Tracy Pham, NMLS #2063463, FL Mortgage Broker & Realtor

Tracy Pham, NMLS #2063463, FL Mortgage Broker & Realtor Licensed Realtor and Mortgage Loan Originator, NMLS #2063463.

WASHINGTON — Homebuying in 2026 thus far has been showing signs of a buyer-friendly market despite the recent uptick in ...
04/01/2026

WASHINGTON — Homebuying in 2026 thus far has been showing signs of a buyer-friendly market despite the recent uptick in mortgage rates.

Real Estate News acknowledged its Home Price Index was down 0.2% in February compared to the year before, marking the first year-over-year decline since 2012. But what about those tax breaks for potential purchasers? Below is a list to be aware of:

Mortgage interest deduction

To obtain an interest deduction for their mortgage, a person is required to itemize their tax return.

The mortgage interest deduction is a tax incentive for homeowners and lets you reduce your taxable income for the amount you've paid in mortgage interest during the year.

"Deductible mortgage interest is interest you pay on a loan, secured by a main home or second home, that was used to buy, build, or substantially improve the home," according to TurboTax.

Starting eight years ago, the maximum amount of debt is limited to $750,000. Mortgages that existed as of December 15, 2017, will continue to receive the same tax treatment as under the old rules.

Home equity loan interest deduction

Next to the mortgage interest deduction, homebuyers can also look into the option of a home equity loan interest deduction.

"The home equity loan interest deduction allows you to deduct the interest paid on qualifying home equity loans or lines of credit (HELOCs) from your taxable income," says Jackson Hewitt.

The subtraction can provide significant savings. However, to qualify for the deduction, the homebuyer/owner must meet the IRS's requirements.

Home office deduction

Homebuyers can also look for a home office deduction if they use part of their house for business purposes.

Qualifications for this deduction include:

Home office must be used for your self-employment
Gig work
Contracting
Employees are not eligible to claim the deduction.

Real estate tax deduction

The real estate tax deduction allows homebuyers or homeowners to subtract up to $10,000 of state and local taxes, including property taxes and the choice of income or sales taxes.

Capital gain exclusion

Regarding capital tax exclusion, homeowners may exclude from taxable income up to $250,000 ($500,000 for joint filers) of capital gains on the sale of their homes.

© 2026 WFLA, Nexstar Broadcasting, Inc. All rights reserved.

https://www.floridarealtors.org/news-media/news-articles/2026/03/key-tax-perks-tied-homeownership

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For your mortgage need or a preapproval please let me know if I can help in anyway

Tracy: 904.570.2930
[email protected]

WASHINGTON – Prospective homebuyers who have invested in certain cryptocurrencies will be able to use their holdings as ...
03/31/2026

WASHINGTON – Prospective homebuyers who have invested in certain cryptocurrencies will be able to use their holdings as collateral to fund their down payment on a home as part of a new mortgage offering.

Real estate services company Better Home & Finance Holding Co. plans to roll out the crypto-backed mortgage sometime in the next three months in a partnership with crypto trading platform Coinbase, the companies said in a press release Thursday.

“Better was founded to make homeownership more accessible for all Americans, and this partnership with Coinbase introduces a new pathway to realizing the American Dream for the 52 million Americans who own digital assets,” said Vishal Garg, Better’s CEO, said in the release.

Use of cryptocurrency for buying a home remains generally limited. Among the respondents in a National Association of Realtors® survey of people who bought a home between July 2024 and June 2025, only 1% of those who made a down payment said they used proceeds from the sale of crypto.

However, the crypto-backed mortgage from Better would not require borrowers to sell their crypto investments to fund their down payment. Instead, borrowers who qualify for the mortgage would only have to pledge such holdings and transfer them to Coinbase as collateral for their down payment.

This allows the crypto investor to not have to lose out on potential future gains in the value of their crypto the way they would if they sold their holdings for cash.

Should their crypto drop in value, the mortgage terms remain unchanged and no additional collateral is required, the companies noted in the release. However, borrowers’ crypto collateral would be at risk of liquidation if they fail to make their mortgage payments for 60 days.

The only type of cryptocurrencies that borrowers will be able to offer up as collateral for Better’s crypto-back mortgage are Bitcoin and USDC, a type of cryptocurrency typically bought and sold for $1, the companies said.

Better noted that the crypto-backed mortgage is “designed in accordance with Fannie Mae guidelines.” That means they can be guaranteed by the mortgage giant, which makes them eligible for “significantly lower interest rates,” than those of other crypto-backed loans, the companies said.

Fannie Mae and Freddie Mac, which have been under government control since the Great Recession, buy mortgages that meet their risk criteria from banks, which helps provide liquidity for the housing market.

Banks seeking to make mortgages that qualify for purchase by the mortgage giants have not typically considered a borrower’s crypto holdings until they were sold, or converted, to dollars.

Last June, the head of the Federal Housing Finance Agency, which oversees Fannie and Freddie, ordered the agencies to prepare a proposal for consideration of crypto as an asset for reserves when they assess risks in single-family home loans.

Shares in Better Homes & Finance Holding rose 5.4% Thursday. Coinbase fell 4.3%.

Copyright 2026 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

Crypto Moves Into Home Financing
https://www.floridarealtors.org/news-media/news-articles/2026/03/crypto-moves-home-financing

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Tracy 904.570.2930
[email protected]

Happy Monday !!! 3.23.2026MORTGAGE RATES UPDATE In case you are wondering….Rates have gone UP a bit today comparing to...
03/23/2026

Happy Monday !!! 3.23.2026
MORTGAGE RATES UPDATE
In case you are wondering….

Rates have gone UP a bit today comparing to last week!

