Listing - Sold! September 2012
794 Vinci Way, Livermore CA
Sold Price - $875,000
Listing: Sold for $750,000 -
September 2013
1816 Sylvan Circle, San Leandro
Joseph Mendes Real Estate & Loans
Where rates are headed as of

Mortgage interest rates have
elatively stable over the last few
months with only minor
up/downward movement
(i.e. 30 year
fixed pricing has stayed around
%). A combination of mixed
economic news along with a Fe
that has been less hawkish
in its statements have led to the rate
market being more stable.  The
reduction in Federal Reserve bond
purchases (the Taper)
is now coming
to an end with the market having
taken this into account for sometime
. The news is baked into the
current rates.
happenings are another key factor
for rates with ISIS and the
Russian/Ukraine events also helping
support lower rates.
The road ahead
for rates will be driven by the
direction of the US and world
economy including how Europe fairs
with its ongoing individual nation
debt issues.
German bonds are fully
152+ basis points lower than similar
US bonds. The delta in yields is
helping keep US rates low.

Wholesale Interest Rates*
as of 09/25/2014 - note that
interest rates are in a constant
state of change - Please contact
me to find out the APR specific to
your unique situation


30 year fixed - 4.125%
15 year fixed - 3.
7/1 ARM - 3.25%
5/1 ARM - 3.00%

Priced at par for borrowers who
have a credit score of 720 or higher

Conforming High Balance (up to

30 year fixed - 4.25%
15 year fixed - 3.5%
7/1 ARM - 3.
5/1 ARM - 3.

Priced at par, 75% LTV
using full doc guidelines for
borrowers who have
a credit score of 740 or higher"

FHA/VA - $417,000 or less:

30 year fixed - 3.625%
15 year fixed - 3.25%
5/1 ARM - 2.875%

Priced nearest to par for borrowers
who have a credit score of 640 or

FHA - $417,001 or more:

30 year fixed - 3.75%
15 year fixed - 3.
5/1 ARM -

Priced nearest to par for borrowers
who have a credit score of 640 or
Your Realtor® and More...................Partnered with
Joseph Mendes, MBA
Realtor® and Loan Officer
Real Estate Broker
BRE# 01710802
NMLS# 343215
Proud Title Sponsor of the
Mt. Tamalpais Hill Climb

Golden Gate Velo and ThirstyBearCycling host the
51st Mt. Tamalpais Hill Climb

presented by Joseph Mendes, real estate and loan services

Saturday, September 14, 2013
12 miles, 2,000 feet of climbing

Online registration is now open on the
USA Cycling website
Purchase - Sold! December 2012
2732 CALIFORNIA Street, Berkeley
Sold Price - $382,500