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Todays Mortgage Minute

Today's Mortgage Minute

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Today’s Mortgage Minute is hosted by David Lykken, a leading national financial expert. David is a frequent guest on FOX Business News with Neil Cavuto.

On-Demand Episodes

Here's what happen this week with mortgage rates and housing. Mortgage rates moved lower on weaker than expected economic data. Most concerning is that unemployment rose and job growth fell. NOTE TO LISTENER: Each day, David... more

Rents are now increasing at the fastest rate since the housing crisis in 2007. You think that this would be a motivating factor for those that are renting to buy home. However, the higher rates get the last renters have to say up for a down... more

Today we have the ADP payroll jobs report being issued and it is an indication of job growth in America. The reason we pay attention to this report is that it measures short-term job growth or job contraction within US labor market.... more

Good news for mortgage delinquencies. They are now down to the lowest level they been at since June 2008. While we have a little further to do, we are beginning to get close to the pre-housing crisis delinquencies. NOTE TO... more

On this week's economic calendar we start off with construction spending on Monday as well as Institute for supply managers index. Then on Wednesday, we received the ADP payroll change report to see the number of net new paychecks... more

With 10,000 baby boomers reaching retirement age each day, normally would see them selling their homes and downsize. However, that's not happening because the kids of baby boomers are not able to find jobs and are moving back home... more

With home values going up 27.5% since the housing crisis, some housing observers believe we could be in a housing bubble. I challenge that because there remains a very strong buyer demand trying to purchase a limited supply of... more

This week we saw the new home sales numbers come in below the previous months as well as pending home sales numbers were below expectations. Pending home sales reflect where home sales activity may be heading.... more

The reason being given for recent home sales reports coming in below expectations is because of a lack of inventory of homes for sale in the market. Here's a link to a website that challenges this assertion and I encourage you to... more

There are three main home sales reports, existing homes, new home sales and today's Pending Home Sales Report, which provides us the best insight into where home sales are at this moment in time. NOTE TO LISTENER: Each day,... more

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