Dead people on title, trust issues can derail mortgages

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.
Rate news summary
From Freddie Mac’s weekly survey: The 30-year fixed averaged 4.40 percent, up 2 basis points from last week’s 4.38 percent, marking the seventh straight week of rising rates. The 15-year fixed averaged 3.85 percent, 1 basis point higher than last week’s 3.84 percent.
The Mortgage Bankers Association reported a 6.6 percent decrease in loan application volum