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 Stage Decent Recovery of Post-Fed Losses | ||
| 6/18/2026 11:46 AM | ||
| Mortgage rates spiked yesterday after the Fed announcement. The primary driver was the Fed"s revised outlook for potential rate hikes later this year. Because the Fed Funds Rate governs ultra-short-term transactions (24hrs or less), it has the biggest impact on the shortest-term debt and a diminishing impact on longer term debt. While the typical ...Read More | ||
| Mortgage Rates Spike in Response to Fed | ||
| 6/17/2026 3:09 PM | ||
| Mortgage rates quickly erased a week of progress this afternoon following the Fed announcement and press conference. Fed announcement day historically has several components: the announcement itself, the summary of economic projections (SEP), and the press conference. Within the SEP, there is the dot plot showing each Fed member"s assumption...Read More | ||
| Mortgage Rates Lowest Since May 14th | ||
| 6/16/2026 2:56 PM | ||
| Today"s top tier 30yr fixed rate was 6.54% for the average lender. You"d have to go back to May 14th"s reading of 6.52% to see anything lower. The latest improvement follows another moderate drop in oil prices and bond yields as global markets digest the U.S./Iran peace deal. There"s still some risk that the deal doesn"t happen as is currently exp...Read More | ||
| Mortgage Rates Hit One-Month Lows | ||
| 6/15/2026 2:51 PM | ||
| The bad news: mortgage rates didn"t fall quite as much as one might have expected following the confirmation of the Iran peace deal. The good news: rates had already begun pricing in the peace deal last Thursday and it only took a modest improvement for the average lender to match the lowest level in exactly one month. For context, today"s M...Read More | ||
| Mortgage Rates Near Lowest Levels in Weeks | ||
| 6/12/2026 1:51 PM | ||
| Some national headlines are pointing out that mortgage rates are higher this week. Those are based on weekly survey data which can often be stale compared to daily rate movement. Actual average rates are now in line with last Thursday"s levels of 6.58% for top tier 30yr fixed scenarios. That"s just 0.02% higher than May 29th levels. You"d have to g...Read More | ||
| Rates Drop Sharply to One Week Lows | ||
| 6/11/2026 3:00 PM | ||
| Mortgage rates began the day in uneventful fashion with the average lender right in line with yesterday"s latest levels. Things might have gotten off to a slightly better start, but higher inflation in this morning"s econ data and discouraging war-related headlines put upward pressure on bond yields (yields and rates are technically the same thing ...Read More | ||
| Mortgage Rates Remain Almost Perfectly Flat | ||
| 6/10/2026 1:32 PM | ||
| There"s been remarkably little change in mortgage rates so far this week. Monday saw a modest increase vs Friday, but since then, there"s been essentially no change. Today"s rates were technically 0.01% lower than yesterday"s, but many lenders were perfectly unchanged. This is an acceptable result given the presence of high stakes economic data an...Read More | ||
| Mortgage Rates Hold Perfectly Steady | ||
| 6/9/2026 2:42 PM | ||
| Mortgage rates put an end to the most recent spike that followed last Friday"s jobs report. Most of the upward movement happened on Friday, but yesterday offered a modest aftershock. Those two days brought the top tier 30yr fixed rate up to 6.68 from 6.58 on Thursday. Today"s average remained perfectly flat at 6.68%. War-related headlines had peri...Read More | ||
| Mortgage Rates Just a Bit Higher After Last Week"s Jump | ||
| 6/8/2026 3:33 PM | ||
| The average top-tier 30yr fixed mortgage rate rose 0.08% last Friday after the jobs report came in much stronger than expected. Today added another 0.02% of upward movement. Today"s level of 6.68% is the 3rd highest of the past 9 months. Unlike Friday, there were no big-ticket economic reports driving volatility in rate markets. The only arguable ...Read More | ||
| Mortgage Rates Jump After Strong Jobs Report | ||
| 6/5/2026 1:29 PM | ||
| Over the past three months, mortgage rate movement has been driven primarily by developments in the Iran war. It"s not that war, itself, is a consideration, but rather the implications for fuel prices and inflation. Bonds care deeply about inflation and interest rates are based directly on bonds. When inflation isn"t raging (or at the risk of ragi...Read More | ||