Mortgage rates dip

Mortgage-rate trends were mixed early this week, Freddie Mac said, with lenders offering a 30-year fixed loan at an average of 4.19%, down from 4.2% a week earlier.
The average rate for a 15-year fixed loan was unchanged at 3.36%. Loans that become adjustable after five years of fixed payments saw the start rate drop to 3.06%, from 3.08%, Freddie Mac said Thursday in releasing its weekly report.

The survey asks lenders each Monday morning through midday Wednesday about the terms they are offering to solid borrowers on loans up to $417,000.

In addition to rates, the terms include how much the lenders would collect in fees and discount points to make the loans. Buyers can pay extra points to lower rates, or avoid paying lender fees and for services such as appraisals by accepting higher rates.

The lender charges typically averaged 0.7% or 0.8% of the loan amount in the past. More recently, lenders have reported lower figures, an example being 0.4% of the loan amount in the latest Freddie Mac survey.

The yield on the 10-year Treasury note, a benchmark for long-term fixed mortgage rates, has fallen this week, which puts downward pressure on rates.

Source LA Times

Alameda Open Homes Weekend of Oct 4th & 5th

2067 Clinton Ave. Unit A	$349,000	Sunday	2-4:30pm
226 Brush St.	$288,000	Saturday	1-4:00pm
345 Driftwood Lane	$399,000	Sunday	2-4:00pm
452 Centre Court	$429,000	Saturday and Sunday	2-4:00pm
1210 Broadway Unit A	$445,000	Sunday	2-4:00pm
3323 Cook Lane	$479,000	Sunday	2-4:00pm
1026 Marianas Lane	$510,000	Sunday	2-4:00pm
40 Garden Road	$579,000	Saturday and Sunday	2-4:00pm
855 Portola Ave.	$579,000	Sunday	2-4:00pm
1829 Everett St.	$599,000	Sunday	2-4:30pm
10 Eclipse Court	$625,000	Sunday	2-4:00pm
1 Redondo Court	$625,000	Sunday	2-4:00pm
214 Chinaberry Lane	$629,000	Sunday	2-4:00pm
158 Inverness Way	$632,000	Saturday and Sunday	1-3:30; 1-4:30pm
914 Santa Clara	$649,000	Sunday	2-4:30pm
1423 Walnut Street	$675,000	Sunday	2-4:00pm
1133 Versailles Ave.	$749,000	Sunday	2-4:30pm
1310 Crown Drive	$748,000	Sunday	2-4:00pm
65 Bay Park Terrace	$759,000	Saturday and Sunday	2-4:00pm
626 Westline Drive	$788,000	Saturday and Sunday	2-4:30pm
1333 Crown Drive	$769,000	Sunday	2-4:00pm
616 Westline Drive	$788,000	Sunday	2-4:30pm
425 Cola Ballena + Boat Dock	$850,000	Sunday	2-4:00pm
1431 Eastshore Drive	$895,000	Saturday and Sunday	2-4:30pm
2807 Marina Dr.	$938,000	Saturday	1-4:00pm
1712 Everett St.	$950,000	Saturday and Sunday	2-4:00pm
831 Laurel St.	$1,100,000	Sunday	2-4:00pm
9 Tullamore Place	$2,380,000	Sunday	2-4:00pm

JUST SOLD! 1336 Pearl St.

Listed at $529,000 Sold with 10 offers for $637,000. This Victorian was in the family for several generations and had many wonderful original details still in tact however was in need of a great deal of restoration. My clients they picked a family that truly appreciated and wanted to preserve the historical significance the home had to them. Alameda and the east end in particular continues to become highly desirable to those looking for a fantastic quality of life in the bay area. I carefully crafted a marketing plan to showcase the best features of the home. My clients were very happy with the results. 

Alameda Open Homes for Sep 27th & 28th

452 Centre Court	$429,000	Sunday	2-4:00pm
1210 Broadway Unit A	$445,000	Saturday and Sunday	2-4:00pm
3323 Cook Lane	$479,000	Saturday and Sunday	2-4:00pm
1628 Santa Clara Ave.	$498,000	Sunday	1:30-4:30pm
1615 Lea Court	$499,000	Saturday and Sunday	2-4:30pm
1026 Marianas	$510,000	Sunday	2-4:00pm
3433 Catalina Ave.	$529,000	Sunday	2-4:00pm
3117 El Paseo	$529,000	Sunday	2-4:00pm
855 Portola Ave.	$579,000	Sunday	2-4:00pm
2506 Eagle Ave.	$598,000	Sunday	2-4:00pm
10 Elclipse Court	$625,000	Sunday	2-4:00pm
1 Redondo Court	$625,000	Sunday	2-4:00pm
158 Inverness Way	$632,000	Saturday and Sunday	1-3:30pm; 1-5:00pm
1550 8th St.	$648,000	Sunday	2-4:00pm
1921 Lafayette Street	$675,000	Sunday	2-4:00pm
1310 Crown Drive	$748,000	Sunday	2-4:00pm
1333 Crown Drive	$769,000	Sunday	2-4:00pm
626 Westline Drive	$788,000	Saturday and Sunday	2-4:30pm
636 Waterview Isle	$819,000	Sunday	2-4:00pm
216 Encounter Bay	$825,000	Sunday	2-4:00pm
1729 Cornell Drive	$899,000	Sunday	2-4:00pm
1711 Moreland Drive	$899,000	Sunday	2-4:00pm
1712 Everett St.	$950,000	Sunday	2-4:00pm
2943 Sea View Parkway	$1,180,000	Sunday	2-4:00pm
2921 Sea View Parkway	$1,525,000	Sunday	2-4:00pm
2008 Clinton Ave.	$1,550,000	Sunday	2-4:30pm
9 Tullamore Place	$2,380,000	Sunday	2-4:00pm

