to the lowest level since last summer. The following bullet points break dow...Read More | ||
| Back to Boring | ||
| 5/16/2024 11:02 AM | ||
| It"s the day after the CPI data and thus begins a concerted effort over the next few weeks to avoid compiling every piece of commentary as a simple countdown to the next CPI. To be fair, we will avoid some of that temptation by counting down to the first week of June with its more robust economic calendar and by the time we get through the jo...Read More | ||
| Pricing, POS, Broker to banker, Cybersecurity Tools; STRATMOR/Teraverde Deal Inked | ||
| 5/16/2024 10:47 AM | ||
| Attendees of next week’s MBA Secondary conference can look forward to… A giant hot dog in Times Square that spits out confetti at high noon. (Keep your risqué comments to yourself please.) They can obviously look forward to much more at the actual conference, including information about the economy, regulators, and seeing what the Agencies and aggr...Read More | ||
| Like The Last CPI Never Even Happened | ||
| 5/15/2024 2:04 PM | ||
| Like The Last CPI Never Even Happened The much anticipated CPI data was perfectly in line with expectations of 0.3% month over month at the core level. That"s a far cry from the 0.17% needed to sustain a 2.0% annual inflation target on average, but by avoiding another upside surprise, it was enough fo...Read More | ||