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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| AI, CRM, Verification, DSCR, HELOC Products; Gov"t Programs; Rates and Inflation, Borrower Psychology | ||
| 5/13/2026 9:55 AM | ||
| The April FOMC Meeting concluded with the Fed leaving interest rates unchanged, and it was the last under Jerome Powell"s chairmanship. Chair Powell is the first Fed Chairman to step down and remain on the Board since 1948 due to a) the Federal investigation regarding the cost of renovating the Fed"s Headquarters, and b) he probably wants to have a...Read More | ||
| PPI Hit Even Harder Than CPI, But Damage is Minimal | ||
| 5/13/2026 9:21 AM | ||
| The Producer Price Index (PPI) is much more volatile and, on average, much less of a market mover than the Consumer Price Index (CPI), but occasionally, it swings for the fences. Today"s release is a clear example with the monthly headline coming in at 1.5 vs 0.5 forecast. In annual terms, headline inflation is a whopping 6.0% versus a 4.9% forecas...Read More | ||
| Highest Yields in 10 Months on War Headlines and Auction Concessions | ||
| 5/12/2026 3:06 PM | ||
| Highest Yields in 10 Months on War Headlines and Auction Concessions Because CPI came out slightly higher today and because of its status as a bigger potential market mover, many rate watchers will assume that"s the reason 10yr yields closed at their highest level since last July. But bond yields were actua...Read More | ||
| Mortgage Rates Match Highest Level Since March | ||
| 5/12/2026 2:28 PM | ||
| When the Iran war was in its initial escalation phase, the initial surge in markets took the top-tier 30yr fixed rate to 6.64% for the average lender by March 27th. Rates moved more than 0.30% lower by mid April as peace prospect improved. The third phase of rate movement began in late April and has generally involved a jump back up toward 6...Read More | ||
| Best Ex, Equity, Servicing, AI, Valuation Tools; Job Market"s Mixed Signals; Purchase Market Dragging? | ||
| 5/12/2026 9:52 AM | ||
| If you’re hoping that the summer is going to bring a trend of purchase market prosperity, I hope you’re right but there are indications otherwise. Rocket Companies’ CEO reported its highest profit in four years, but CEO Varun Krishna told investors that the company’s real-time data shows the spring homebuying season is not delivering the volume inc...Read More | ||
| Slightly Hotter CPI No Problem For Bonds | ||
| 5/12/2026 8:29 AM | ||
| This morning"s Consumer Price Index (CPI) came in slightly hotter than expected with core inflation running 2.8% annual vs 2.7% forecasts and overall inflation at 3.8% vs 3.7%. Bonds have traded both ways after the data, but after 20 minutes, yields were actually LOWER by a hair. What gives? We know traders are trading the data based on volume. The...Read More | ||
| Over Before it Began | ||
| 5/11/2026 2:50 PM | ||
| Over Before it Began Monday proved to be a boring trading day despite the moderately big sell-off. Yields actually didn"t move much during the domestic session. In fact, they didn"t move during the overnight session either. Because the day"s market-moving news happened on Sunday before trading began, it was...Read More | ||
| Mortgage Rates Rising to Start New Week | ||
| 5/11/2026 2:30 PM | ||
| Last week was decidedly stronger for mortgage rates as they either held steady or moved lower on 5 out of 5 days. All told, it was a 0.14% drop from the previous week in terms of the average top-tier 30yr fixed rate. The new week is starting out in opposite fashion with rates moving up 0.07% today alone. This follows news over the weekend th...Read More | ||
| Weaker Start After Peace Deal Stalls | ||
| 5/11/2026 10:28 AM | ||
| Bonds are starting the day moderately weaker. The reasons are straightforward. Chief among them, Trump rejected Iran"s counterproposal to end the war, calling it "totally unacceptable." In response, Iran"s foreign minister said it will never bow to foreign pressure. Adding fuel to the fire, Netanyahu said the war was not over and there was "more wo...Read More | ||
| Calm and Slightly Stronger, But Volatility Will be Back | ||
| 5/8/2026 2:34 PM | ||
| Calm and Slightly Stronger, But Volatility Will be Back Once or twice per week, the bond market manages to post a fairly calm trading day against the prevailing backdrop of generally higher volatility. Today was such a day. The most helpful catalyst was an absence of any major war-related headlines and asso...Read More | ||