Tampa Bay Blogging

Weekly Blog Update from dana devine For the week ending January 23, 2009 Thank you for reading my Real Estate industry blog, the devine report. This is a summary of my newest blog entries from the past week. Publish Date: January 23, 2009Move-Up Homebuyers Face New Lending Challenges This SpringE...

When a homeowner sells his home and decides to buy a new one, there are 3 basic options for the residence -- sell it, keep it, or rent it. Unfortunately, no matter which path they choose, move-up homebuyers in need of a new conforming mortgage will find qualifying for a home loan to be more diffi...

Tuesday's bond market has opened well into negative territory despite early stock losses. The stock markets have also shown a weak opening with the Dow down 130 points and the Nasdaq down 40 points. The bond market is currently down 29/32, which will likely push this morning's mortgage rates high...

This holiday-shortened week brings us the release of only one monthly economic report for the markets to digest and it is not considered to be of high importance. This will likely leave the stock markets to be a major influence on bond trading and mortgage rates a good part of the week. Whether t...

Weekly Blog Update from dana devine For the week ending January 16, 2009 Thank you for reading my Real Estate industry blog, the devine report. This is a summary of my newest blog entries from the past week. Publish Date: January 16, 2009Mortgage Rates Are Falling But Loans Require More "Points"E...

Friday's bond market has opened down sharply following the release of mixed economic news and concerns about future sales of related securities. The stock markets are mixed with the Dow up 13 points and the Nasdaq down 3 points. The bond market is currently down 45/32, which will likely push this...

When Is A 5.000 Percent Mortgage Rate Really 3.600 Percent?   An oft-touted benefit of homeownership is its tax benefits.  However, like most IRS-related items, understanding how the benefits work is not always clear. In general, homeowners are entitled to two home-related tax deductions -- one f...

Tuesday's bond market opened in negative territory as traders prepare for the next three day's economic releases. The stock markets are showing minor gains with the Dow up 6 points and the Nasdaq up 14 points. The bond market is currently down 9/32, which will likely push this morning's mortgage ...

Tuesday's bond market opened in negative territory as traders prepare for the next three day's economic releases. The stock markets are showing minor gains with the Dow up 6 points and the Nasdaq up 14 points. The bond market is currently down 9/32, which will likely push this morning's mortgage ...

Home prices are largely based on Supply and Demand. If demand outweighs supply, home prices rise If supply outweighs demand, home prices fall It's good news for home sellers, therefore, that "used" homes for sale fell 6 percent nationally last month.  Less supply often means higher prices. Of th...