Self-employed can get seconds and HELOCS with bank statements

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 4.57 percent, down 5 basis points from last week’s 4.62 percent. The 15-year fixed averaged 4.04 percent, down 3 basis points from last week’s 4.07 percent.
The Mortgage Bankers Association reported loan application volume increased 5.1 percent from the previous week.
Bottom line: Assum