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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| Pre-Market Gains Stuck Around All Day | ||
| 5/6/2026 3:15 PM | ||
| Pre-Market Gains Stuck Around All Day The entirety of the domestic trading session was very flat compared to the ground covered during the overnight session. Pre-market headlines regarding a potential peace deal accounted for a 7bp drop in 10yr yields and 3/8th point improvement in MBS. 10s gained about 1 m...Read More | ||
| Mortgage Rates Make a More Serious Recovery | ||
| 5/6/2026 2:40 PM | ||
| Mortgage rates spiked sharply on Monday, hitting the highest levels in more than a month as escalation fears ramped up surrounding the Iran war. Yesterday technically saw some recovery, but it may as well have been an "unchanged" day. Now today, we"re seeing a more legitimate recovery with the average lender back down to last Friday"s levels. The ...Read More | ||
| TBA Settlement, Non-Agency, Due Diligence, AI, Warehouse Tools; How Old is Your House? | ||
| 5/6/2026 10:47 AM | ||
| “What do you call an aging actor who has finally paid off his house? Mortgage freeman.” Servicing is a highly important component of that, and I was fortunate to attend Sagent Ignite in Phoenix yesterday; we have a special live podcast today that was recorded from the event. Mortgagees follow demographics, whether it be aging owners or aging houses...Read More | ||
| Big Overnight Recovery on Peace Deal Reports | ||
| 5/6/2026 7:49 AM | ||
| There was one, big, obvious market mover overnight. At 4:50am ET, Axios reported that the U.S. and Iran are close to signing a one page memo of understanding to end the war. Oil and bond yields were already in recovery mode, but this kicked things into higher gear. Most of the gains remain even after both sides offered refutations (which the market...Read More | ||
| Data Didn"t Hurt, But Bonds Underperformed The Oil Price Recovery | ||
| 5/5/2026 2:20 PM | ||
| Data Didn"t Hurt, But Bonds Underperformed The Oil Price Recovery Today"s headline is somewhat misleading. It points out the fact that oil prices made it back to yesterday"s lows whereas bond yields didn"t even come close. This is all true, assuming we"re looking at front month oil prices. But if we use a l...Read More | ||
| Mortgage Rates Edge Just Barely Lower | ||
| 5/5/2026 1:43 PM | ||
| One popular refrain in the mortgage industry is that rates take the escalator on the way up and the stairs on the way down. Yesterday was definitely an "escalator" sort of day with the average lender moving up 0.12% for a top-tier 30yr fixed rate. Based on improvement in the bond market, rates are lower today, but just barely. It"s not so much tha...Read More | ||
| Ginnie Guide, Borrower Marketing, e-Note Products; AI Webcast; Advocacy Week Approaching | ||
| 5/5/2026 10:20 AM | ||
| Broker and Correspondent Products NFTYDoor, an end-to-end digital HELOC platform, is now operating as a fully independent company, enabling direct partnerships with wholesale brokers and private label correspondents. Brokers are already active on the new structure, submitting applications and closing loans today with no waiting period supported b...Read More | ||
| Modest Recovery Ahead of Econ Data | ||
| 5/5/2026 8:37 AM | ||
| After hitting the highest yields in more than a month yesterday, bonds have managed to pick up a few bps. The bulk of the recovery was already in place by yesterday"s close, but yields dropped another 2bps after war-related headlines just after 8am (US general said Iran"s attacks yesterday were below the threshold for war). Oil prices and bond yiel...Read More | ||
| Markets Hit by Glut of Escalation Headlines | ||
| 5/4/2026 3:08 PM | ||
| Markets Hit by Glut of Escalation Headlines Monday"s trading session ended up being as simple as it was unpleasant. Bonds lost ground somewhat sharply as war-related headlines kept adding up to additional escalation. Highlights include overnight reports of Iran hitting a U.S. warship with missiles, multiple...Read More | ||
| Highest Rates in More Than a Month | ||
| 5/4/2026 2:19 PM | ||
| Top-tier 30-year fixed rates are back above 6.5% today for the first time in more than a month for the average lender. Many lenders raised rates during the course of the day as well. Those who didn"t will likely have to raise rates tomorrow unless the underlying bond market makes a significant recovery overnight. Rates are driven by bonds an...Read More | ||