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 Edge Higher Today, But Lower on The Week | ||
| 4/17/2025 1:35 PM | ||
| Mortgage rates managed to make a nice amount of progress this week after hitting the highest levels in roughly 2 months last Friday. The first 2 days of the week brought the most meaningful improvement and it"s been slow going since then. In fact, today ended up going slowly in the other direction with the average lender moving slightly higher in ...Read More | ||
| Mortgage Rates Extend Winning Streak as Familiar Pattern Returns | ||
| 4/16/2025 2:29 PM | ||
| As markets digested implications of several fiscal policy changes over the past 2 months, a predictable trading pattern emerged. Stocks and interest rates moved lower together. This isn"t always the way things work, but it is typical during moments where investors are rapidly shedding risk and seeking safer havens. The pattern broke down last week...Read More | ||
| Mortgage Rates Continue Lower Amid Calmer Financial Markets | ||
| 4/15/2025 2:50 PM | ||
| Financial markets experienced relatively extreme volatility on several occasions following the April 2nd tariff announcements. The bonds that underlie mortgage rates were no exception, thus pushing rates higher at one of the fastest weekly paces in years. Things have been calmer so far this week, with the first two days looking more like a t...Read More | ||
| Mortgage Rates Fall Back Below 7% | ||
| 4/14/2025 2:18 PM | ||
| Last Friday was notable in that it was the first day since February 19th where the average top tier 30yr fixed mortgage rate ended the day over 7%. Last week was also notable for ranking among the more abrupt weeks for rising rates over the past few years. Things are getting off to a friendlier start in the present week with the 30yr fixed rate in...Read More | ||
| Mortgage Rates Jump Back Above 7% | ||
| 4/11/2025 3:16 PM | ||
| It has undoubtedly been an extremely volatile week for financial markets and that includes the U.S. bond market to be sure. As an example, the poster child for the U.S. bond market, the 10yr Treasury, saw its biggest week-over-week increase since 1981. As we often discuss, mortgage rates are based on bonds that share many similarities ...Read More | ||
| Mortgage Rates Are Actually MUCH Higher This Week | ||
| 4/10/2025 2:50 PM | ||
| This article is not intended to report on the weekly Freddie Mac rate survey, but we"ll have to reference it in order to participate in reality. To be fair, Freddie"s survey is perfectly real, but it"s unfortunately quite stale. That isn"t always a problem, but it is today. Freddie reports that this week"s mortgage rates fell to 6.62 from 6.64. ...Read More | ||
| Wild Ride For Mortgage Rates, Should Spill Into Tomorrow Too | ||
| 4/9/2025 3:29 PM | ||
| For anyone remotely tuned into financial news, it will come as no surprise that this has been a crazy week and today has been a crazy day. This is just as true for stocks as it is for the bond market that dictates interest rate movement. Overnight, stocks and bonds both deteriorated substantially. When it comes to bonds, that means pri...Read More | ||
| Mortgage Rates Surge to Highest Levels Since February | ||
| 4/8/2025 3:43 PM | ||
| While no one can be sure exactly how things will pan out in the long run, the market is currently expressing extreme disapproval of the new tariff plans. While interest rates had previously benefited from some of the chaos in the stock market, that ship has sailed. Now, both sides of the market are losing ground (stocks lower, rates higher). ...Read More | ||
| Worst 24 Hours For Rates So Far This Year | ||
| 4/7/2025 4:00 PM | ||
| Tariff volatility giveth and taketh from interest rates. Up until Friday afternoon, it"s been mostly "giveth-ing." In other words, the prospect of trade wars between the US and numerous foreign countries has generally caused weakness in the stock market and strength in the bond market (stronger bonds = lower rates). That pattern ...Read More | ||
| Rate Rally Reverses, But Focus on Bigger Picture | ||
| 4/4/2025 3:29 PM | ||
| This week is ending with the average top tier 30yr fixed mortgage rate at its lowest level since early October, 2024. The only way to be disappointed about that would be to focus on the fact that rates were even lower this morning. Rates fell sharply due to the market"s ongoing reaction to Wednesday"s tariff announcement and especially due to Chin...Read More | ||