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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| Prudent AI"s Income, Correspondent, LOS Tools; The Fed"s Bank Mortgage Proposal; STRATMOR on LOs; Elliot Eisenberg Interview | ||
| 2/19/2026 10:45 AM | ||
| It’s hard to believe that the COVID pandemic was six years ago with its increase in deaths. For our biz, we switched to “work from home,” among other changes. Along those lines, I received this note: “Rob, are you hearing about a concern among lenders about the liquidity of the non-QM sector? As in a repeat of March 2020 when many non-QM lenders su...Read More | ||
| Accidental Clairvoyance (Not Really...) | ||
| 2/19/2026 7:53 AM | ||
| Yesterday"s end-of-day recap bore the title "Half-Hearted Correction Continues." It turns out that should have been the title for this morning"s commentary as it"s a better description of this morning"s trading (yesterday, we actually had a few fundamentals to justify the weakness). In today"s case, bonds are weaker "just because." Jobless Claims d...Read More | ||
| Half-Hearted Correction Continues | ||
| 2/18/2026 3:22 PM | ||
| Half-Hearted Correction Continues Don"t call it a correction. Yields may have rallied 30bps in just over a week and apparently bounced almost perfectly at 4% (10yr), but they haven"t exactly done much over the past 2 days. It"s just as fair to say things are "sideways and waiting for guidance," but th...Read More | ||
| Residential Construction Finds Footing in December | ||
| 2/18/2026 3:13 PM | ||
| What goes down must come up? Definitely not always the case, but true this time for residential construction numbers. The Census Bureau’s latest report showed a rebound in December, with both housing starts and building permits moving higher after softer readings in prior months. Privately owned housing starts rose 6.2% to a seasonally adjusted ...Read More | ||
| Higher Refi Demand Buoys Mortgage Apps as Rates Hit Lows | ||
| 2/18/2026 3:00 PM | ||
| Mortgage application activity picked up last week with the Mortgage Bankers Association (MBA) reporting an increase of 2.8% on a seasonally adjusted basis for the week ending February 13. Refi applications were in the driver"s seat, and although it was hardly a "jump", the Refinance Index did increase 7% from the previous week and was 132% h...Read More | ||
| Builder Confidence Remains Subdued | ||
| 2/18/2026 2:47 PM | ||
| Builder confidence fell for the second straight month in February according to the National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI). Affordability pressures and elevated construction costs continued to hamper already gloomy sentiment. While the move was modest in outright terms (just one point lower than before),...Read More | ||
| Mortgage Rates Tick Microscopically Higher | ||
| 2/18/2026 2:11 PM | ||
| Mortgage rates at the average lender moved up by 0.01% today--the smallest increment measured by the MND daily rate index. This means that most borrowers won"t see a meaningful different in today"s rates vs yesterday"s. That"s welcome news considering yesterday"s rates were tied for the second best day in more than 3 years. In the bigger picture, ...Read More | ||
| LO Centered Marketing, Credit Score Products; Company-Sponsored Events; Faith Schwartz Interview | ||
| 2/18/2026 10:44 AM | ||
| On today’s Mortgage Matters live interview (at 1PM ET; feel free to ask questions) Faith Schwartz, who has an incredible pedigree, draws upon her decades of housing finance and policy experience to discuss crisis leadership lessons, regulatory evolution, and what today’s lenders should be watching as the market recalibrates. One topic could very we...Read More | ||
| Key Technical Level, But Does it Matter? | ||
| 2/18/2026 10:06 AM | ||
| Any time the 10yr Treasury yield approaches--but fails to break--a number ending in .50 or .00, the analytical community is guaranteed to be discussing the technical significance of those levels. In the big picture, technical bounces can be anywhere remotely close to the big round numbers. As such, we are arguably once again seeing resistance at 4....Read More | ||
| Calm Start Even if Modestly Weaker | ||
| 2/17/2026 3:27 PM | ||
| Calm Start Even if Modestly Weaker The day before and/or after a 3-day weekend is more volatile than the average weekend-adjacent trading day. Last Friday fit that bill but today could have been mistaken for a summertime Monday (despite being a wintertime Tuesday). There were no significant reports and the ...Read More | ||