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.
|
|||||||||||||||||
|
||
| Today Was "Nice" For Bonds | ||
| 10/6/2026 3:02 PM | ||
| Today Was "Nice" For Bonds Bonds bucked their prevailing trend and managed to move slightly lower in yield today. Unlike yesterday"s session which had no clear correlation with underlying events, today"s move traced a drop in oil prices fairly clearly. Some analysts thought that an improvement in French gov...Read More | ||
| Mortgage Rates Near 1-Week Lows | ||
| 10/6/2026 2:40 PM | ||
| Mortgage rates actually fell today--something they"ve done only 7 times since August 25th. While the outright levels remain near the highest since 2003, they"re near the lowest in just over a week with top-tier 30yr fixed rates down to 7.56% for the average lender. What gives? Is this a sign that recent upward momentum is starting to wane? It"s to...Read More | ||
| Polly Enters Hedging, Digital Lending, LO Exploration, Servicing, Correspondent Products; Penny and VantageScore | ||
| 10/6/2026 10:24 AM | ||
| I like to say that I am one good Lottery Scratcher away from ditching this daily Commentary gig and starting something new. All kidding aside, where should we start today? With the rumored FICO layoffs yesterday afternoon? Iowa, Michigan, and the Carolinas all having conferences now? Pennymac is now live with VantageScore 4.0 across all three produ...Read More | ||
| Overnight Adaptive Cruise, Following Oil | ||
| 10/6/2026 9:00 AM | ||
| If rate movement were a car, it"s been driving pretty recklessly recently, and definitely not keeping good pace with other motorists. But every now and then, we see a break in the craziness. The overnight trading session provided an example. The bond car set its adaptive cruise control to follow the car in front of it (oil prices, in today"s case)....Read More | ||
| What Will it Take For Bonds to Recover? | ||
| 10/5/2026 3:41 PM | ||
| What Will it Take For Bonds to Recover? Another day, another sell-off without any satisfying explanations. To be fair, you could say bonds just traded the curve today with anything 3yrs or shorter rallying at the expense of the longer end of the curve. But for the mortgage market, <3yrs is too short-term...Read More | ||
| Mortgage Rates Inch Up to Another Recent High | ||
| 10/5/2026 3:18 PM | ||
| The good news is that today"s average top-tier 30yr fixed rate ended only 0.01% higher than last week"s high (7.61 vs 7.60). If you are only interested in good news, have a great rest of your Monday and you"re free to go. The rest of the news isn"t terrible, but we we can"t classify it as "good." Bonds lost ground today and, as has been the case o...Read More | ||
| AI, Title Waiver, Real Estate Auction, QC, eNote Tools; Financial Literacy Study; MBS Issuance | ||
| 10/5/2026 10:25 AM | ||
| Today brings us the MBA of the Carolinas conference, where demographics, technology, and “building a team” are on the agenda. Here at the Michigan Mortgage Lender’s Association conference in Ypsilanti, tech is certainly “on the serving platter” in the sessions, but so is how originators should best use what they have to their advantage, which inclu...Read More | ||
| Weaker Start. No New Reasons | ||
| 10/5/2026 9:46 AM | ||
| Another week begins with the frustrating reality of the bond market selling just because there"s no reason to buy. To be fair, 2yr yields are unchanged, but longer-dated yields are several bps higher than Friday afternoon. All this despite oil prices being lower and econ data being in line with expectations. At this point, anyone offering rationale...Read More | ||
| Why Bonds Sold Off Despite Weaker Jobs Report | ||
| 10/2/2026 3:42 PM | ||
| Why Bonds Sold Off Despite Weaker Jobs Report First off, read the AM commentary if you haven"t already. This recap doesn"t add much to that (but the video adds a lot). Bottom line, NFP was weaker, but that was the worst of the news. The unrounded unemployment rate barely budged and it would have moved LOWER...Read More | ||
| Higher Rates Sapped Mortgage Demand, Surprising No One | ||
| 10/2/2026 3:09 PM | ||
| Mortgage demand shocked no one by declining last week as mortgage rates climbed to their highest level in nearly three years. The Mortgage Bankers Association (MBA) reported a 6% drop in total mortgage application volume for the week ending September 25. Both sides of the market moved lower, with the seasonally adjusted Purchase Index falling 4...Read More | ||