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.
|
|||||||||||||||||
|
||
| Mortgage Rates Move Back Down Despite Stronger Data | ||
| 3/4/2026 2:31 PM | ||
| Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends to push rates higher and vice versa. But in today"s case, that correlation didn"t pan out. The first of today"s two important economic reports was ADP Employment. It was just barely stronger than exp...Read More | ||
| AOT Execution, CRM, Advisory, Virtual Economist, Non-QM Tools; Redwood"s First Non-QM Deal | ||
| 3/4/2026 10:09 AM | ||
| Credit is certainly a topic as of late, both its process and its cost, but I received this note from an industry vet in the South. “Rob, I’m tired of lenders having ‘a come apart’ over FICO’s costs. No one talks about the fact that FICO held its prices steady for over 20 years, and the 1400 percent price increase came from a base of 69 cents. I don...Read More | ||
| Calmer Start. Uneventful ADP. Waiting on ISM | ||
| 3/4/2026 7:41 AM | ||
| After 2 days of much higher volatility at the open, bonds are roughly unchanged so far this morning and the overnight session was noticeably calmer. Today"s big ticket data includes ADP Employment and ISM Services. The former is already out (63k vs 50k, with a negative revision about the same size as the beat) and not moving markets. With that...Read More | ||
| Bonds Erase Most of The AM Losses | ||
| 3/3/2026 3:36 PM | ||
| Bonds Erase Most of The AM Losses The bond market was visibly pulled in two directions on Tuesday. This played out in phases, with AM weakness followed by a gradual recovery. But it can also be assumed to be playing out at any given moment as bonds listen to the voices arguing in their own mind. One voice s...Read More | ||
| Mortgage Rates Recover Moderately After Starting at 3-Week Highs | ||
| 3/3/2026 2:21 PM | ||
| After spending the entirety of last week calmy holding the lowest levels in more than 3 years, mortgage rates jumped sharply higher yesterday. That said, everything"s relative. Even after that "sharp" increase, the average rate was still one of the lowest in years apart from last week. There was slightly more cause for concern this morning as the ...Read More | ||
| BBYS, Lead Management, U/W, Processing, Verification Tools; Recapture Webinar; Capital Markets | ||
| 3/3/2026 9:57 AM | ||
| At the L1 Summit, technology is obviously a key segment of many sessions. Tech is helping larger companies in their moves in controlling the borrower funnel. Artificial intelligence (AI) with its pros and cons but hoped-for benefits to productivity and therefore cost reduction, is a common conversation topic. Third party provider offerings are also...Read More | ||
| Heavy Overnight Selling But Inflation Narrative Remains in Doubt | ||
| 3/3/2026 8:47 AM | ||
| Bonds sold off again overnight with 10yr yields now challenging the 4.10% technical level in early trading. MBS are down another 3/8ths, roughly. And there"s stronger correlation with higher oil prices and rising bond yields. So in light of our contrarian take yesterday, are we now forced to acquiesce to the "higher inflation/higher rates" narrativ...Read More | ||
| Big Bad Day For Bonds. What"s Next? | ||
| 3/2/2026 2:41 PM | ||
| Big Bad Day For Bonds. What"s Next? Bonds sold off early and aggressively on Monday in a move that most onlookers are quickly attributing to geopolitics. Specifically, the thought is that higher oil prices imply higher inflation and, thus, higher rates. While some traders probably woke up and decided to sel...Read More | ||
| Mortgage Rates Jump Back Into The 6"s | ||
| 3/2/2026 2:19 PM | ||
| Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news cycle very focused on developments in Iran, most coverage attempts to correlate geopolitical events with market movement. The only legitimate way to do this would be to say that upward pressure on o...Read More | ||
| HELOC, AI/Compliance, eNote Products; Skiing and AI Events/Training; Capital Markets | ||
| 3/2/2026 10:54 AM | ||
| In what seems to be the blink of an eye we’re down two months of 2026, and by most accounts they were decent for lenders and vendors. Here in Ft. Lauderdale at the Lenders One Summit, the talk in the hallways, like that at several recent conferences, is centered around a handful of topics, M&A being one of them, and the desire for companies to ...Read More | ||