Wildfire victims get extra time for mortgage payments
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 remains unchanged from last week’s average rate of 4.94 percent. The 15-year fixed increased 3 basis points, averaging 4.36 percent.
The Mortgage Bankers Association reported a 4 percent decrease in loan application volume from the previous week.
Bottom line: Assuming a borrower gets the average
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