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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| Lowest Mortgage Rates in More Than 3 Weeks | ||
| 2/10/2026 1:20 PM | ||
| Mortgage rates fell on Tuesday following a downbeat Retail Sales report. At 0.05%, it was the largest single-day drop since the uncommonly big 0.15% drop on January 9th. This also takes the average 30yr fixed rate to 6.11%, easily below its recently narrow range of 6.15-6.20. The bonds that drive mortgage rates are always tuned in to various econo...Read More | ||
| Mortgage Rates Roughly Flat to Start The Week | ||
| 2/9/2026 2:15 PM | ||
| The past 2 weeks have seen very little volatility for mortgage rates. After being near 6% for a week in early January, rates rose abruptly to 6.21% (avg top tier 30yr fixed) on January 20th in response to geopolitical drama. They"ve generally descended since then, but in slow, measured steps. Today"s result was actually a 0.01% i...Read More | ||
| Mortgage Rates Match Lowest Levels in Over 2 Weeks | ||
| 2/6/2026 11:51 AM | ||
| In the bigger picture, the past two and a half weeks have been marked by a very narrow range in the bond market. Because bonds dictate mortgage rates, the latter have also been in a narrow range with average top tier 30yr fixed rates of 6.15-6.20%. Yesterday"s employment-related data helped bonds improve. Many lenders made mid-day improvemen...Read More | ||
| Mortgage Rates Fall After Downbeat Employment Data | ||
| 2/5/2026 12:52 PM | ||
| Mortgage rates are driven by bonds and that bonds care about employment data. There are quite a few different economic reports that focus on various employment metrics. Next Wednesday"s jobs report is the biggest ticket by far, but other reports can move the needle at times--especially when they fall far from forecasts or previous readings. This w...Read More | ||
| Mortgage Rates Hold Perfectly Steady at 2-Week Highs | ||
| 2/4/2026 1:58 PM | ||
| The average top tier 30yr fixed mortgage rate hit its highest levels in 2 weeks yesterday. The caveat was that the range has been very narrow during these 2 weeks. As such, by remaining unchanged versus yesterday, today"s rates are part of the same narrow range (6.15-6.20% for MND"s index). There were two relevant economic reports this morning as ...Read More | ||
| Mortgage Rates Drift Up to 2-Week Highs | ||
| 2/3/2026 2:23 PM | ||
| The bad news: mortgage rates moved up to their highest levels in 2 weeks today. The good news: the rate range has been very narrow during that time, so there"s not too much of a difference between 2-week highs (6.20%) and lows (6.15%). Today"s move wasn"t a product of anything that happened today. Rather, the culprit was the focal poi...Read More | ||
| Mortgage Rates Only Modestly Higher Despite Bond Market Weakness | ||
| 2/2/2026 2:35 PM | ||
| Weakness in the bond market generally means higher mortgage rates. Today was no exception. A key economic report on the manufacturing sector was much stronger than expected. Bonds lost ground as a result and mortgage lenders were forced to set rates higher than Friday"s latest levels. But the caveat is that the average lender was only marginally h...Read More | ||
| Mortgage Rates Sidestep Into The Weekend | ||
| 1/30/2026 3:10 PM | ||
| While there was certainly plenty of volatility elsewhere in the financial market this week, there was almost none to be found in mortgage rates. Wed, Thu, and Fri all recorded the exact same level in MND"s 30yr fixed rate index--something that only happens a few times every year. Rates are based on bonds and bonds are waiting for more serious insp...Read More | ||
| Mortgage Rates Hold Steady Despite Volatility in Other Markets | ||
| 1/29/2026 2:59 PM | ||
| Sometimes being tuned into daily mortgage rate changes means coming across other news about financial markets. In today"s case, that could expose you to anything from the massive selling of certain stocks earlier in the day or the unprecedented trading levels in various commodities. While the financial market buzz may be centered on silver a...Read More | ||
| Mortgage Rate Winning Streak Ends, But Just Barely | ||
| 1/28/2026 2:51 PM | ||
| On some occasions, a rate announcement from the Federal Reserve (even one that results in no change to the Fed Funds Rate) can cause a huge move in mortgage rates. Today was not one of those days, but in its defense, it was never that likely to be. In order for a Fed announcement to have a big impact, it has to surprise the market in some way. A r...Read More | ||