Today's Mortgage Minute

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 issued. We have a number of other manufacturing sector reports as well as jobs and earnings data coming out throughout the week all of which could impact mortgage 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 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.