Here's today's one minute update of what happened with mortgage rates, housing and the economy: This week, mortgage rates once again started moving lower.  Existing Home Sales came in fairly strong but New Home Sales were disappointing. This is surprising given these low mortgage rates and the shortage of housing inventory.

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:  New Home Sales fall as did Existing Home sales earlier in the week and this is in spite of falling rates which is as curious as it is unusual.

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: Is it a lack of inventory of homes for sale or is it a lack of buyers that is hurting Existing Home Sales?  It sure isn't that rates are too high.

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: It will not be mortgage rates but instead housing inventories, or a lack thereof, that will be the key to this month's existing home sales report.

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 impact  mortgage rates and 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:   Rates are back down well below 4% and as a result we are seeing an increase in the amount of refinance activity.

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:  Have mortgage rates hit the bottom and at risk of moving higher?  While it is possible that rates won't be moving much lower, it isn't anticipated that mortgage rates will be climbing higher any time soon.

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:   For the first time in six weeks, we saw mortgage rates begin to level off and not continue their move lower. Also, we saw  homebuilder conference slip as well as fewer housing starts than anticipated.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: The new home construction report was down yesterday and mortgage rates moved up slightly.

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: There was a nice stock market rally yesterday but unfortunately, we received disappointing economic news in that the NY Empire Manufacturing index and the Home Builder Survey came is below expectations.

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.