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 End Week Unchanged. Next Week, Probably Not... | ||
| 7/25/2025 3:16 PM | ||
| It"s no great secret that the outgoing week didn"t offer much in terms of hotly anticipated events with the power to make or break momentum in the rate market. But as it happened, there was ultimately no impact whatsoever by the time Friday afternoon rolled around. Actually, rates were already "unchanged" on the week as of yesterday aft...Read More | ||
| Mortgage Rates Drift Slightly Higher Again | ||
| 7/24/2025 2:41 PM | ||
| After falling for 5 straight days leading into Tuesday, mortgage rates have now moved slightly higher on each of the past two days. As was the case with the improvement, the bounce back has been exceedingly modest in its pace. In fact, most borrowers will be seeing the same rates today vs last week with only minor changes in upfront costs. Today w...Read More | ||
| Mortgage Rates Tick Higher, But Just Barely | ||
| 7/23/2025 2:22 PM | ||
| It"s been a pretty good run for mortgage rates since hitting their most recent highs last Tuesday. Each subsequent day saw a modest improvement. That winning streak finally ended today, but just barely. The average top tier 30yr fixed rate was only 0.01% higher compared to yesterday. For all practical purposes, that means that rates have been flat...Read More | ||
| Mortgage Rates Inch Down to 2-Week Lows | ||
| 7/22/2025 2:25 PM | ||
| Last week, we got a sneak preview of how the market would react to Fed Chair Powell ending his term early. In a nutshell, only the shortest-term rates would improve while most consumer rates would move higher--including mortgages. This isn"t conjecture, but rather the actual response in the bond market (bonds dictate interest rates). Thankful...Read More | ||
| Mortgage Rates Move Slightly Lower to Start New Week | ||
| 7/21/2025 2:57 PM | ||
| Mortgage rates didn"t move much on Monday, but they moved in the right direction with the average lender 0.03% lower for a top tier 30yr fixed scenario versus last Friday. That makes this the 4th straight business day with a modest gain and it gets us back in line with the lowest rates since July 3rd. One fairly consistent theme this week wi...Read More | ||
| Mortgage Rates Barely Budge Today and This Week | ||
| 7/18/2025 4:10 PM | ||
| While any rate watcher"s bingo card should always have a few squares devoted to "unchanged, flat, etc.," this week"s had at least as many squares reserved for a big reaction to inflation data. Specifically, Tuesday"s inflation data had the power to cause a big move in rates. While it was the week"s biggest influence, rates actually mana...Read More | ||
| Mortgage Rates Staying Broadly Sideways | ||
| 7/17/2025 1:51 PM | ||
| Despite all of the economic data and news headlines over the past few days, mortgage rates have barely budged since last Friday. That was not what we expected this week given the anticipation for the inflation reports that came out on Tuesday and Wednesday. Now today, a seemingly balmy Retail Sales report (something that would normally push rates ...Read More | ||
| Mortgage Rates Mostly Sideways After Dodging Mid-Day Drama | ||
| 7/16/2025 2:06 PM | ||
| This morning brought another inflation report. Given the negative reaction to yesterday"s inflation data, there was some cause for concern. Thankfully, today"s data was more unequivocally acceptable for the bond market and--thus--interest rates. Bonds improved fairly well into the late AM hours, but then, the drama! Actually, there wasn"t much dra...Read More | ||
| Mortgage Rates Move Higher Despite Decent Inflation Reading | ||
| 7/15/2025 2:06 PM | ||
| Mortgage rates are based on bonds and bonds don"t like inflation. When inflation reports are higher than the market expected, rates tend to rise, all other things being equal. But today"s inflation numbers were a bit lower than the median forecast. This scenario is typically more likely to push rates lower. Indeed, in the f...Read More | ||
| Mortgage Rates Just a Hair Higher Ahead of Important Inflation Report | ||
| 7/14/2025 1:59 PM | ||
| Today"s movement in mortgage rates, in and of itself, is barely worth mentioning. The average lender remains close enough to Friday"s levels but is technically just a hair higher. That fact is offset by the counterpoint that most of the past two months saw higher rates. The future is far more interesting than the present--specifically,...Read More | ||