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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.

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With rates once again this low, is it time to refinance? Yes, possibly if you can reduce your interest rate by at least 3/8th's of a percent. But do a side-by-side comparison of a no-cost or low-cost refinance option vs. a full cost refinance... more

This week we got a lot of economic data. Weekly unemployment claims came in again below 300,000 for the 58th consecutive week. we had three treasury auctions two of which were strong which helps the interest rates at the lower... more

Federal Reserve officials can send mixed messages when they speak off the record. These comments are oftentimes inconsistent with what they say on the record. This can cause for interest rate volatility because the markets are not... more

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... more

Mortgage rates are back down to the lowest levels they been at since 2013. But will they stay at these levels? We should get some insights from the US treasury auctions that would be taking place this week. NOTE TO LISTENER: Each day,... more

This week we have a number of US Treasury Auctions as well as the Consumer Price Index (CPI), retail sales and jobless claims. But what is going to be of most interest is what the Fed Beige Book reveals on Wednesday. NOTE TO... more

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: A little known economic statistic call Household Formation is one of the key factors to a healthy housing... more

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: Here are four reasons why the Federal Reserve will most likely keep rates at these levels... 1) Weak... more

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: This week, the focus was on the Federal Reserve and whether or not there were to raise... more

Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: It is encouraging to see the Labor Participation Rate improving in our country as it means A greater... more

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