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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| Rally Reverses, Leaving Bonds Weaker in The Afternoon | ||
| 5/14/2026 3:22 PM | ||
| Rally Reverses, Leaving Bonds Weaker in The Afternoon The day began with promise, but devolved into yet another disappointment. After being almost a quarter point higher at 10am, MBS slid to an eighth point loss by the close. 10yr yields were as low as 4.44% early but were as high as 4.48% in the final hour...Read More | ||
| Mortgage Rates Move Moderately Lower | ||
| 5/14/2026 2:20 PM | ||
| May continues to be a more volatile month than the bulk of April when it comes to day over day mortgage rate movement. While the average day has seen that volatility play out in favor of higher rates, today was thankfully the opposite. Yesterday"s latest levels left the average lender at 6 week highs with a top tier 30yr fixed rate of 6.57. ...Read More | ||
| AI MBS Trading, AI Workflows, Sub-Servicing, eNote, Asset-Based Lending Tools; Colorado Revamps AI Law | ||
| 5/14/2026 10:03 AM | ||
| How do you go about trying to run your company’s AI efforts without knowing the rules? Testing suggests Google"s AI overviews tells millions of lies per hour. Colorado rewrote its landmark AI law: “Unpacking SB 26-189 and what it means for businesses” described by Ballard Spahr. AI, recapture, and capital markets were one of the topics in yesterday...Read More | ||
| Stronger Start. Ho Hum Data | ||
| 5/14/2026 8:46 AM | ||
| A recovery toward lower oil prices paved the way for the bond market to recover yesterday morning"s weakness and the same theme continued in the overnight session. 8:30am econ data represented a modest risk of volatility, but with Jobless Claims slightly higher and Retail Sales right on target, there was almost no detectable trading response. With ...Read More | ||
| MBS Fully Recover After Initial Reaction to Inflation Data | ||
| 5/13/2026 2:38 PM | ||
| MBS Fully Recover After Initial Reaction to Inflation Data There"s no question that this morning"s PPI data hit the bond market. The volume spike was easily higher than that seen with yesterday"s CPI and the market movement left nothing to the imagination. In the big picture, a few bps of weakness in bond y...Read More | ||
| Mortgage Rates Officially at 6 Week Highs | ||
| 5/13/2026 1:58 PM | ||
| Mortgage rates rose somewhat sharply yesterday to match the highest level since March 27th. They"re just a hair higher today, thus officially at 6-week highs. Whereas yesterday"s Consumer Price Index (CPI) didn"t have an obviously negative impact on rates, today"s Producer Price Index (PPI) did. Both are big inflation reports. CPI is typical...Read More | ||
| 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 | ||