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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| Mortgage Rates Hold Steady For Most Lenders | ||
| 4/23/2026 1:41 PM | ||
| Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender"s top-tier 30yr fixed rates were perfectly unchanged from yesterday and in the same narrow range as the past 7 business days (6.29-6.33%). Despite the uneventful outcome, there was some underlying market volatility mid-day following ...Read More | ||
| Specialty AI, Pooling, Correspondent Products; Lender Responsibility Opinion; Webcast Shows Incoming | ||
| 4/23/2026 10:54 AM | ||
| After over 40 years in this industry and capital markets, I"ve learned that the best conversations are… with people. For example, a flyer could have been sent out yesterday instead of having a press conference to cover the VantageScore & FICO 10T news, but they chose to talk about it rather than tweet it. People! Next month, we"re putting some ...Read More | ||
| Fake Headlines Moving Markets? | ||
| 4/23/2026 8:14 AM | ||
| Bonds were almost perfectly flat in the overnight session with yields holding inside a 1.5bp range. Oil prices rose initially, but recovered before the domestic session began. Part of that recovery occurred after headlines said US/Iran negotiations could make a breakthrough according to an Iranian diplomatic source. Social media quickly dubbed the ...Read More | ||
| Uncertainty Extended Indefinitely | ||
| 4/22/2026 3:09 PM | ||
| Uncertainty Extended Indefinitely Heading into last night"s ceasefire expiration, there was a sense that the market would at least have something to provide a directional cue to break the recent range-bound monotony. Instead, not only was the ceasefire extended, but the new deadline is explicitly TBD. This ...Read More | ||
| Mortgage Rates Maintaining a Tight Range Amid War-Related Uncertainty | ||
| 4/22/2026 2:22 PM | ||
| Rates remain focused on oil prices and war-related developments. With yesterday"s ceasefire extension and today"s ambiguity over the time frame of that extension, rates are in a distinct holding pattern until the next phase of escalation/de-escalation comes into better focus. For now, the market is generally betting on de-escalation as seen in sto...Read More | ||
| MBS Execution, AI, DSCR, Processing, HELOC Products; Hedge Funds, Treasuries, and Mortgage Rates | ||
| 4/22/2026 10:52 AM | ||
| Today we have a press conference with HUD Secretary Scott Turner and U.S. Federal Housing Director Bill Pulte announcing “a significant development in the U.S. housing finance system” at 12:45PM ET. Rumors run the gamut from “operationalizing” VantageScore to moving control of the FHA & VA programs under Pulte and the FHFA. Meanwhile, the capit...Read More | ||
| Hurrying Up And Waiting | ||
| 4/22/2026 9:11 AM | ||
| As a testament to just how confident the market is/was that neither side is overly interested in escalating the Iran war, Tuesday night"s ceasefire deadline has come and gone with surprisingly little fanfare. Yes, the ceasefire was technically extended, but the more relevant point is that oil prices have traded inside a 4 dollar range that covered ...Read More | ||
| Ceasefire Uncertainty Adds to Losses | ||
| 4/21/2026 2:49 PM | ||
| Ceasefire Uncertainty Adds to Losses Bonds were just a bit weaker this morning after the weekly ADP data. Just before 11am ET, several newswires called ceasefire negotiations into question. Chief among these was a report that Iran had not confirmed its intent to participate. Despite the seemingly signi...Read More | ||
| Highest Rates in a Week But There"s a Catch | ||
| 4/21/2026 1:49 PM | ||
| Technically and officially, today"s average top tier 30yr fixed mortgage rate is the highest since last Monday. The catch is that there hasn"t been much movement since then with the overall range being limited to 0.04%. Today"s jump was the largest upward movement during that time. There was some upward pressure on rates from stronger employ...Read More | ||
| VOA, Processing, DPA, Non-QM, Broker Products; Lender 2025 Volume Rankings; Attorneys and Legal Risk | ||
| 4/21/2026 10:46 AM | ||
| Wholesale and Correspondent Product and Corporate News Homebridge Financial Services, Inc., one of the nation’s largest privately held non-bank mortgage lenders, has officially signed an agreement to merge with an affiliate of Saluda Grade, a premier independent alternative investment firm (founded in 2019 with approximately $4.4 billion in asset...Read More | ||