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 Sideways to Slightly Lower | ||
| 3/10/2026 2:38 PM | ||
| Today"s mortgage rates are lower when compared to yesterday"s average prior to 4pm ET. Later in the afternoon, multiple lenders announced improvements as the bond market rallied in response to geopolitical headlines. If we use those later, lower rates as a baseline, today"s average is roughly unchanged. There were no major economic reports today--...Read More | ||
| Mortgage Rates Finish Flat After Starting Higher | ||
| 3/9/2026 1:24 PM | ||
| Mortgage rates began the day at the highest levels in a month. The move up versus Friday was only moderate, but Friday"s levels were already fairly close to early Feb"s highs. Oil prices continue putting upward pressure on rates, but with several caveats. It takes quite a big move in oil to motivate enough movement in the bond market to impact mor...Read More | ||
| Volatile Crosscurrents Keep Mortgage Rates Relatively Flat | ||
| 3/6/2026 2:24 PM | ||
| Before this morning"s jobs report was released, mortgage rates were on track to end the week at their highest levels in several weeks. This was due to an ongoing mega-spike in oil prices spilling over to the bond market (higher oil = higher inflation implications, and bonds hate inflation). The jobs report saved the day, albeit in a morbid way. It...Read More | ||
| Mortgage Rates Bounce Back Up Near Recent Highs | ||
| 3/5/2026 2:02 PM | ||
| Mortgage rates bounced back up today as the underlying bond market continued the selling trend seen on 3 out of 4 days so far this week. In the overnight hours, bond yields (which generally correlate with mortgage rates) moved higher in concert with rising oil prices. That said, it would be a mistake to assume this is the only correlation in...Read More | ||
| Mortgage Rates Move Back Down Despite Stronger Data | ||
| 3/4/2026 2:31 PM | ||
| Economic data is one of the few consistent sources of motivation for interest rates in the mortgage world and beyond. In general, stronger data tends to push rates higher and vice versa. But in today"s case, that correlation didn"t pan out. The first of today"s two important economic reports was ADP Employment. It was just barely stronger than exp...Read More | ||
| Mortgage Rates Recover Moderately After Starting at 3-Week Highs | ||
| 3/3/2026 2:21 PM | ||
| After spending the entirety of last week calmy holding the lowest levels in more than 3 years, mortgage rates jumped sharply higher yesterday. That said, everything"s relative. Even after that "sharp" increase, the average rate was still one of the lowest in years apart from last week. There was slightly more cause for concern this morning as the ...Read More | ||
| Mortgage Rates Jump Back Into The 6"s | ||
| 3/2/2026 2:19 PM | ||
| Mortgage rates began the new week with a fairly quick jump back into the low 6% range (top tier 30yr fixed rate for the average lender). With the news cycle very focused on developments in Iran, most coverage attempts to correlate geopolitical events with market movement. The only legitimate way to do this would be to say that upward pressure on o...Read More | ||
| Mortgage Rates End Week at Best Levels | ||
| 2/27/2026 12:56 PM | ||
| At this point, it is getting a bit repetitive to bring up "the lowest rates in more than 3 years"--something that was officially the case twice this week. If we give rates credit for stably holding these long-term lows (and we should!), then every day this week has been the best in more than 3 years. Here"s the specific record: at no other time in...Read More | ||
| Best Week For Mortgage Rates in Years | ||
| 2/26/2026 2:42 PM | ||
| Given that we have the somewhat unpopular job of reporting that today"s average top-tier 30yr fixed mortgage rate is 6.00 again, rather than the 5.99 seen earlier this week, we can at least find one glowingly positive development as a silver lining. In fact, the silver lining is more than a consolation prize. It"s actually better news than another...Read More | ||
| Mortgage Rates Mostly Holding Long-Term Lows | ||
| 2/25/2026 2:37 PM | ||
| It may not be as glamorous as being able to say mortgage rates are "in the 5s," but at 6.00%, today"s MND rate index is a mere 0.01% higher than yesterday"s multi-year low. For all practical purposes, this means the average borrower will see almost exactly the same rates as yesterday. In many cases, the quotes will be exactly the same.&...Read More | ||