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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| Whales Making Waves in Treasury Futures | ||
| 5/19/2026 3:57 PM | ||
| Whales Making Waves in Treasury Futures Nerd alert: there"s no way to discuss what happened in the bond market today without getting a bit nerdy. Reason being, there was an absolute deluge of block trades in Treasury futures (over $20bln--the biggest day we can remember for outright block trades). Ther...Read More | ||
| Mortgage Rates Jump Again, Now up 0.75% Since Start of The War | ||
| 5/19/2026 2:28 PM | ||
| It was another rough day for the bond market and, thus, for interest rates. Investors aggressively sold bonds in the first 2 hours of trading, taking 10yr Treasury yields to the highest level in more than a year. Mortgage-specific bonds have been doing better versus Treasuries in recent months thanks to increased purchase demand from Fannie Mae an...Read More | ||
| AI, Construction, Servicing, QC Products; NY Conference Chatter; AI Governance; LO Comp | ||
| 5/19/2026 10:55 AM | ||
| One of the discussion topics here in New York at the MBA conference is, just like every other conference, artificial intelligence, and one of the questions is, “Who’s accountable if something goes wrong?” Any one of us in capital markets will tell you that, in the case of Freddie, Fannie, investors, and so on, lenders are held ultimately accountabl...Read More | ||
| Increasing Signs of Bond-Specific Panic | ||
| 5/19/2026 8:40 AM | ||
| Ever since the initial 2 week ceasefire was announced in the Iran war, the bond market has adhered to trend channels that align with either de-escalation or re-escalation sentiment. Nothing too complicated here: if sentiment is trending in favor of peace, bonds have rallied. If sentiment is deteriorating, bonds have sold off. There was a temporary ...Read More | ||
| Bombarded by Headlines, But Little-Changed | ||
| 5/18/2026 3:18 PM | ||
| Bombarded by Headlines, But Little-Changed Monday"s trading session ended up being an exercise in headline-watching, as has been the case on so many days since the start of the Iran war. Today was more active than normal in that regard. The earliest headlines (as covered in the AM commentary) were helpful u...Read More | ||
| Mortgage Rates Start Week at New 9 Month High, But Just Barely | ||
| 5/18/2026 2:34 PM | ||
| Mortgage rates hit their highest levels in more than 9 months at the end of last week. Now today, they"ve edged slightly higher yet again with the average top tier 30yr fixed rate at 6.68% versus 6.65% on Friday. This wasn"t necessarily destined to be the case today. In fact the day began with the average lender unchanged. But the underlying marke...Read More | ||
| Equity Tapping, Non-QM Hedging, AI Processing, Subservicing Tools; MBA Hallway Talk | ||
| 5/18/2026 10:43 AM | ||
| For those of you who like maps, here’s one of the states’ closing costs. And here’s something for companies who have training programs: New hires should check out the Business Glossary from MISMO. It covers business processes, events, calculations, documents, forms, regulations, AI terminology, and more. LOs of various ages tell me that people in t...Read More | ||
| Early Gains And Losses on Conflicting War Headlines | ||
| 5/18/2026 9:36 AM | ||
| Bonds began the overnight session by drifting somewhat higher in yield. The 10yr hit 4.63 before recovering modestly just before domestic trading began. Yields were still slightly higher at 7:30am but moved lower after headlines cited rumors that the U.S. agreed to lift Iran"s oil sanctions. Subsequent headlines cited a revised counter-proposal fro...Read More | ||
| Bonds Continued Drifting Weaker Throughout The Day (10yr Hit 4.6%) | ||
| 5/15/2026 4:12 PM | ||
| Bonds Continued Drifting Weaker Throughout The Day Nothing new or interesting happened during the course of the trading day. The key market movers were in place at the start of domestic trading. From an analytical standpoint, the morning commentary adequately recaps the day"s bond market motivations. Yields...Read More | ||
| April Housing Inflation Data Fills in The Dots That Went Missing During The Government Shutdown | ||
| 5/15/2026 1:12 PM | ||
| The Bureau of Labor Statistics released a highly technical research paper this week examining how the agency handled missing shelter inflation data during the October 2025 government funding lapse. The issue stemmed from the CPI’s housing survey, which was unable to collect rent data during the shutdown period. With no fresh survey results availab...Read More | ||