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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| Still a Resilient Day Despite Afternoon Weakness | ||
| 9/3/2026 3:24 PM | ||
| Still a Resilient Day Despite Afternoon Weakness The day"s most notable development, by far, was the speech from Fed Governor Waller in which he said the Fed probably didn"t need to hike at the upcoming meeting (depending on data, of course). Fed Funds Futures reacted immediately and mostly held those gains...Read More | ||
| Mortgage Rates Drop to Week"s Best Levels | ||
| 9/3/2026 2:59 PM | ||
| Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn"t be necessary to hike rates at the next meeting unless inflation data surprises to the upside. Before tha...Read More | ||
| Hedging, Verification, POS, Data Mining Tools; Rocket Mortgage and RESPA; MISMO Motors On | ||
| 9/3/2026 10:04 AM | ||
| Broker and Lender Products, Software, and Services As AI becomes embedded across the mortgage lifecycle, lenders are rethinking how they use data to drive decisions and automate workflows. They aren’t looking for more reports. They want solutions that help them detect signals, whether it"s a change in borrower status, a counterparty risk flag, or...Read More | ||
| Some Signs of Resilience | ||
| 9/3/2026 8:56 AM | ||
| There were two separate positive developments for bonds this morning. The most obvious and actionable example was series of comments from Fed"s Waller in which he basically said he wasn"t interested in hiking rates right now unless inflation data surprised to the downside. Fed funds futures and bonds reacted instantly with 10yr yields ultimately dr...Read More | ||
| Relatively Drama-Free Day | ||
| 9/2/2026 4:01 PM | ||
| Relatively Drama-Free Day These things happen from time to time. The bond market finally had an uneventful day... sorta. This may seem like a fairly odd claim for any day where yields hit the highest levels in well over a year but those were intraday highs, and they weren"t much higher than yesterday"s high...Read More | ||
| Mortgage Rates Approaching 7% | ||
| 9/2/2026 2:08 PM | ||
| First things first: when we reference average, daily, top-tier 30yr fixed rates, it is for an ideal scenario that rarely exists in the wild. The average scenario will always involve slightly higher effective rates (i.e. even if the rate is the same as national averages, it would involve additional upfront costs). As a reminder, our daily rate inde...Read More | ||
| HELOC, TPO, API, Non-Agency Products; Webcasts; Why Rates Are Where They Are: We"re Not Alone | ||
| 9/2/2026 10:25 AM | ||
| I’ve been in capital markets for over 40 years, and this rate and affordability environment is tough. Any lender who finds these higher rates boring, well, don’t hold your breath waiting for them to come down.) Principal, interest, taxes, and insurance (PITA) is only part of the affordability equation, but market forces determine long term rates, n...Read More | ||
| No News is Good News | ||
| 9/2/2026 9:32 AM | ||
| Bonds were initially a hair weaker overnight but reversed course starting around 7am ET as oil prices fell. On the other hand, oil had already begun moving lower earlier in the overnight session without a proportional response in bonds. In other words, there was some extra oomph behind the 7am move. This could be as simple as different traders...Read More | ||
| More War. More Selling | ||
| 9/1/2026 3:50 PM | ||
| More War. More Selling Tuesday was as straightforward as it was unpleasant for the bond market. Mid-day news regarding new air strikes in Iran caused an immediate reaction in oil prices. This was more than enough to reverse the rally that followed this morning"s 10am ET economic data. Oil prices hit the hig...Read More | ||
| Mortgage Rates Pushing New Long-Term Highs | ||
| 9/1/2026 3:02 PM | ||
| Fighting intensified today between the U.S. and Iran. Oil prices moved higher fairly quickly and bond yields followed. This has been a common pattern during the Iran war as higher oil prices imply higher inflation which, in turn, implies higher yields/rates. Yesterday"s average top-tier 30yr fixed rate hit the highest levels since June 2025. Today...Read More | ||