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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| Gains Completely Erased; Stocks Looking More Culpable | ||
| 11/14/2025 3:58 PM | ||
| Gains Completely Erased; Stocks Looking More Culpable Viewed in a vacuum, this mornings 7-8am rally remains enigmatic. There was some small case to be made that stock losses played a role, but the bond buying definitely didn"t line up with stocks in a normal way (i.e. it looked like there was some third var...Read More | ||
| Rates Rise on Friday, Now Near 2-Month Highs | ||
| 11/14/2025 3:10 PM | ||
| Mortgage rates were only modestly higher on Friday, but because of the narrow prevailing range and previous increases this week, that brings us right in line with 2-month highs. Bonds (which dictate rates) began the day with promise. There was heavy buying (good for rates) in the 7am hour. This coincided with stocks challenging their lowest levels...Read More | ||
| Purchase Demand Near Best Levels Since January 2023 | ||
| 11/14/2025 12:59 PM | ||
| Mortgage applications posted a modest increase last week, even as rates ticked slightly higher. According to MBA’s Weekly Applications Survey for the week ending November 7, total volume rose 0.6% on a seasonally adjusted basis and dipped 1% unadjusted. The Refinance Index fell 3% from the previous week but remains 147% higher than the same week o...Read More | ||
| HELOC, Meeting Software, MSR Valuation Tools; M&A for Servicing; Extension Cost Primer; Freddie and Fannie Price Fixing? | ||
| 11/14/2025 10:47 AM | ||
| I always wonder, when I see two gas stations near each other in a small town, if the owners agree on pricing and share information. But when you’re dealing with trillions of dollars of mortgages and millions of borrowers, well, that’s a different scale, and the leader and boards of directors should be held responsible if the news is correct. Per th...Read More | ||
| Stronger Start After 7am Magical Mystery Move | ||
| 11/14/2025 8:24 AM | ||
| Bonds were sideways to slightly weaker in the overnight session. 4am to 7am was exceptionally flat and narrow. This is notable because stocks had done more than half of their overnight selling by 7am, and stocks are one of the only scapegoats. In other words, a "flight to safety" (sell stocks/buy bonds) seems to be the only popular explanatio...Read More | ||
| Moderately Weaker With Only The Reopening to Blame | ||
| 11/13/2025 3:02 PM | ||
| Moderately Weaker With Only The Reopening to Blame The government reopened on Thursday. Both stocks and bonds sold off moderately in response. The bond market weakness is in line with our expectations for a confirmed reopening based on the simple logic that a prolonged shutdown would have been increas...Read More | ||
| Mortgage Rates Near The Top of Recent Range | ||
| 11/13/2025 2:25 PM | ||
| Mortgage rates rose somewhat sharply following the late October Fed meeting but have been in a relatively narrow range so far in November. The range is so narrow, in fact, that yesterday"s average rate was at the bottom of that range while today"s rate is closer to the highs. Given the minimal overall movement, there"s no compelling need to ...Read More | ||
| Data Intelligence, CTP Products; Compliance Warning About Thanksgiving; Another Fed President to Leave | ||
| 11/13/2025 10:45 AM | ||
| In news underwriters will need to know, banks and satirists across the United States are taking Director Bill Pulte’s and President Donald Trump’s 50-year mortgage suggestion are running with it. They (the underwriters) would now require an applicant"s grandkids to co-sign on a 50-year mortgage "just in case” as part of the approval equation. What ...Read More | ||
| Shutdown is Over. Don"t Get Excited | ||
| 11/13/2025 7:06 AM | ||
| First off, the market expected a shutdown resolution by mid November and especially since this past weekend. That"s the reason today"s news means essentially nothing in terms of being a surprise headline. On the data front, today is also meaningless in the short term. It"s not as if the backlog of econ data will suddenly be released. Th...Read More | ||
| Bonds Look Past 10yr Auction to Maintain Focus on Jobs | ||
| 11/12/2025 3:10 PM | ||
| Bonds Look Past 10yr Auction to Maintain Focus on Jobs While there were no big ticket economic reports on today"s calendar, bonds came into the session with a tailwind from yesterday"s weekly ADP payrolls data. Unlike the monthly numbers seen in last week"s monthly ADP report (which showed a +42k increase i...Read More | ||