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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| Solid Showing For Logical Reasons | ||
| 8/4/2026 2:29 PM | ||
| Solid Showing For Logical Reasons Money flooded back into both sides of the market in a major way (albeit more "major" for the stock market) after Bessent said we could be days away from a new deal on Hormuz transit. Oil plunged to the lowest levels since July 13th and bond yields were willing to follow (al...Read More | ||
| Mortgage Rates Lowest in Over 2 Weeks | ||
| 8/4/2026 2:01 PM | ||
| Mortgage rates were a bit hesitant to follow the bond market"s advice yesterday. Specifically, bonds rallied (i.e. bond prices moved higher and yields/rates moved lower). This almost always coincides with mortgage rates falling by a proportional amount. But yesterday didn"t see the typical level of correlation for many lenders. Today is a differen...Read More | ||
| Webcasts, Capital Deployment, DPA Tools; AI and Borrower Trust; Interview with Vesta"s Mike Yu | ||
| 8/4/2026 10:44 AM | ||
| After a general summer lull, and with talk of JPMorgan Chase’s $750 billion housing investment rifling through our biz, mortgage conference season shifts back into gear with next week’s Western Secondary with plenty of events in September and October, so book those rooms. The last time you stayed in a hotel, or maybe you’re reading this right now i...Read More | ||
| Hormuz Deal Hopes Turning Bonds Green at Open | ||
| 8/4/2026 8:39 AM | ||
| This morning is offering another installment of hope for some form of progress in Iran. In today"s case, it was Bessent floating the notion of possible Hormuz deal as early as this week. Markets will believe it when they see it, of course, but they"re certainly willing to trade the hope. After moving modestly higher overnight, oil prices and bond y...Read More | ||
| Sideways and Stronger, But Risks Remain | ||
| 8/3/2026 2:52 PM | ||
| Sideways and Stronger, But Risks Remain Monday was "nice." Bonds rallied more than a little bit and held those gains in an exceptionally flat manner all day. But there are caveats. Apart from last Friday, today"s yields matched the long-term highs seen on July 23rd. Or on a more timely note, the ...Read More | ||
| Mortgage Rates Roughly Unchanged Despite Bond Market Improvement | ||
| 8/3/2026 2:27 PM | ||
| Mortgage rates had a tough day on Friday, largely in response to bond market volatility surrounding heavy forex trading as a part of US/Japan efforts to prop up Japanese currency (not a common source of inspiration for rates). Higher oil prices didn"t help. As we begin the new week, de-escalation in the Iran war pushed oil prices much lower....Read More | ||
| Webinars, LOS, Title, eNote, Processing Tools; NAR, Owner Wealth, and Dropped Coverage | ||
| 8/3/2026 10:24 AM | ||
| Non-QM investors are “licking their chops” by using the information that the FHFA, through Freddie and Fannie, is requiring a more thorough lender assessment before approving condo loans beginning today. Non-QM is not. Who is going to say that information isn’t important? Lenders and the markets like knowing what the U.S. Federal Reserve is up to… ...Read More | ||
| Stronger Start on Iran News, Stronger Data Taken in Stride | ||
| 8/3/2026 9:25 AM | ||
| Bonds opened the trading session in much stronger territory, following the drop in oil prices associated with another round of de-escalation hopes in the Iran war. The root cause was the cancellation of planned air strikes as well as comments that suggested a reopening of negotiations. As has been the case, markets don"t really care if there"s much...Read More | ||
| Esoteric Forex Drama Blasts Bonds, Maybe | ||
| 7/31/2026 3:08 PM | ||
| Esoteric Forex Drama Blasts Bonds, Maybe Friday was very much NOT on the beaten path of typical bond market considerations with most of the selling arguably stemming from Japanese currency intervention. We"ve seen similar episodes in the past, but today"s installment came with a twist. In addition to ...Read More | ||
| Mortgage Rates Back Near Long-Term Highs | ||
| 7/31/2026 12:36 PM | ||
| To be fair, mortgage rates haven"t been far from their long-term highs in over a week, but today"s 30yr fixed index level of 6.83% is functionally equivalent to the actual long-term high of 6.85% seen on July 23rd. Higher rates are driven by weakness in the bond market. The latter can happen for many reasons. Sometimes those reasons ar...Read More | ||