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Troy Evans
President, Owner, Cinch Home Loans
President, Owner
Cinch Home Loans
View My License Information
11576 S State St #101A Draper, UT 84020
CONTACT ME
Contact Me
8019994417
troy@cinchhomeloans.com
www.cinchhomeloans.com
troy@cinchhomeloans.com
www.cinchhomeloans.com
CONTACT ME
Recent News
All-Time Low Mortgage Rates!
5/15/2020
The Truth About Skipping Mortgage Payments (And The Consequences)
5/8/2020
Mortgage Rates Are Super Low, But Not For Everyone
5/1/2020
In Response to Mortgage Market Concerns, Government Says "Take a Number!"
4/24/2020
Mortgage Market Still Waiting For Help
4/17/2020
Finally a Glimmer of Hope For Mortgage Market Chaos
4/10/2020
Are We In The Midst of Another Mortgage Meltdown?
4/3/2020
Who Broke The Mortgage Market And When Will It Be Fixed?
3/27/2020
Mortgages Make The Fed Angry. You'd Like Them When They're Angry
3/20/2020
Wildest Week For Mortgage Rates, Ever (Seriously)
3/13/2020
Mortgage Market in Chaos. What You Need To Know
3/6/2020
Why Can't Mortgage Rates Keep Up With Record Low Treasury Yields?
2/28/2020
2020 Refi Boom Surpasses 2016's And It's Still Growing
2/21/2020
Higher Stocks and Lower Rates. Who's Lying?
2/14/2020
2020 Refi Boom is Official, But For How Long?
2/7/2020
Lowest Mortgage Rates Since 2016
1/31/2020
How Coronavirus is Helping Housing
1/24/2020
Is The Housing Market Booming Again?
1/17/2020
Housing Starting Strong in 2020
1/10/2020
Mortgage Rates Start 2020 on Strong Note
1/7/2020
Does Housing Market Care About Impeachment?
12/20/2019
Trade Deal Rocks Markets, But There's a Catch
12/13/2019
2019: The Year Of The Trade War
12/5/2019
Good Times Rolling For Housing; How Long Will It Last?
11/22/2019
Many Credible Sources Are Dead Wrong About Rates
11/15/2019
Rates at 3-Month Highs and They Could Go Higher
11/8/2019
What's Behind This Week's Big Drop In Rates?
11/1/2019
Is It Time To Worry About Rising Rates?
10/25/2019
Why Do Rates Care About Brexit?
10/18/2019
The Trade Deal Just Made Your Mortgage Rate Higher, But There's a Catch
10/11/2019
Don't Believe The News on Mortgage Rates
10/4/2019
Housing Market Ended Summer With a Bang
9/27/2019
ONCE AGAIN: THE FED DOESN'T SET MORTGAGE RATES!
9/20/2019
Worst Week For Rates in 6 Years. Fed Rate Cut Won't Help
9/13/2019
Best Year For Rates Since 2002, How Low Can They Go?
9/6/2019
Let's Shatter Some Housing/Mortgage Misconceptions
8/30/2019
No Rest For Refi Boom as Tweets Trump Fed
8/23/2019
New Refi Boom Kicking Into Higher Gear
8/16/2019
Lowest Rates Since 2016, But Why Aren't They Lower?
8/9/2019
The Fed Did NOT Cut Mortgage Rates, But Trump Tried!
8/2/2019
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
7.37%
-0.04
--
15 Yr. Fixed
6.82%
-0.02
--
30 Yr. FHA
6.82%
-0.06
--
30 Yr. Jumbo
7.55%
-0.05
--
5/1 ARM
7.42%
-0.08
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
7.24%
+0.11
0.66
15 Yr. Fixed
6.75%
+0.11
0.64
30 Yr. FHA
7.01%
+0.11
0.94
30 Yr. Jumbo
7.45%
+0.05
0.56
5/1 ARM
6.64%
+0.12
0.87
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
7.22%
-0.22
0.00
15 Yr. Fixed
6.47%
-0.29
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 5.5
97.86
+0.36
UMBS 6.0
99.78
+0.32
UMBS 6.5
101.42
+0.34
GNMA 5.5
98.61
+0.25
GNMA 6.0
100.74
+0.26
GNMA 6.5
101.63
+0.13
US Treasuries
Yield
Change
2 YR
4.874
-0.087
5 YR
4.572
-0.079
10 YR
4.580
-0.055
30 YR
4.729
-0.022
Pricing as of:
5/2 5:04PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Apr 24
196.7
-2.67%
Building Permits
Mar 1
1.46M
-3.95%
Housing Starts
Mar 1
1.32M
-13.15%
New Home Sales
Mar 1
693K
4.68%
Pending Home Sales
Feb 1
75.6
1.75%
Existing Home Sales
Feb 1
3.97M
-0.75%
Builder Confidence
Mar 1
51
6.25%
Economic Calendar
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