Mortgage Industry expert Barry Habib recently appeared on FOX Business to talk about recent housing numbers and what consumers should be looking for in the housing market today. While no one has a crystal ball, this video clip gives a good snapshot of where the mortgage & real estate markets have been and may be heading.

For more information view this 7 minute video which explains the connection between interest rates & mortgage backed securities. For those who monitor interest rates - this video highlights why one cannot rely on the media! It also describes how the Federal Reserve works - and what they are doing to keep interest rates low.