Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  In recent months, the Labor Participation Rate has been improving which is good for the economy but this could result in mortgage rates to starting to move higher so consider taking advantage of these rates at these levels.

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 and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s Mortgage Minute that appears on hundreds of radio, television and newspaper websites across the United States and can be seen by millions of consumers each month. David welcomes your feedback in the comment section below.