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 Move Modestly Lower | ||
| 6/2/2026 2:59 PM | ||
| It was an uneventful day for the bond market and, thus, mortgage rates. Unlike the average trading day of late, there were no conspicuous war-related headlines making for shocks to oil prices. Since the start of the war, interest rates have had a strong correlation with oil prices due to inflation implications. That correlation was present today, ...Read More | ||
| Rates Pull Back Slightly | ||
| 6/1/2026 2:33 PM | ||
| Following last week"s relatively strong move to the lowest levels since May 14th, mortgage rates bounced slightly higher to start the news week. The move followed a clear shift in the Iran war news cycle with morning headlines citing Iranian officials saying the peace negotiation were effectively tabled as long as hostilities remained between Israe...Read More | ||
| Mortgage Rates Set to End Week Much Lower | ||
| 5/29/2026 12:34 PM | ||
| While there are still a few hours left in the trading day, it"s a near certainty that this week will end with mortgage rates at meaningfully lower levels compared to last Friday. Today is only adding modestly to that trend, but that makes it the 8th straight business day where rates have either held steady or moved lower. On that note, it"s possib...Read More | ||
| Mortgage Rates Officially Hit 2 Week Lows | ||
| 5/28/2026 2:08 PM | ||
| We were close yesterday and we officially arrived today. Mortgage rates may still be elevated compared to almost all of the past 10 months, but they"re the lowest they"ve been since May 14th. This was accomplished with a modest drop versus yesterday"s levels after another round of news on a potential U.S./Iran peace deal. This morning"s infl...Read More | ||
| Mortgage Rates Hold Lowest Level in Nearly 2 Weeks | ||
| 5/27/2026 2:47 PM | ||
| Early in the trading session, the bond market began improving in response to more updates on a potential Iran peace deal. When bonds improve, rates fall, but the initial reaction proved short-lived. Thankfully, the reversal didn"t do any new damage. This allowed the average lender to keep rates right in line with yesterday"s 6.61% for a top-...Read More | ||
| Mortgage Rates Move Moderately Lower | ||
| 5/26/2026 1:48 PM | ||
| Although mortgage rates are still relatively close to their highest levels in 9 months, they continue moving lower after hitting those highs as the beginning of last week. Today"s improvement follows news over the weekend that the U.S. and Iran are even closer to agreeing on a framework that would end the war. The war remains a key source of volat...Read More | ||
| Mortgage Rates End Week Roughly Unchanged | ||
| 5/22/2026 12:19 PM | ||
| Mortgage lenders rely on the bond market to generate mortgage rates. In addition to being fully closed on Monday for Memorial Day, bonds also close 3 hours earlier than normal on the preceding Friday (i.e. today). The abbreviated trading session was fairly uneventful for rates despite some back-and-forth volatility in response to diplomacy headlin...Read More | ||
| Mortgage Rates Recover After Starting Higher | ||
| 5/21/2026 1:40 PM | ||
| After posting a decent recovery from 9-month highs yesterday, it looked like mortgage rates were destined to bounce back toward slightly higher levels today. In fact, when lenders released their initial rates this morning, the average 30yr fixed rate was indeed moderately higher. But shortly after 1pm ET, news broke regarding additional progress i...Read More | ||
| Mortgage Rates Recover All of Yesterday"s Losses | ||
| 5/20/2026 1:58 PM | ||
| Wednesday brought some much-needed relief for the mortgage market after rates surged to new 9 month highs of 6.75% yesterday. Whereas that rate spike was decoupled from the prevailing narrative of war-related headlines, today"s recovery was quite the opposite. Newswires came out shortly after 10am ET that suggested the U.S. and Iran are nearing a ...Read More | ||
| Mortgage Rates Jump Again, Now up 0.75% Since Start of The War | ||
| 5/19/2026 2:28 PM | ||
| It was another rough day for the bond market and, thus, for interest rates. Investors aggressively sold bonds in the first 2 hours of trading, taking 10yr Treasury yields to the highest level in more than a year. Mortgage-specific bonds have been doing better versus Treasuries in recent months thanks to increased purchase demand from Fannie Mae an...Read More | ||