Getting a granny flat loan is easy peasy

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 3.73%, up 5 basis points from last week. The 15-year fixed-rate averaged 3.19%, also up 5 basis points.
The Mortgage Bankers Association reported a 3.8% increase in loan application volume from the previous week.
Bottom line: Assuming a borrower gets the average 30-year fixed rate on a 2020 conforming loan of $510,40