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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| Non-QM Execution, Real Estate Agent Service, UAD 3.6, Jumbo Products; Freddie Earnings | ||
| 10/29/2026 10:12 AM | ||
| Artificial intelligence continues to capture the imagination of a wide range of companies, including lenders. “Why Underwriting Is the Right Problem for AI to Solve First,” is a topic on a recent Thought Leadership piece. It will be a topic on today’s The Big Picture with James Sais, the head of mortgage lending at Fifth Third Bank. You may be thin...Read More | ||
| No Whammies From PCE Data. Tech Plunge Helping | ||
| 10/29/2026 8:48 AM | ||
| PCE inflation was almost perfectly in line with even the unrounded expectations. The monthly core number was 0.32 vs 0.34 (or .3 vs .3 on most econ calendars). Perhaps the modest miss helps explain the modest drop in yields at 8:30am. All in all though, it was a small enough response as to obviate any further consideration. Bonds experienced ...Read More | ||
| Minimal Impact From Fed | ||
| 10/28/2026 3:50 PM | ||
| Minimal Impact From Fed Fed day has come and gone with minimal fanfare. Markets ultimately found reason to downgrade expectations for future rate hikes (likely due to Warsh"s general "wait and see" comments during the press conference), but at the expense of a bit of weakness in the longer end of the yield ...Read More | ||
| Mortgage Rates Move Modestly Higher | ||
| 10/28/2026 3:15 PM | ||
| Today"s Fed announcement had no impact on mortgage rate movement, and minimal impact on intraday bond market volatility. Well before the Fed announcement, the bond market was already slightly weaker compared to yesterday"s latest levels. As a result the average mortgage lender set rates just a hair higher. Despite the increase, 30yr fixed rates ar...Read More | ||
| Here"s What Changed in The New Fed Announcement | ||
| 10/28/2026 1:00 PM | ||
| The Federal Open Market Committee approved the following statement for release by a 12 10 – 0 2 vote: The Committee decided to raise maintain the target range for the federal funds rate by 1/4 percentage point to at 3-3/4 to 4 percent, in support of the Federal Reserve"s dual mandate. The Committee is continuing its policy of maintai...Read More | ||
| AI Governance, License Renewal, Servicing Transfer, SOC Products; Fannie Earnings | ||
| 10/28/2026 10:01 AM | ||
| The other day I went to Costco, and for $5.99 bought a pumpkin pie the size of a hubcap. What inflation? Costco’s hot dog/soda combo or the rotisserie chicken are loss leaders, but actual gasoline, beef, lettuce, restaurant meals, goods from overseas, and other items’ price changes have kept inflation in the headlines and impacted mortgage rates. (...Read More | ||
| Bonds Trying to Ignore Tech Sector Healing | ||
| 10/28/2026 9:38 AM | ||
| Coreweave stock moved higher again overnight and Coreweave bond yields continued lower, with some issues now back to yields seen 2 weeks ago. Treasuries/MBS have been doing their best to hold sideways after last week"s rally, but can only do so much when that rally was driven by factors that are visibly unwinding. As for today"s Fed announcement, t...Read More | ||
| Boring, Sideways Day. Does Wednesday"s Fed Announcement Even Matter? | ||
| 10/27/2026 3:40 PM | ||
| Boring, Sideways Day. Does Wednesday"s Fed Announcement Even Matter? Neocloud concerns continued to experience a small correction/consolidation after last week"s surge. Interest rates could have justified a bit of weakness as a result, but managed to hold fairly steady. Bond market indecision likely has mor...Read More | ||
| Mortgage Rates Hold Steady Yet Again | ||
| 10/27/2026 3:10 PM | ||
| It was a remarkably calm day for the mortgage market on two separate levels. First off, the average lender set this morning"s rates right in line with yesterday"s latest levels. Additionally, there were very few intraday changes (and in those cases, rates improved modestly). [thirtyyearmortgagerates] All of the above is made possible by the fact ...Read More | ||
| Appraisal Review, Equity, QC Tools; Jumbo Competition, Microsoft News Implications? STRATMOR Tech Survey | ||
| 10/27/2026 10:30 AM | ||
| The ancient Chinese philosopher Sun Tzu said, “Sometimes the best victory is the battle that was not fought.” In a shrinking residential market there are a lot of potential battles, for example: “Rob, are you hearing that some IMBs are not charging an origination fee or putting caps on LO comp for jumbo loans?” Of course, especially if the independ...Read More | ||