Troy Evans's (cinchhomeloans) Blog

After a wild Monday set the tone for a volatile week for financial markets, mortgage rates end the week only slightly worse than where they started. If you are buying or refinancing your mortgage in the next 30 days, please shop your mortgage with us. Free rate and fee quote available online at C...

Interest rates have had a bumpy month of May, but appear to be settling down over the last week. Overall, rates are still amazing!30 Year Fixed Rate Conventional Loan3.625% Rate, 3.684% APR, $1,459.36 P&I Payment, $2,789.80 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, $389.80 T...

Rate update for May 8, 2015.  30 Year Fixed Rate Conventional Loan3.625% Rate, 3.655% APR, $1,459.36 P&I Payment, $1,663.40 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, $784.60 TOTAL LENDER CREDIT 3.875% RATE, 3.875% APR, $1,504.76  P&I Payment, $3,402.20 TOTAL LENDER CREDIT 15...

Rate update for April 20, 2015.  30 Year Fixed Rate Conventional Loan3.5% Rate, 3.537% APR, $1,436.94 P&I Payment, $1,954.60 TOTAL LENDER FEES 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $1,661.40 TOTAL LENDER CREDIT 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, $3,914.20 TOTAL LENDER CREDIT ...

Rate update for April 15, 2015. Rates are at/near month lows. It’s a great time to lock in a low fixed rate loan.  30 Year Fixed Rate Conventional Loan3.5% Rate, 3.553% APR, $1,436.94 P&I Payment, $2,588.20 TOTAL LENDER FEES 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $1,354.20 TOTAL LENDER C...

Rate update for April 8, 2015. Rates are still great! 30 Year Fixed Rate Conventional Loan3.5% Rate, 3.566% APR, $1,436.94 P&I Payment, $3,071.40 TOTAL LENDER FEES 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $313.00 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, -$1,834.20 TO...

Rate update for April 2, 2015. Focus is on tomorrow’s BLS NFP Jobs Report. Rates are sure to move from their current levels in the next few days.   30 Year Fixed Rate Conventional Loan 3.5% Rate, 3.555% APR, $1,436.94 P&I Payment, $2,645.80 TOTAL LENDER FEES 3.625% Rate, 3.625% APR, $1,459.36 P&I...

Rate update for March 31, 2015. Month and quarter end bond buying has lowered rate pricing slightly again. Important economic data reports combined with the upcoming holiday weekend and early market closure on Friday present risks for rising rates. Please watch rates closely over the next few day...

Rate update for March 27, 2015.    30 Year Fixed Rate Conventional Loan 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $489.00 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, -$1,818.20 TOTAL LENDER CREDIT   15 Year Fixed Rate Conventional Loan 2.875% Rate, 2.921% APR, $2,190.67 ...

Rate update for March 26, 2015.    30 Year Fixed Rate Conventional Loan 3.625% Rate, 3.625% APR, $1,459.36 P&I Payment, $73.00 TOTAL LENDER FEES 3.75% RATE, 3.75% APR, $1,481.97 P&I Payment, -$2,071.00 TOTAL LENDER CREDIT   15 Year Fixed Rate Conventional Loan 2.875% Rate, 2.893% APR, $2,190.67 P...