Based on comments by a number of Federal Reserve officials, we can anticipate mortgage rates moving higher later this year.   this explains why many are taking advantage of these mortgage rates, the lowest since 2013.

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.