2020 may be a good time to build a granny flat

What’s up with mortgage rates? Jeff Lazerson of MortgageGrader.com gives us his take.
Rate news summary
From Freddie Mac’s weekly survey: The 30-year fixed-rate averaged 3.68%, unchanged from last week. The 15-year fixed-rate averaged 3.14%, down 1 basis point from last week.
The Mortgage Bankers Association reported a 9.2% decrease in loan application volume from the previous week.
Bottom line: Assuming a borrower gets the average 30-year fixed rate on a 2020 conforming $510,400 loa