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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| Wednesday"s Gains Had More Staying Power Than Tuesday"s | ||
| 7/15/2026 2:43 PM | ||
| Wednesday"s Gains Had More Staying Power Than Tuesday"s Both Tuesday"s CPI and Wednesday"s PPI came in much lower than expected. Both resulted in fairly big bond rallies. Whereas Tuesday"s rally faded gradually after the initial pop, Wednesday"s rally continued at a moderate pace as the day progressed. The ...Read More | ||
| Mortgage Rates Fall to Lowest Levels in a Week | ||
| 7/15/2026 1:40 PM | ||
| Mortgage rates moved lower again today following another lower-than-expected reading on an inflation report. Yesterday"s Consumer Price Index (CPI) had a bigger impact on the underlying bond market, but today"s Producer Price Index (PPI) wasn"t far behind. Additionally, bonds did a better job of holding onto the improvement into the afternoon hour...Read More | ||
| Home Equity, Verification, Asset-Based Lending, MI Tools; Housing Demand Shift; Fed Balance Sheet Thoughts | ||
| 7/15/2026 10:44 AM | ||
| Certainly the cost gap between renting and owning is widening, and the press is filled with stories that our borrowers see, and MLOs should read, like, “Rent vs. Buy: Is Renting Cheaper Than Buying a Home?” or “Rent or buy? How long it takes for buying a home to pay off in each metro.” Today at 11AM PT on L1’s Mortgage Matters, Developer’s Mortgage...Read More | ||
| PPI Does Its Best CPI Impression. Bonds Like It | ||
| 7/15/2026 8:20 AM | ||
| The Producer Price Index (PPI) is not normally a huge market mover, but it has its moments of moderate impact. Today is such a moment as PPI did its best to mimic yesterday"s sharply lower CPI. There were also big revisions to previous months which brought annual PPI a full 1.0% lower from last month"s initial reading (5.5% today vs a 6.0 prev...Read More | ||
| Why Were 10yr Yields Only a Few bps Lower Today? | ||
| 7/14/2026 3:42 PM | ||
| Why Were 10yr Yields Only a Few bps Lower Today? If you missed this morning"s commentary, the gist is that inflation for June (via the CPI report) came in much lower than forecast (biggest "miss" in over a year). Given the market"s preoccupation with inflation, this logically resulted in an immediate bond r...Read More | ||
| Mortgage Rates Stage Moderate Recovery From Long-Term Highs | ||
| 7/14/2026 2:17 PM | ||
| Our daily 30yr fixed rate index hit 6.75% yesterday. This matched the high from May 19th and is the highest level since late July 29, 2025. The key contributor to the recent spike has been the uptick in fuel prices in July combined with the fact that rates never made it any lower than 6.52% over the past 2 months. In other words, we were already in...Read More | ||
| CRA, Call Report, Non-QM U/W Tools; ROAD to Housing Bill Viewed; Immigration and Credit Reminder | ||
| 7/14/2026 10:22 AM | ||
| Ever heard someone say something that was blatantly misleading? On July 16, at 2PM ET, you can race to buy one of Olive Garden’s 10,000 “Never Ending Pasta Passes.” But it does end, after 13 weeks. Yup, for $100 you can economically gain a lot of weight, since it’s in our DNA to do so. Speaking of DNA, do you really think that it is in the DNA of r...Read More | ||
| Strong Start After Sharply Lower CPI | ||
| 7/14/2026 7:56 AM | ||
| The Consumer Price Index came in FAR below expectations with a core reading of 0.0 vs 0.2 forecasts. In unrounded terms, it was -0.17%. Headline CPI was more sharply negative than expected at -0.4 vs a -0.1 forecast. Supercore (which excludes housing) was down -0.2 which is the first negative reading in over a year. Core goods also remained in nega...Read More | ||
| Mortgage Rates Near 1-Year Highs | ||
| 7/13/2026 3:12 PM | ||
| Interest rates are based on bonds. Because the bonds underlying the average mortgage are fixed rate, inflation is the enemy. Imagine you"re an investor fronting the money for a fixed-rate mortgage. You know your schedule of payments from day one. Let"s say the payment is $5 or enough to buy a dozen eggs. Now let"s say inflation raises the pr...Read More | ||
| Fraud Report, AMC, Non-QM Products, eNote News; ROAD to Housing Thoughts; Oil and Rates | ||
| 7/13/2026 10:55 AM | ||
| Recently, MISMO released its new white paper, “From Paper to Performance: How eNotes and eClosing Streamline Liquidity,” providing guidance for originators, warehouse lenders, investors, and technology providers to implement digital mortgage solutions. Today at 10AM PT is Now Next Later, presented by Relcu, where Jeremy Potter and Eric Lapin are jo...Read More | ||