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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| No, The Fed Didn"t Hike Mortgage Rates Today | ||
| 9/16/2026 5:11 PM | ||
| Mortgage rates are definitely higher today--the highest since January 13th, 2025. Today"s Fed announcement had something to do with that. But while the Fed hiked the Fed Funds Rate, that had NOTHING to do with mortgage rates moving higher this afternoon. In fact, this is very easy see on a chart of bond market movement. We can use 10yr Treasuries ...Read More | ||
| Huge Volatility After Fed, But The Coming Days Will Tell The Story | ||
| 9/16/2026 5:08 PM | ||
| Huge Volatility After Fed, But The Coming Days Will Tell The Story Bonds ended the day only modestly worse off than yesterday afternoon. That"s a pretty impressive accomplishment considering the Fed hiked rates and communicated at least one more rate hike in 2026. Nearly half the FOMC sees at least 2 more h...Read More | ||
| Here"s What Changed in The New Fed Announcement | ||
| 9/16/2026 1:00 PM | ||
| The Federal Open Market Committee approved the following statement for release by a 9 12 – 3 0 vote: The Committee decided to maintain raise the target range for the federal funds rate at 3-1/2 by 1/4 percentage point to 3-3/4 to 4 percent, in support of the Federal Reserve"s dual mandate. The Committee is continuing its policy of ...Read More | ||
| Hedging, Jumbo, Processing Tools; FEMA and Disaster Updates; Richey May Sold | ||
| 9/16/2026 10:49 AM | ||
| A while back I was watching the news on TV, and they were interviewing a couple whose home was threatened by a tornado, but who didn’t leave. “God will protect us,” they told the reporter as the wind picked up. Who did they think sent the tornado in the first place? Lenders and servicers know that “tornado alley” has shifted, and with it the geogra...Read More | ||
| An Uncommonly Interesting Fed Day | ||
| 9/16/2026 9:24 AM | ||
| There are perhaps no other Fed announcements in recent memory worthy of more anticipation than the one we"ll get today. While some of the recent data could be used to argue patience, far more data suggests a hike. The market agrees based on recent moves in yields and Fed Funds Futures. The question remains as to whether Warsh has a firm conviction ...Read More | ||
| Some Signs of Resilience But It"s Still Anyone"s Game | ||
| 9/15/2026 3:32 PM | ||
| Some Signs of Resilience But It"s Still Anyone"s Game After several consecutive business days of abject unpleasantness in the bond/mortgage market, Tuesday finally offered a modest consolation. During domestic trading hours, every attempt to push 10yr yields over 5% was met with a supportive bounce--presuma...Read More | ||
| Mortgage Rates Higher Again Ahead of Fed | ||
| 9/15/2026 2:54 PM | ||
| Mortgage rates moved higher for the 6th day in a row on Tuesday and to the highest levels since January, 2025. The average top-tier 30yr fixed rate is up to 7.22% and the most prevalently-quoted top-tier rate is 7.25%. Over the past 6 days, the average is up 0.33%, which is is the most abrupt jump since October 2024. At least some of the recent vo...Read More | ||
| Verification, Cash Flow Analysis, Credit Reporting, Climate Data Tools; Webcasts | ||
| 9/15/2026 10:18 AM | ||
| Today we’re in Dallas for the Loan Vision Innovation Conference 2026, and LV recently rolled out its AI accounting software Luna. The CEOs, CFOs, and Controllers here are focused on measuring, analyzing, and interpreting data, including volume. MCT"s September Indices Report reflects a total lock volume decline month over month in August, with purc...Read More | ||
| 5% Yields Bringing Value Buyers? | ||
| 9/15/2026 9:57 AM | ||
| With no meaningful econ data on tap today and no high stakes events, bonds are left to watch news headlines and attend to last-minute positioning goals before tomorrow"s Fed announcement. There"s a bit more of a disconnect between oil prices and bond yields than normal today. Earlier in the overnight session, yields actually led the way higher. In ...Read More | ||
| Decent Mid-Day Recovery But No Change to Bigger Picture | ||
| 9/14/2026 2:52 PM | ||
| Decent Mid-Day Recovery But No Change to Bigger Picture Monday wasn"t too different from last Friday in that the bond market began the day with AM volatility that gave way to minimally changed yields by the close. The order was reversed, however, with the weaker trading in the AM and rally back to unchanged...Read More | ||