Alameda Open Homes Weekend of Sep 13th & 14th

1808 Main Street	$235,000	Sunday	2-4:00pm
2065 Encinal Ave.	$296,000	Saturday and Sunday	1-4:00pm
1170 9th St.	$325,000	Saturday and Sunday	2-4:00pm
1701 Central Ave.	$398,000	Saturday and Sunday	2-4:30pm
321 Fir Ave.	$479,000	Sunday	2-4:30pm
1519 Central Ave. B	$495,000	Sunday	2-5:00pm
2515 Central Ave.	$499,000	Sunday	2-4:00pm
3437 Capella Lane	$499,000	Sunday	2-4:00pm
1168 Windward Lane	$509,000	Saturday and Sunday	2-4:00pm
1336 Pearl St.	$529,000	Saturday and Sunday	2-4:30pm
3235 Santa Cruz Lane	$549,000	Sunday	2-4:00pm
3117 El Paseo	$559,000	Sunday	2-4:00pm
1002 Easter Lane	$584,000	Sunday	2-4:00pm
2615 San Jose Avenue D.	$599,000	Saturday and Sunday	2-4:00pm
914 Oak St.	$649,000	Sunday	2-4:00pm
3515 Magnolia Drive	$675,000	Sunday	2-4:00pm
3100 Adams St.	$688,000	Saturday and Sunday	1-5:00pm
1310 Crown Drive	$748,000	Sunday	2-4:00pm
1010 Post Street	$749,000	Sunday	2-4:00pm
270 Ansel Ave	$818,000	Sunday	2-4:30pm
2067 Hibbard Street	$869,250	Sunday	2-4:30pm
409 Channing Way	$875,000	Sunday	2-4:00pm
107 Anderson Road	$890,000	Sunday	2-4:00pm
236 Ratto Road	$988,000	Sunday	2-4:00pm
332 Anderson Road	$1,080,000	Sunday	2-4:00pm
29212 Sea View Parkway	$1,525,000	Sunday	2-4:00pm

Just Listed 1336 Pearl Street. East End Victorian

This charming Victorian sits amongst three sister homes built in the late 1800’s in a desirable east end neighborhood. A family home for several generations it is in need of your talents and creativity to bring it back to its full potential. The large light filled living room has high ceilings and pocket doors that can separate the dining room. The kitchen features a stainless steel refrigerator with a vintage Wedgewood stove. Many remaining wood details on the exterior and interior remain intact. The large basement has great potential to expand to a family entertainment or rumpus room. With a deep lot the backyard has plenty of room for creating a wonderful outdoor environment. It has a large detached garage added with permits in 2004 that is perfect for projects large and small. Located walking distance to excellent schools and the Park Street Shopping district this home awaits those looking to take on a project of loving restoration. Open house this saturday and sunday 9/6 & 7 2-4:30 Check out the virtual tour for more photos. www.1336pearl.com

Alameda Open Homes weekend of Sep 6th & 7th

1808 Main Street	$235,000	Sunday	2-4:00pm
3151 Fiji Lane	$479,000	Sunday	2-4:00pm
1519 Central Ave. B	$495,000	Sunday	2-5:00pm
1628 Santa Clara Ave.	$498,000	Sunday	2-4:00pm
3437 Capella Lane	$499,000	Sunday	2-4:00pm
1921 Schiller St	$499,950	Sunday	2-5:00pm
1168 Windward Lane	$509,000	Saturday and Sunday	2-4:00pm
1336 Pearl St.	$529,000	Saturday and Sunday	2-4:00pm
130 Maitland Dr.	$549,000	Sunday	2-4:00pm
668 Centre Ct.	$549,000	Sunday	2-4:00pm
461 Centre Ct.	$549,000	Sunday	2-4:00pm
3117 El Paseo	$559,000	Sunday	2-4:00pm
2754 Shaner Dr.	$590,000	Sunday	2-4:00pm
1002 Easter Lane	$599,000	Sunday	2-4:00pm
855 Portola Ave.	$599,000	Sunday	2-4:00pm
1550 8th St.	$648,000	Saturday and Sunday	1-4:00pm
110 Gainsborough Court	$799,000	Sunday	2-4:00pm
270 Ansel Ave	$818,000	Saturday and Sunday	2-4:30pm
1515 Fountain Street	$839,000	Saturday and Sunday	2-4:30pm
409 Channing Way	$875,000	Sunday	2-4:00pm
2029 Alameda Avenue	$949,000	Sunday	2-4:00pm
2807 Marina Way	$988,000	Sunday	1-4:00pm
236 Ratto Road	$988,000	Sunday	2-4:00pm
1225 Bay St	$1,049,000	Sunday	1-4:00pm
332 Anderson Road	$1,080,000	Sunday	2-4:00pm
29212 Sea View Parkway	$1,525,000	Sunday	2-4:00pm
516 Central Ave	$2,500,000	Sunday	2-4:30pm