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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
Big Spike in Mortgage Rates and Big Changes in Housing Data
4/21/2016
Earnings Season Threatening Interest Rate Rally
4/15/2016
The Real Reason Mortgage Rates Are Near 3-Year Lows
4/7/2016
The Paradox of Central Banks and The Mortgage Market
3/31/2016
Jury Still Out on Rising Rates and Housing Downturn
3/24/2016
Housing Market Catching a Much-Needed Break
3/17/2016
Mortgage Rate Outlook Staying Scary
3/10/2016
Could This Be The Big Bounce For Rates?
3/4/2016
Volatility Means What You See Is Not Necessarily What You Get
2/25/2016
What Does This Week’s Rate Spike Mean?
2/18/2016
Lowest Rates in Over a Year. What Now?
2/11/2016
Predicting Rising Rates is a Very Dangerous Game
2/4/2016
2016’s Wild Ride Already Over or Just Getting Started?
1/28/2016
Oil and Stocks Continue Dominating Interest Rate Markets
1/21/2016
Just How Much Do Stocks Matter For Rates?
1/14/2016
Why Mortgage Rates are Defying the Data
1/8/2016
Housing Market Has Plenty to Consider in 2016
12/31/2015
New Mortgage Rules Already Leaving Mark on 2015
12/24/2015
Fed Finally Hikes. Mortgage Rates Fall. Wait... What?!
12/17/2015
Fed Rate Hike Next Week. Do We Care?
12/10/2015
Mortgage Rate Volatility Back From Vacation
12/3/2015
Mortgage Rates and Housing Trends Suggest Nervous Markets
11/25/2015
Mortgage Rates and Housing Consolidate Ahead of Holidays
11/19/2015
Why Are Rates Suddenly at 4-Month Highs?
11/12/2015
No Reprieve For Mortgage Rates as Fed Doubles Down
11/5/2015
Don’t Believe Everything You Read About Rates
10/29/2015
Housing Remains a Bright Spot as Rates Defy Consensus
10/22/2015
Renewed Hopes For Low Rates, But With a Price
10/15/2015
Rates Moving Back Up After 5-Month Lows
10/8/2015
TRID Arrives Amid Falling Rates and Looser Guidelines Elsewhere
10/1/2015
Rates Battle Back to 4-Month Lows as New Home Sales Surge
9/24/2015
Rate-friendly Fed and Easier Credit Bode Well for Housing
9/17/2015
Will Next Week’s Fed Announcement Live up to the Hype?
9/10/2015
Quiet Week For Housing as Market Volatility Looms
9/3/2015
Housing Data Stays Strong, but Massive Market Volatility Steals the Show
8/27/2015
No Shortage of Good News For Housing Markets
8/20/2015
Lowest Mortgage Rates in 3 Months, Thanks China!
8/13/2015
Is Housing Turning a Corner or Just Taking a Break?
8/6/2015
The 2 Components of Mortgage Rates: Upfront Cost and the Rate Itself
8/4/2015
Time to Consider Big Picture Shifts in Housing and Rates
7/30/2015
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Average Mortgage Rates
Mortgage News Daily
MBA
Freddie Mac
Rate
Change
Points
30 Yr. Fixed
5.33%
+0.06
--
15 Yr. Fixed
4.65%
+0.07
--
30 Yr. FHA
4.72%
+0.04
--
30 Yr. Jumbo
4.70%
+0.02
--
5/1 ARM
5.50%
+0.05
--
Source: Mortgage News Daily
Rate
Change
Points
30 Yr. Fixed
5.74%
-0.08
0.61
15 Yr. Fixed
4.95%
+0.07
0.67
30 Yr. FHA
5.54%
+0.04
0.85
30 Yr. Jumbo
5.32%
+0.01
0.43
5/1 ARM
4.67%
+0.07
0.76
Source: The Mortgage Bankers Association
Rate
Change
Points
30 Yr. Fixed
5.22%
+2.12
0.70
15 Yr. Fixed
4.59%
+2.20
0.70
5/1 ARM
4.43%
+1.94
0.00
Source: Freddie Mac
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Market Data
MBS
Price
Change
UMBS 3.5
97.83
+0.27
UMBS 4.0
99.75
+0.20
UMBS 4.5
101.06
+0.19
GNMA 3.5
98.91
+0.23
GNMA 4.0
100.66
+0.19
GNMA 4.5
101.56
+0.19
US Treasuries
Yield
Change
2 YR
3.251
+0.024
5 YR
2.965
-0.027
10 YR
2.842
-0.047
30 YR
3.114
-0.067
Pricing as of:
8/12 5:05PM
EST
Recent Housing Data
Value
Change
Mortgage Apps
Jul 27
276
-1.81%
Building Permits
Jun 1
1.69M
-0.59%
Housing Starts
Jun 1
1.56M
0.65%
New Home Sales
Apr 1
591K
-22.54%
Existing Home Sales
Jun 1
5.12M
-5.36%
Builder Confidence
Jul 1
55
-17.91%
Economic Calendar
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