Here's today's one minute update of what happened with mortgage rates, housing and the economy: Here what happen with mortgage rates and housing 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.  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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  CAPACITY is the 2nd "C" of the 5-C's of Credit used by a lender in evaluating a mortgage loan for an approval.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  CHARACTER is the 1st "C" of the 5-C's of evaluating a mortgage loan for approval.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Here are the 5-C's of credit upon which every mortgage loan is evaluated... Character, Capacity, Collateral, Capital and Conditions.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Here's what is on this week's economic calendar that could move mortgage rates and possibly impact housing.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy: Good news... Mortgage delinquencies fall to the lowest level since September 2008 but that also means fewer existing homes coming to the market unless builders build more homes.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Yesterday's disappointing GDP number should keep rates low, which should benefit our housing market that thrives on low interest rates.

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.

Here's today's one minute update of what happened with mortgage rates, housing and the economy:  

Some good news for housing this week New Home Sales came in strong & Pending Home Sales came in slightly  better than the previous month. However, it was another volatile week for the stock  market primarily driven by concerns about  what  falling oil prices   could do to the US economy. While lower oil prices keeps inflation concerns in check & puts more mone in the pockets of consumers, unemployment is growing. We have already seen over 200,000 job layoffs in the oil sector & the concern is that it could spread to other  industries.  All this pushed  both the  stock  market  & mtg  rates lower. 

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called Today's Mortgage Minute, that covers what happened with mortgage rates, housing and the economy. This video appears on hundreds of radio, television and newspaper websites across the nation.  So that more people can receive this update, Mr. Lykken posts the audio part of the video at this site.   I welcome your feedback.

Here's today's one minute update of what happened with mortgage rates, housing and the economy: The latest New Home Sales report came in strong which confirms that homes sales are continuing to grow and that last month's slow down was because of a new mortgage regulation call TRID.

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called Today's Mortgage Minute, that covers what happened with mortgage rates, housing and the economy.   This video appears on hundreds of radio, television and newspaper websites across the nation.  So that more people can receive this update

Here's today's one minute update of what happened with mortgage rates, housing and the economy:   Who is the Federal Reserve and what do they do?

NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called Today's Mortgage Minute, that covers what happened with mortgage rates, housing and the economy.   This video appears on hundreds of radio, television and newspaper websites across the nation.  So that more people can receive this update, Mr. Lykken posts the audio part of the video at this site.  I welcome your feedback.