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.
|
|||||||||||||||||
|
||
| Moderate Weakness. No New Reasons | ||
| 11/13/2026 3:35 PM | ||
| Moderate Weakness. No New Reasons Bonds lost ground on Friday, but not for any new, overt reasons. At times, weakness coincided with higher oil prices, but we don"t love that explanation considering oil was higher on Monday when yields were substantially lower. PPI data is also not a compelling market mover...Read More | ||
| Mortgage Rates Have Given Back Almost All of October"s Gains | ||
| 11/13/2026 2:20 PM | ||
| In 3 short days, the average top tier 30yr fixed mortgage rate has risen 0.32% to 7.50%, erasing a vast majority of the improvement seen over the past 5 weeks. Today"s increase wasn"t nearly as sharp as each of the previous 2 days, but it wasn"t small either. Notably, rates went higher today even though the underlying bond market held reasonably s...Read More | ||
| Existing-Home Sales Sink to Lowest Level Since 2010 | ||
| 11/13/2026 1:55 PM | ||
| Existing-home sales had another rough month, and just hit their lowest level since August 2010. Mortgage rates are largely to blame. The National Association of REALTORS® (NAR) reported a 5.5% monthly decline and an 8.8% year-over-year decline , bringing the seasonally adjusted annual sales rate to just 3.75 million . Chief Economist Lawrence ...Read More | ||
| Decent Bounce in Mortgage Demand Thanks to Last Week"s Lower Rates | ||
| 11/13/2026 1:47 PM | ||
| Mortgage applications bounced back in the latest week, with both purchase and refinance activity moving higher. The Mortgage Bankers Association (MBA) reported a 6.2% increase in total application volume for the week ending November 6, 2026. NOTE: That Nov 6th date is important as it marked the bottom of the range for interest rates after a nice...Read More | ||
| AI Governance, Fulfillment, DPA, Reverse Products; Fed Policy Updates; Webinars Focused on the Primary Market | ||
| 11/13/2026 10:33 AM | ||
| Seen on a fortune cookie: Your destiny is to spend hours proving you are not robots on websites run by robots, just to read articles written by robots.” Is Big Tech reminiscent of Big Tobacco? Chrisman LLC had a backup system to replace Outlook being down… Meanwhile United Is restricting AI Agents from booking flights. Next week I head to St. Louis...Read More | ||
| Nearly Unchanged After As-Expected PPI | ||
| 11/13/2026 9:18 AM | ||
| This morning"s Producer Price Index (PPI) came out as expected. The components that impact core PCE were also uneventful. Stocks and bonds initially rallied but the gains were erased in less than 20 minutes. Higher oil prices coincided with the bounce toward higher yields, but the longer-term correlation remains weak enough that we wouldn"t read to...Read More | ||
| Why Did Bonds Sell Off So Sharply Today? | ||
| 11/12/2026 3:09 PM | ||
| Why Did Bonds Sell Off So Sharply Today? Bonds sold off fairly sharply today and the motivations transcended today"s menu of market moving events. If we wanted to focus only that menu, it"s main selections included Trump comments on the U.S. not needing a deal with Iran, a stronger showing in stocks, NVDA d...Read More | ||
| Mortgage Rates Definitely Aren"t Lower This Week! | ||
| 11/12/2026 2:17 PM | ||
| Thursdays are frequently "fun" in the world of mortgage rate reporting because that"s when Freddie Mac releases its weekly rate survey. Despite updating its methodology several years ago, Freddie"s survey still relies on rate quotes entered by humans and it is still an average of the 5 business days ending on the Wednesday of any given week. ...Read More | ||
| Non-QM, AI Governance, Industry Intel Tools; Corporate Shifts; Demo Day Approaches | ||
| 11/12/2026 10:26 AM | ||
| “What is the most common question Finnish detectives ask suspects? ‘What were you doing the night between November and May?’” There will be less daylight in the Northern Hemisphere until the Winter Solstice on December 21st, with lots of weather, and mortgage news, between now and then. Old mortgage vets recall the end of November as traditionally ...Read More | ||
| Back and Forth on Oil and NVDA | ||
| 11/12/2026 8:43 AM | ||
| Bonds began the overnight session in roughly unchanged territory and were mostly sideways until just after 8am when Trump said "we don"t need a deal with Iran." Oil prices and bond yields spiked in response. There was a modest recovery in response to NVDA announcing Huang resigning as CEO but now more selling pressure as the NASDAQ recovers at the ...Read More | ||