Chicagoland Valuation Group Inc
Chicago & suburbs
 About UsChicagoland's #1 source for Certified Residential Appraisals!! As certified appraisers, we possess the extensive know-how and qualifications to give you the level of credible property value opinions that government agencies, private parties, banks and major lending institutions require. With years of expertise behind us, we're more than ready to accept assignments pertaining to virtually any type of property. Considering today’s high-regulation environment, our independence, including from real estate brokerage firms, makes your life easier and provides a superior product. |
Connect With Me
|
||
| Anyone Who Tells You They Know What Happens Next For Rates is Lying | ||
| 12/12/2025 3:18 PM | ||
| Friday saw mortgage rates move back up near the highest levels of the week, and thus the highest levels of the past 3 months. Thus ends another week where mortgage rates end higher despite a Fed rate cut. We"ve beaten this horse to death, but here are the two key reasons Fed rate cuts don"t necessarily result in lower mortgage rates, in as few wor...Read More | ||
| Mortgage Rates Hit Lowest Levels of The Week | ||
| 12/11/2025 2:20 PM | ||
| As is sometimes the case on the day following a Fed day, the bond market carried a bit more momentum in the same direction as yesterday afternoon. Fortunately, the momentum was toward lower rates this time around--a nice break from the past two Fed days which resulted in several days (and weeks) of higher rates. This leaves the average lender roug...Read More | ||
| Mortgage Rates Improve After Fed Announcement | ||
| 12/10/2025 3:02 PM | ||
| The Fed cut its policy rate by 0.25% today and mortgage rates moved lower after the announcement. That said, those two developments are not related. In fact, there was no movement in the bonds that underlie mortgage rates when the rate cut was announced. Instead, the market (and rates) moved in response to Fed Chair Powell"s press conference. Whi...Read More | ||
| Can The Fed Pull Mortgage Rates Off The Ceiling? | ||
| 12/9/2025 2:59 PM | ||
| Mortgage rates were surprisingly steady on Tuesday with most lenders roughly in line with Monday"s levels. Why surprising? Because the bond market was noticeably weaker and bonds dictate day to day mortgage rate movement. In Tuesday"s case, we can actually reconcile the steadiness with the timing of bond market movement. Specifically, bonds ...Read More | ||
| Mortgage Rates Start Week Near 3 Month Highs | ||
| 12/8/2025 3:02 PM | ||
| Both stocks and bonds lost ground on Monday. This pushed mortgage rates up near their highest levels in just over 3 months (because mortgages are based on bond prices). To put the 3-month highs in perspective, today"s rates are right in line with those seen 2 weeks ago. [thirtyyearmortgagerates] When we see a larger-than-average shift in ra...Read More | ||
| Mortgage Rates Could See More Volatility Next Week | ||
| 12/5/2025 3:06 PM | ||
| Average mortgage rates drifted slightly higher to end the week, though they remained under the levels seen on Monday and Tuesday. Even then, none of this week"s movement was especially abrupt. That"s interesting considering there was a decent amount of economic data throughout the week. It could be that the rate market is simply waiting for the he...Read More | ||
| Mortgage Rates Are Actually Higher This Week | ||
| 12/4/2025 2:46 PM | ||
| Today"s mortgage rates a just a hair higher than yesterday"s and although yesterday"s rates were reasonably close to last Friday"s, they were still definitely higher. That last assertion is at odds with some of the mortgage rate media coverage you may encounter today, but there"s a logical reason. Freddie Mac releases its weekly mortgage rate surv...Read More | ||
| Mortgage Rates Back Down Near Recent Lows | ||
| 12/3/2025 3:02 PM | ||
| Mortgage rates improved more noticeably today, and while the average rate isn"t quite as low as it was last week, it"s fairly close. Rates are based on movement in the bond market. Bonds were most likely to move in response to one or both of today"s big economic reports. Oddly enough, most of the bond market improvement was seen overni...Read More | ||
| Mortgage Rates Move Slightly Lower | ||
| 12/2/2025 2:33 PM | ||
| Unlike Monday, which saw a fairly brisk move toward higher rates, Tuesday barely budged. Additionally, the budging occurred in a friendly direction with the average lender offering rates that were just a hair lower than yesterday"s. Starting tomorrow morning, this week"s potential volatility will be higher. Each day brings several economic r...Read More | ||
| Mortgage Rates Erase Last Week"s Gains | ||
| 12/1/2025 2:34 PM | ||
| Mortgage rates are based on bonds and the bond market is prone to erratic behavior on major holiday weeks. One of the more common patterns is for the holiday week to see a noticeable departure from a prevailing trend only to return to that trend in the following week. That"s exactly what we"re seeing on the first day of the new week. The pre...Read More | ||