Due to the current global situation, our economy and market sure fluctuate and market is volatile !

However, as buyers, please remember when rates are high you have the upper hand! Negotiations power is on your side! And you can always refinance the rates but not the price ! Negotiating for a lower price has many benefits… lower taxes, more in equity, more sellers credits , etc…

Let’s talk if you need a pre-approval letter or looking up houses for you!

I’m also a licensed realtor & mortgage broker … Let’s chat ☺️

Tracy 904.570.2930
[email protected]

MORTGAGE RATES UPDATE 03.20.2026In case you are wondering….Rates have gone UP a bit today comparing to yesterday! Due ...
03/20/2026

MORTGAGE RATES UPDATE 03.20.2026
In case you are wondering….

Rates have gone UP a bit today comparing to yesterday!

Due to the current global situation, our economy and market sure fluctuate and market is volatile !

However, as buyers, please remember when rates are high you have the upper hand! Negotiations power is on your side! And you can always refinance the rates but not the price ! Negotiating for a lower price has many benefits… lower taxes, more in equity, more sellers credits , etc…

Let’s talk if you need a pre-approval letter or looking up houses for you!

I’m also a licensed realtor & mortgage broker … Let’s chat ☺️

Tracy 904.570.2930
[email protected]

MORTGAGE RATES UPDATE 03.17.2026In case you are wondering….Rates have gone DOWN a bit today comparing to yesterday! Du...
03/17/2026

MORTGAGE RATES UPDATE 03.17.2026
In case you are wondering….

Rates have gone DOWN a bit today comparing to yesterday!

Due to the current global situation, our economy and market sure fluctuate and market is volatile !

However, as buyers, please remember when rates are high you have the upper hand! Negotiations power is on your side! And you can always refinance the rates but not the price ! Negotiating for a lower price has many benefits… lower taxes, more in equity, more sellers credits , etc…

Let’s talk if you need a pre-approval letter or looking up houses for you!

I’m also a licensed realtor & mortgage broker … Let’s chat ☺️

Tracy 904.570.2930
[email protected]

03/17/2026

FLORIDA REALTOR -
Florida Military Specialist Certification Class
03.17.2026
**********
Class Challenge-
- 1 take No edit Social Media Post
- I think I did pretty good to advertise yourself in a room full of people! Can’t be camera shy in this situation 😂😂😂

MORTGAGE RATES UPDATE 03.16.2026In case you are wondering….Rates have gone up this week ! Due to current global situat...
03/16/2026

MORTGAGE RATES UPDATE 03.16.2026
In case you are wondering….
Rates have gone up this week ! Due to current global situation, our economy and market sure got a hit!

However, as buyers, please remember when rates are high you have the upper hand! Negotiations power is on your side! And you can always refinance the rates but not the price ! Negotiating for a lower price has many benefits… lower taxes, more in equity, more sellers credits , etc…

Let’s talk if you need a pre-approval letter or looking up houses for you!

I’m also a licensed realtor & mortgage broker … Let’s chat ☺️

Tracy 904.570.2930
[email protected]

RATES UPDATE …. 03/05/2026In case you are wondering…Here are today’s rates and it’s still very much a great time to buy ...
03/05/2026

RATES UPDATE …. 03/05/2026
In case you are wondering…

Here are today’s rates and it’s still very much a great time to buy or refinance. When rates are stable, buyers have more negotiations power, then, when rates are down, buyers will have to go into a bidding war fighting for an overpriced home. You can always refinance rates, but you can’t gain equity on overpriced home!

I’m here to help! Anyone with self employed income and used bank statement loans or any non QM products in the last year or so, we still can help you refinance to a lower interest rates. No tax returns needed.

Give me a call or a text to discuss your options!

904.570.2930
[email protected]

WASHINGTON – A new federal reporting rule from the Financial Crimes Enforcement Network (FinCEN) will take effect March ...
02/12/2026

WASHINGTON – A new federal reporting rule from the Financial Crimes Enforcement Network (FinCEN) will take effect March 1, 2026, expanding national anti-money-laundering obligations into the U.S. residential real estate market.

The rule, formally known as the Anti-Money Laundering Regulations for Residential Real Estate Transfers (RRE), requires certain professionals involved in closings and settlements of residential property deals to file a Real Estate Report with FinCEN for specific non-financed transfers (generally all-cash transfers) where the buyer is a legal entity or trust rather than an individual.

Many real estate professionals have not previously been subject to federal anti-money-laundering rules. Because of that, this is a significant change, adding new responsibilities and possible liability for those who now must file these reports. The new rule also means some closings may be disrupted.

The rule was originally slated to go into effect on Dec. 1, 2025, but was postponed to ease compliance burdens.

The rule is intended to increase transparency around real estate transactions and help federal authorities identify potential money-laundering activity. FinCEN has created an online reference page, with FAQs, to help affected professionals understand when a report is required and how to comply.

To learn more, visit the U.S. Treasury’s FinCEN site.

https://www.floridarealtors.org/news-media/news-articles/2026/02/fincen-reporting-rule-takes-effect-march-1

Great turn out at our Future Home Loans & LandmarkTitle networking event tonight! Thanks everyone for taking your time t...
02/11/2026

Great turn out at our Future Home Loans & LandmarkTitle networking event tonight! Thanks everyone for taking your time to come out and network and much appreciation for your trust and partnerships.

Photo credit: Andrea Dolan 😘

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Jacksonville, FL

Opening Hours

Monday 9am - 4pm
Tuesday 9am - 4pm
Wednesday 9am - 4pm
Thursday 9am - 4pm
Friday 9am - 4pm

Telephone

+19045702930

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