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 Recover Some of Yesterday"s Losses | ||
| 4/30/2026 2:09 PM | ||
| Mortgage rates spiked on Wednesday (yesterday) after reports suggested a prolonged blockade of the Strait of Hormuz. As has been the case for most of the past 2 months, interest rate movement was clearly correlated with oil prices. Now today, both are moving back in the other direction though not for reasons that are as obvious as yesterday"s. The...Read More | ||
| Mortgage Rates Surge Higher as US Considers a Longer Blockade | ||
| 4/29/2026 3:09 PM | ||
| Mortgage rates jumped higher today at the fastest pace in weeks to the highest levels since March 30th. There were two key motivations for the increase, but one accounted for a vast majority of the damage. News came out overnight that spoke to the possibility of a prolonged blockade of the Strait of Hormuz. Markets took this seriously because it i...Read More | ||
| Mortgage Rates Rise to 2-Week Highs | ||
| 4/28/2026 2:32 PM | ||
| Mortgage rates moved moderately higher today for the average lender, but not for any exciting reasons. Rather, the change has more to do with timing of the underlying market movement. While it"s true that mortgage rates are directly influenced by the bond market, mortgage lenders prefer to set rates once per day. From there, they will occasionally...Read More | ||
| Mortgage Rates Perfectly Unchanged to Start New Week | ||
| 4/27/2026 2:21 PM | ||
| Despite the elevated volatility risk heading into the weekend, mortgage rates are starting the week in exactly the same territory compared to Friday afternoon. As always, our rate tracking refers to top-tier 30-year fixed rates for the average lender. The absence of meaningful movement in the underlying bond market is a testament to an increasingl...Read More | ||
| Rates End Week Close Enough to Recent Lows | ||
| 4/24/2026 2:31 PM | ||
| With zero change versus Thursday"s latest levels, the 30yr fixed mortgage rate index maintained a 0.03% range for the entire week (and 0.04% going back to last Tuesday). At 6.32%, today"s mark is close enough to Friday"s 6.29% to say rates are hovering at the lowest levels in more than a month. The sideways drift reflects uncertainty surrounding t...Read More | ||
| Mortgage Rates Hold Steady For Most Lenders | ||
| 4/23/2026 1:41 PM | ||
| Thursday saw a continuation of the recent trend of very low volatility for mortgage rates. The average lender"s top-tier 30yr fixed rates were perfectly unchanged from yesterday and in the same narrow range as the past 7 business days (6.29-6.33%). Despite the uneventful outcome, there was some underlying market volatility mid-day following ...Read More | ||
| Mortgage Rates Maintaining a Tight Range Amid War-Related Uncertainty | ||
| 4/22/2026 2:22 PM | ||
| Rates remain focused on oil prices and war-related developments. With yesterday"s ceasefire extension and today"s ambiguity over the time frame of that extension, rates are in a distinct holding pattern until the next phase of escalation/de-escalation comes into better focus. For now, the market is generally betting on de-escalation as seen in sto...Read More | ||
| Highest Rates in a Week But There"s a Catch | ||
| 4/21/2026 1:49 PM | ||
| Technically and officially, today"s average top tier 30yr fixed mortgage rate is the highest since last Monday. The catch is that there hasn"t been much movement since then with the overall range being limited to 0.04%. Today"s jump was the largest upward movement during that time. There was some upward pressure on rates from stronger employ...Read More | ||
| Mortgage Rates Almost Perfectly Flat to Start New Week | ||
| 4/20/2026 2:21 PM | ||
| Despite some initial signs of volatility in financial markets over the weekend, the bond market managed to avoid losing much ground. Because bonds dictate mortgage rate movement, the average lender remained very close to Friday"s latest levels. MND"s rate index (a measure of top-tier 30yr fixed rates) rose by 0.01% which is the smallest incr...Read More | ||
| Lowest Rates in Over a Month Despite Small Move Today | ||
| 4/17/2026 3:06 PM | ||
| Today was a victory for mortgage rates, but not nearly as much of a victory as the underlying bond market would suggest. The good news is that the end result is the lowest average 30yr fixed rate in just over a month. The other news isn"t bad, per se, but it is a bit confusing. As we often discuss, mortgage rates are based on bonds be...Read More | ||