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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| No Whammies in Wednesday"s Data. JOLTS Rescheduled for Thursday | ||
| 2/4/2026 2:57 PM | ||
| No Whammies in Wednesday"s Data. JOLTS Rescheduled for Thursday With the big jobs report on hold until next Wednesday, this morning"s ADP/ISM duo had to do most of the week"s heavy lifting in terms of important econ data. The response was underwhelming, at best. ADP was a complete non-event, but also fairly...Read More | ||
| Mortgage Rates Hold Perfectly Steady at 2-Week Highs | ||
| 2/4/2026 1:58 PM | ||
| The average top tier 30yr fixed mortgage rate hit its highest levels in 2 weeks yesterday. The caveat was that the range has been very narrow during these 2 weeks. As such, by remaining unchanged versus yesterday, today"s rates are part of the same narrow range (6.15-6.20% for MND"s index). There were two relevant economic reports this morning as ...Read More | ||
| Blockchain, NOO HELOC, RON Tools; Better.com CEO"s Thoughts; IMB Conference Observations; CFPB Update | ||
| 2/4/2026 10:45 AM | ||
| Products, Services, and Software for Brokers and Lenders Can AI help you spot the lending bias you can’t see? In his CEO Magazine Podcast interview, Optimal Blue CEO Joe Tyrrell shares the company’s platform-wide AI strategy to help reduce human bias in lending decisions. Instead of replacing lending teams, AI at Optimal Blue is built as a suite ...Read More | ||
| Waiting on ISM Services as Early Data Fails to Inspire | ||
| 2/4/2026 8:01 AM | ||
| Today"s two key reports are ADP Employment (8:15am ET) and ISM Services (10am ET). The former came out a bit softer than expected, but bonds didn"t react. 15 minutes later, Treasury released financing estimates for the quarter. These were as-expected and unchanged from the previous quarter, but Treasury noted that issuance would likely ...Read More | ||
| Mostly Sideways. Volatility Elsewhere | ||
| 2/3/2026 2:48 PM | ||
| Mostly Sideways. Volatility Elsewhere The legend of the bond market"s extreme apathy is increasingly making the rounds in financial circles. Bond issuance, inflation, and economic strength are not seen surging enough to put huge upward pressure on longer-term rates. And without a big downturn in 2 of those ...Read More | ||
| Mortgage Rates Drift Up to 2-Week Highs | ||
| 2/3/2026 2:23 PM | ||
| The bad news: mortgage rates moved up to their highest levels in 2 weeks today. The good news: the rate range has been very narrow during that time, so there"s not too much of a difference between 2-week highs (6.20%) and lows (6.15%). Today"s move wasn"t a product of anything that happened today. Rather, the culprit was the focal poi...Read More | ||
| Customer Intelligence, HELOC, Uplist"s Recapture, Construction Products; Rates Are Driven by Markets; IMB Hallway Report | ||
| 2/3/2026 10:08 AM | ||
| Regarding rate movement, the bond market often does the Fed’s job for it, and so whatever the Fed’s Open Market Committee actually does is almost an afterthought. The partial U.S. Government shutdown is hurting economic activity, and companies like Newrez are posting and how the shutdown is impacting lending. The FHA Office of Single Family Housing...Read More | ||
| Data-Free Day Thanks to Shutdown | ||
| 2/3/2026 9:38 AM | ||
| While not as disruptive or publicized as the most recent example, there"s a partial government shutdown underway. Even if the House passes the funding legislation today, the Bureau of Labor Statistics (BLS) has already said they will not be publishing either of this week"s key reports (JOLTS, which would have been today, and Friday"s jobs report). ...Read More | ||
| Data-Driven Sell-Off Dominates The Day. No Jobs Report on Friday | ||
| 2/2/2026 3:14 PM | ||
| Data-Driven Sell-Off Dominates The Day. No Jobs Report on Friday Very little changed after this morning"s commentary. At the time, we were watching bonds sell-off somewhat sharply in response to an exceptionally strong ISM Manufacturing report. As is often the case with data-driven selling sprees, the worst...Read More | ||
| Mortgage Rates Only Modestly Higher Despite Bond Market Weakness | ||
| 2/2/2026 2:35 PM | ||
| Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the manufacturing sector was much stronger than expected. Bonds lost ground as a result and mortgage lenders were forced to set rates higher than Friday"s latest levels. But the caveat is that the average lender was only marginally h...Read More | ||