Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Pending Home Sales  came in much lower than expected in spite of mortgage rates being at near historic low's.   Good news is that we saw mortgage rates continue to move lower again today.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds of radio, television and newspaper websites across the nation and is seen by millions of consumers each month.  In addition to the video, David has agreed to post the audio version of this video on this site so more people could receive this important information.  David welcomes your feedback.