13-06-2019 20:50 via ocregister.com

Experian Boost may help risky borrowers buy a home

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 rate averaged 3.82%, unchanged from last week. The 15-year fixed rate averaged 3.26%, down 2 basis points from last week.
Making up for last week’s meager 1.5% increase, the Mortgage Bankers Association reported a 26.8% increase in loan application volume this week.
Bottom line: Assuming a borrower gets th
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