Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: There is not a lot of economic data on the economic counter this week however will be paying close attention to the treasury auctions in the first part of the week and then what the European Central Bank's intentions are as relates to their monetary policy and if there's any continue to pursue quantitative easing which could benefit our stock market and possibly hurt mortgage rates this week.
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.