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 Applications Rebound Modestly as ARM Share Hits Five-Week High | ||
| 9/4/2026 1:57 PM | ||
| Mortgage application activity showed some signs of life last week, with a modest increase in purchase demand helping offset another decline in refinancing as mortgage rates reached their highest level in four weeks. The Mortgage Bankers Association (MBA) reported a 0.8% increase in total application volume on a seasonally adjusted basis for the w...Read More | ||
| Rates Only Slightly Higher Despite Strong Jobs Report | ||
| 9/4/2026 1:49 PM | ||
| Mortgage rates have a long and storied past with the monthly jobs report. Officially titled "The Employment Situation," the Bureau of Labor Statistics" (BLS) jobs report has more power than any other monthly economic report to cause volatility in the rate market over the years. It may have lost some of that capability over the past few years, but i...Read More | ||
| U/W, LOS/TPO, Workflow Automation, AI Risk, Education Tools; MBS and MSR Trends | ||
| 9/4/2026 10:47 AM | ||
| Make sure that your air conditioning is in good condition, as well as clients’. Loan servicers are wondering about their collateral: “Heat in the oceans releases more slowly into the atmosphere, pushing up global temperatures the following year. The powerful 2023-24 El Nino contributed to 2024 being the warmest year on record, and we should not be ...Read More | ||
| Bonds Only Moderately Higher After Balmy NFP | ||
| 9/4/2026 7:42 AM | ||
| The jobs count surged higher (162k vs 56k f"cast) in this morning"s jobs report. While such wild divergences will have the masses crying foul, and while this is a large beat, it"s not the first time that the headline job count has been this far off forecasts. This is especially understandable amid recent volatility in labor force composition. One m...Read More | ||
| Still a Resilient Day Despite Afternoon Weakness | ||
| 9/3/2026 3:24 PM | ||
| Still a Resilient Day Despite Afternoon Weakness The day"s most notable development, by far, was the speech from Fed Governor Waller in which he said the Fed probably didn"t need to hike at the upcoming meeting (depending on data, of course). Fed Funds Futures reacted immediately and mostly held those gains...Read More | ||
| Mortgage Rates Drop to Week"s Best Levels | ||
| 9/3/2026 2:59 PM | ||
| Mortgage rates finally had a decent day on Thursday after spending the previous three days inching into the highest levels in more than a year. Part of the improvement was due to comments from Fed Governor Chris Waller who said that it wouldn"t be necessary to hike rates at the next meeting unless inflation data surprises to the upside. Before tha...Read More | ||
| Hedging, Verification, POS, Data Mining Tools; Rocket Mortgage and RESPA; MISMO Motors On | ||
| 9/3/2026 10:04 AM | ||
| Broker and Lender Products, Software, and Services As AI becomes embedded across the mortgage lifecycle, lenders are rethinking how they use data to drive decisions and automate workflows. They aren’t looking for more reports. They want solutions that help them detect signals, whether it"s a change in borrower status, a counterparty risk flag, or...Read More | ||
| Some Signs of Resilience | ||
| 9/3/2026 8:56 AM | ||
| There were two separate positive developments for bonds this morning. The most obvious and actionable example was series of comments from Fed"s Waller in which he basically said he wasn"t interested in hiking rates right now unless inflation data surprised to the downside. Fed funds futures and bonds reacted instantly with 10yr yields ultimately dr...Read More | ||
| Relatively Drama-Free Day | ||
| 9/2/2026 4:01 PM | ||
| Relatively Drama-Free Day These things happen from time to time. The bond market finally had an uneventful day... sorta. This may seem like a fairly odd claim for any day where yields hit the highest levels in well over a year but those were intraday highs, and they weren"t much higher than yesterday"s high...Read More | ||
| Mortgage Rates Approaching 7% | ||
| 9/2/2026 2:08 PM | ||
| First things first: when we reference average, daily, top-tier 30yr fixed rates, it is for an ideal scenario that rarely exists in the wild. The average scenario will always involve slightly higher effective rates (i.e. even if the rate is the same as national averages, it would involve additional upfront costs). As a reminder, our daily rate inde...Read More | ||