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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| Slightly Weaker, But Much Stronger on The Week | ||
| 10/23/2026 2:53 PM | ||
| Slightly Weaker, But Much Stronger on The Week Friday was calm and sideways in the bigger picture. Sure, a 4+ bp increase in 10yr yields and an MBS decline of just over an eighth of a point might sound somewhat unpleasant on the average day, but considering we saw 4 times as much movement in the other, frie...Read More | ||
| Modest Uptick in Rates But Still Near 1-Month Lows | ||
| 10/23/2026 2:02 PM | ||
| Yesterday was an exciting day for rates with the lowest levels since September 23rd and a fairly brisk decline versus the previous day. Today? Fairly boring by comparison. Rates were technically a hair higher, which isn"t too surprising given the prevailing motivations in the tech sector. Yesterday"s rate rally coincided with heavy selling i...Read More | ||
| Mortgage Applications Aren"t Ready to Rebound Just Yet | ||
| 10/23/2026 1:56 PM | ||
| Mortgage applications continued to decline even as mortgage rates finally moved lower. The Mortgage Bankers Association (MBA) reported a 5.3% drop in total application volume for the week ending October 16, despite the first weekly decline in mortgage rates in more than two months. The average 30-year fixed mortgage rate fell to 7.41% from 7.5...Read More | ||
| Building Permits Hold Steady Despite Slide in Housing Starts | ||
| 10/23/2026 1:50 PM | ||
| Residential construction failed to find even footing in September, with housing starts declining and single-family building permits pulling back, while total permits held nearly steady and completions edged higher. This week"s Census Bureau data highlights weakness in new construction, particularly on the single-family side, while starts and comple...Read More | ||
| Builder Confidence Hits Lowest Level Since 2012 | ||
| 10/23/2026 1:46 PM | ||
| The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) dropped three points to 29 in October--its lowest level in 14 years. As per usual, higher mortgage rates, rising costs, and worsening labor and lot conditions were the driving factors. All three component indices declined, with prospective buyer traff...Read More | ||
| Company Valuation, Equity, Friction Audit, Vendor Mgt., Borrower Communication Tools; Capital Markets | ||
| 10/23/2026 10:46 AM | ||
| Lender and Broker Products, Services, and Software The ability to move swiftly and confidently through the origination and underwriting process matters more than ever. That’s why Plaid is empowering mortgage bankers to close faster, with more certainty. With Plaid, you can instantly verify an applicant’s assets, income, and employment, all straig...Read More | ||
| Et Tu, S&P PMI? | ||
| 10/23/2026 8:16 AM | ||
| Little has changed between yesterday"s close and this morning"s early trading. 10yr yields are still several bps under 5%. MBS are still effectively at the highest levels in a month. Tech isn"t happy, with futures hugging yesterday"s lows ahead of the open. One difference, however, is that we"ll get a piece of economic data this morning that ...Read More | ||
| Tech Tanks and Bonds Pick Up The Slack | ||
| 10/22/2026 3:48 PM | ||
| Tech Tanks and Bonds Pick Up The Slack What began with focus on funding concerns for Coreweave (and, to a lesser degree, a very small handful of other companies) is spreading to bigger tech names today. Mix and match your favorite combo of disappointing earnings, underwhelming guidance, or cautionary tales ...Read More | ||
| Another Nice Drop For Rates, Now Near 1-Month Lows | ||
| 10/22/2026 2:50 PM | ||
| Interest rates continue taking cues from the market rethinking the pace of AI-related growth/spending. Last week"s focus was on Coreweave and a few other companies who saw their cost of financing rapidly increase--a sign that investors were starting to worry about future return of capital. One remedy for such worries is to shift money into the safe...Read More | ||
| LO Performance, AI Governance, ARM, Non-QM Execution, U/W Tools; In-Person Events Into 2027 | ||
| 10/22/2026 10:02 AM | ||
| Lender and Broker Products, Services, and Software “Ready to get ahead of what’s next in mortgage technology? Join us for the client-exclusive Optimal Blue Summit 2027, taking place Feb. 1 – 3, 2027, at the JW Marriott Desert Ridge Resort & Spa in Scottsdale, Arizona, for hands-on training, insightful breakout sessions, product demonstrations...Read More | ||