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Florida Mortgage Rate Update 3-8-2009

Subject: Florida Rate Advisory - 03/08/2009 There is a release of three economic reports that will affect the bond and St. Petersburg, Florida mortgage markets. All of the data will be posted late in the week. One three reports is considered to be of high importance to the Florida mortgage rates, ...

Florida Mortgage Rate Update 3-6-2009

Thursday's bond market has opened positive because of early stock weakness. The major stock indexes are showing big losses after yesterday's rally. The Dow is currently down over 200 points while the Nasdaq is down over 40 points. There will likely be an improvement in this morning's Florida mortgage rates ...

Florida Mortgage Rates 3-3-2009 Update

Yesterday's bond market opened positive following significant losses in the stock market. Yesterday morning, Florida mortgage rates and St. Petersburg mortgage rates improved by approximately .375 of a discount point. There were two pieces of economic data released yesterday and both showed stronger than expected results. The first was January's Personal ...

Florida Mortgage Rate Update 2-26-2009

Thursday's bond market opened in negative territory- yesterday afternoon's selling continues. The stock markets are showing gains- the Dow is up 112 points and the Nasdaq up 11 points. The bond market is currently down 24/32, which will likely push this morning's Florida and St. Petersburg mortgage rates .250 of ...

Florida Mortgage Daily Rate Lock Recommendation 2-17-2009

Tuesday's bonds have opened positive up from yesterday as economic concerns and stock weakness have brought bonds into favor this morning. The Dow is down 243 points-the Nasdaq has lost 43 points. The bond market is currently up 58/32, but we will likely see an improvement of .250 - .375 ...

February 9th Daily Lock Recommendation

Daily Rate Lock Recommendation - 02/09/2009 Yesterday's bond market opened negative territory. The bond market went down 10/32, which pushed yesterday morning's Florida mortgage rates and St. Petersburg mortgage rates higher by approximately .125 of a discount point. Three pieces of economic data are scheduled to be posted this week along with ...

Mortgage Rates St Petersburg Florida 2-6-2009

Friday's Florida mortgage rates have opened in negative territory even though there has been a release of a fairly concerning Employment report. The stock markets are reacting favorably to the news with the Dow Jones up 180 points and the Nasdaq up 30 points. The bond market is currently down ...

Tampa Mortgage Rates 1st Week February 2009

Subject: St. Petersburg/Tampa Mortgage rate stats. 2-05-09 There were two bits of relevant economic news that came out yesterday morning. The First report was December's Personal Income and Outlays report that revealed a 1% drop in spending and a 0.2% drop in personal income. Experts predicted a 0.4% decline in income and ...

Florida Mortgage Rates Bond Market Update 1-27-2009

Yesterday's Florida mortgage rates fell slightly after the morning's economic news failed to give any major surprises. The bond market went up 6/32, which kept Florida mortgage rates near Monday's levels. January's Consumer Confidence Index (CCI) was posted late yesterday morning, revealing a reading of 37.7. This was lower than expected but ...

Bond Market Update For January 2009

Last Week's bond market opened in negative territory as investors continued to fret about upcoming debt sales. The stock markets rebounded somewhat from Tuesday's sell-off. The bond market was down 15/32, which pushed yesterday morning's Florida mortgage rates higher by another .250 discount point. The New Home Starts report came out ...