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Mortgage Rates Continue Streak of Record-Breaking Lows

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    FBN's Melissa Francis breaks down mid-afternoon market news

  • Duration 1:00
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I'm Melissa Francis Xavier Fox Business -- mortgage rates continue his streak of record breaking below the average rate on the thirty year mortgage.

Is now 3.4 9% that is more than a full percentage point lower than just a year ago.

But lower mortgage rates don't appear to be enough of an incentive for people to buy a home pending home sales unexpectedly fell one point 4% in July.

-- figures were also revised lower.

And if you're having trouble tweeting today you're not alone users around the world.

Have been experiencing outages to their accounts I know Twitter says there engineers are currently working to resolve the problem has.

It's been very unfriendly outage considering the Olympics begins tomorrow.

Twitter has struck a big deal with NBC and are still trying to provide its reliability and legitimacy.

Some users here in the US.

Are able to access the site again and that's the latest from the Fox Business Network giving --