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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| Bonds Faded in the Afternoon Despite Oil Price Recovery | ||
| 6/8/2026 4:18 PM | ||
| Bonds Faded in the Afternoon Despite Oil Price Recovery Oil prices and bond yields started the overnight session higher, but both moved to the lows of the day just after 9:30am. From then on, oil went broadly sideways while bonds sold off gradually. If oil had instead moved higher into the afternoon, we mig...Read More | ||
| Mortgage Rates Just a Bit Higher After Last Week"s Jump | ||
| 6/8/2026 3:33 PM | ||
| The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today"s level of 6.68% is the 3rd highest of the past 9 months. Unlike Friday, there were no big-ticket economic reports driving volatility in rate markets. The only arguable ...Read More | ||
| Verification, Non-QM Corresp., AI/POS Products; Upcoming Webcasts; Non-Agency Product News | ||
| 6/8/2026 10:29 AM | ||
| Remember when talk of a “re-IPO” of Freddie and Fannie dominated residential lending news? That has certainly quieted, Pulte’s attentions are diverted, and you can certainly buy stock in them now: share prices for both are down about 30 percent this year so maybe they’re a bargain. For those new to the biz, the FHFA oversees F&F, and the FHFA’s...Read More | ||
| Traders Cautiously Buying The Dip | ||
| 6/8/2026 8:57 AM | ||
| Things got a bit worse before they got better over the weekend. 10yr yields were as high as 4.58% in overnight trading, but are now roughly unchanged in early domestic trading. Oil prices mirrored the same movement overnight, but haven"t recovered as much as bond yields. In fact, bonds arguably led the move lower with a gradual rally starting ...Read More | ||
| At Least It Didn"t Get Much Worse After The Initial Rout | ||
| 6/5/2026 3:42 PM | ||
| At Least It Didn"t Get Much Worse After The Initial Rout If you had to find something reassuring to say about the bond market today, it would be that there wasn"t much selling after 9am ET. Unfortunately, there was a whole lot of selling in the prior 30 minutes. Try as they might, analysts couldn"t find any...Read More | ||
| Mortgage Rates Jump After Strong Jobs Report | ||
| 6/5/2026 1:29 PM | ||
| Over the past three months, mortgage rate movement has been driven primarily by developments in the Iran war. It"s not that war, itself, is a consideration, but rather the implications for fuel prices and inflation. Bonds care deeply about inflation and interest rates are based directly on bonds. When inflation isn"t raging (or at the risk of ragi...Read More | ||
| Mortgage Apps Pull Back Modestly | ||
| 6/5/2026 1:25 PM | ||
| Mortgage applications eased again last week even as borrowing costs moved lower, suggesting that modest rate relief was not enough to bring borrowers back in force. The Mortgage Bankers Association (MBA) reported a 2.5% decrease in total application volume on a seasonally adjusted basis for the week ending May 29. The decline was led by refinanc...Read More | ||
| Tech Stack Mgt, Verification, DSCR, 2nd Products; In-Person Mortgage Events; What"s Moving Rates? | ||
| 6/5/2026 9:53 AM | ||
| Today we’re going to learn about the facts of life. Trivia-loving basketball facts’ fans know that this is the first time the NY Knicks have led in the finals since the night of OJ’s White Bronco car chase. Homeowner’s insurance has become the “you can’t avoid it and you can’t afford it” fact of life for some homeowners in some areas. Rate is selli...Read More | ||
| Job Market Says "I"m Not Dead Yet." Bond Market Doesn"t Love It | ||
| 6/5/2026 9:08 AM | ||
| Buzz has been growing around the labor market for the past several months, but today"s jobs report went the extra mile to make it official. The job market is officially re-accelerating. Actually, the better claim would be that the jobs market is simply attempting to level off after a very long post-covid normalization. Most of today"s charts show t...Read More | ||
| Modest Gains Maintained After Intraday Slippage | ||
| 6/4/2026 3:12 PM | ||
| Modest Gains Maintained After Intraday Slippage Slippage is a bit less severe than leakage. Neither of them will turn a green day red, but they both erode morning gains. Today"s gains primarily followed a pre-market comment from Trump who said the US was in the middle of final negotiations to end the Iran w...Read More | ||