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 Rates End Week at Best Levels | ||
| 2/27/2026 12:56 PM | ||
| At this point, it is getting a bit repetitive to bring up "the lowest rates in more than 3 years"--something that was officially the case twice this week. If we give rates credit for stably holding these long-term lows (and we should!), then every day this week has been the best in more than 3 years. Here"s the specific record: at no other time in...Read More | ||
| Mortgage Demand Calm Before The Storm? | ||
| 2/27/2026 12:27 PM | ||
| Mortgage application activity edged ever-so-slightly higher last week, with the Mortgage Bankers Association (MBA) reporting an increase of 0.4% on a seasonally adjusted basis for the week ending February 20. Refi applications continue to do the heavy lifting. The Refinance Index increased 4% from the previous week and was 150% higher than t...Read More | ||
| Home Prices Still Rising, But Pace Remains Subdued | ||
| 2/27/2026 12:10 PM | ||
| Home price appreciation pulled back slightly at the end of last year, according to December data from both FHFA and S&P/Cotality Case-Shiller. The reports reinforce the message that prices continued to appreciate modestly through the end of 2025. FHFA’s seasonally adjusted House Price Index shows home prices up 1.8% year-over-year in the f...Read More | ||
| Fraud, Processing, Verification Waterfall Products; Fairway and Insurance; Conv. Conforming Changes | ||
| 2/27/2026 10:17 AM | ||
| Can’t you feel the anticipation building? March 5th… Trigger leads… Don’t tell me that you’ve forgotten all about it. When a borrower applies for a mortgage and their credit is pulled, that data has historically been sold as a “trigger lead” and dozens of calls are received. Starting March 5, according to the law, credit bureaus can no longer sell ...Read More | ||
| Starting Out Under 4.0% Despite Hotter PPI | ||
| 2/27/2026 8:29 AM | ||
| We"d already discussed the fact that PPI has fallen by the wayside as a relevant market mover for bonds despite one or two instances of relevance nearly 2 years ago when bonds were desperate for any hints of change. Today"s PPI results and the ensuing bond market movement leave no doubt as to the relevance of this data. Spoiler alert: there"s basic...Read More | ||
| Knock Knock Knockin" on 10yr Floor | ||
| 2/26/2026 3:16 PM | ||
| Knock Knock Knockin" on 10yr Floor Sometimes, it"s a shame that the 7yr Treasury isn"t the most popular bond market benchmark. If it were, today"s headline could reference "knockin" on 7"s floor." Whether it"s the 3.77 level in the 7yr Treasury yield or 4.0% in the 10yr, bonds are repeatedly approaching the...Read More | ||
| Best Week For Mortgage Rates in Years | ||
| 2/26/2026 2:42 PM | ||
| Given that we have the somewhat unpopular job of reporting that today"s average top-tier 30yr fixed mortgage rate is 6.00 again, rather than the 5.99 seen earlier this week, we can at least find one glowingly positive development as a silver lining. In fact, the silver lining is more than a consolation prize. It"s actually better news than another...Read More | ||
| MBS Optimization, Non-Del Non-QM, Fraud, Realtor Tools; STRATMOR on Momentum; Jamie Dimon, AI, and Markets | ||
| 2/26/2026 10:46 AM | ||
| The latest example is ICE Mortgage Technology launching its new Homeowner Portal, powered by LERETA’s tax tracking data, “giving homeowners real-time visibility into their property tax and insurance payment information. The integration enhances transparency for borrowers while helping servicers improve efficiency and reduce inbound customer inquiri...Read More | ||
| Back to The Stronger End of The Range | ||
| 2/26/2026 9:37 AM | ||
| This is the problem with narrow trading ranges. Yesterday, yields were safely inside a narrow range near long-term lows. Today, they"re challenging the lowest levels since November. Any time we"re at the best levels in months, it"s normal to want to know why, but because of the narrow range, there isn"t really a new "why" for today"s share of the m...Read More | ||
| In-Range PM Weakness | ||
| 2/25/2026 3:45 PM | ||
| In-Range PM Weakness Viewed under a microscope, it may have seemed like today was a relatively volatile session for the bond market. Weaker opening levels in Treasuries gave way to a mid-day rally that nearly got rates back to unchanged levels. But the afternoon saw steady selling that took bonds to t...Read More | ||