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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| Mortgage Rates Started Much Higher But Almost Fully Recovered | ||
| 10/7/2026 2:50 PM | ||
| It was an exciting day for mortgage rates, and while we technically ended up slightly higher, it could have been much worse. In fact, it WAS much worse earlier in the day, but only for about 30 minutes. Our daily rate index can be updated throughout the day if mortgage lenders change their rates in sufficient numbers. If we reported only the...Read More | ||
| Sales Performance, Compliance, Borrower Satisfaction Tools; Brian V. on Industry Noise | ||
| 10/7/2026 10:51 AM | ||
| Lender and Broker Products, Services, and Software “Chicagoans have one unbreakable rule: no ketchup on a hot dog. Mortgage lenders should have one too: no questions that don"t belong on the application. Floify brings that same discipline to MBA Annual in Chicago, October 11–14 at the Hyatt Regency, where the industry celebrates homeownership and...Read More | ||
| No Surprise: It Was a Trap | ||
| 10/7/2026 9:07 AM | ||
| If there"s been a safe bet to make on isolated rally days over the past 2 months, it"s that they"ll be soon followed by a return to the prevailing trend toward higher rates. Today fills that role with gusto. We hate gusto--this kind anyway. Unfortunately, this kind of gusto is all we have, and there"s no convenient, singular explanation even though...Read More | ||
| 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 | ||