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. |
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| Mortgage Rates Roughly Unchanged to Start New Week | ||
| 5/5/2025 2:51 PM | ||
| Mortgage rates faced a slight headwind on Monday as economic data caused weakness in the bond market. This would typically result in higher mortgage rates, but in today"s case, the damage was minimal. One thing to keep in mind is that mortgage rates don"t change in real time with the market. Lenders set rates once in the morning and only change th...Read More | ||
| Mortgage Rates Are Actually Higher This Week | ||
| 5/2/2025 2:22 PM | ||
| Mortgage rates had a nice little run, moving down from last Monday"s highs of 6.98% (average, top tier 30yr fixed) to a mid-week low just over 6.80%. Even after yesterday"s modest bounce, we were still in stronger territory for the week. But now today, the average lender is back up to 6.90%. While that"s not as high as the beginning of...Read More | ||
| Rates Pull Back Slightly After Stronger Economic Data | ||
| 5/1/2025 2:32 PM | ||
| After enjoying a calm, steady winning streak so far this week, mortgage rates finally experienced a bump back toward slightly higher levels on Thursday. The move followed the release of a closely watched report on the manufacturing sector. The economic data wasn"t strong in outright terms. In fact, it suggested contraction in the sector. But...Read More | ||
| Another Small Victory For Mortgage Rates | ||
| 4/30/2025 3:19 PM | ||
| Mortgage rates continue enjoying a completely different volatility regime compared to just a few weeks ago. Back then, it wasn"t a surprise to see the top tier average rate move by more than 0.10% on any given day, nor was it uncommon to see multiple changes during the same day. Fast forward to the present week and the average lender hasn"t ...Read More | ||
| Friendly, Stable Trend Continues For Mortgage Rates | ||
| 4/29/2025 2:25 PM | ||
| It"s now been more than a week since mortgage rates ended the day higher than the previous day. And we haven"t recovered quite as much lost ground as 10yr Treasury yields, we"re getting pretty close to fully re-entering the narrow range that persisted before the April 2nd tariff announcement. [thirtyyearmortgagerates] Depending on one...Read More | ||
| Mortgage Rates Start New Week Slightly Lower | ||
| 4/28/2025 2:36 PM | ||
| Mortgage rates ended last week at the lowest levels since April 7th. The average lender remained at those same levels at the start of business today, but many lenders offered modest improvements as the day progressed. Mortgage lenders prefer to update rates only once per day, but they will make mid-day adjustments if the underlying bond mark...Read More | ||
| Lowest Mortgage Rates in Nearly 3 Weeks | ||
| 4/25/2025 3:06 PM | ||
| The news on mortgage rates has been frustratingly mixed recently, depending on the source. This is a factor of the various time frames and methodologies employed by different purveyors of rate data. If you"re reading this, however, none of that matters because the following is as timely as it gets: the average mortgage lender is now at the lowest l...Read More | ||
| Mortgage Rates Continue Lower | ||
| 4/24/2025 2:47 PM | ||
| Mortgage rates continue the slow, bumpy process of healing from the rapid rise seen 2 weeks ago. Last week was a solid victory in that sense with rates moving steadily and meaningfully lower without any major rebounds. The present week started out on shakier footing as rates lurched higher on Monday. Fortunately, the sailing has been smoother since...Read More | ||
| Mortgage Rates Pulled in Two Directions, But End Day Lower | ||
| 4/23/2025 3:12 PM | ||
| Mortgage rates are an extension of the financial market, so it"s no surprise that they"ve been more volatile than normal over the past few weeks as markets react to fiscal headlines. The latest dust-up involved Trump"s criticism of Fed Chair Powell which resulted in higher rates over the weekend. Now today we"ve had several comments from Trump (st...Read More | ||
| Mortgage Rates Hold Almost Perfectly Steady | ||
| 4/22/2025 2:31 PM | ||
| In not so many words, last week"s thesis was that "no news was good news" for mortgage rates. Specifically, an absence of major, unexpected developments on the topic of tariffs and trade helped the underlying bond market retrace some of the recent steps. Those steps resulted in the highest rates in several months and one of the biggest weekly...Read More | ||