www.JosephMendes.com

Take a few minutes to check out my website...

Learn who I am by clicking on the "About me" button

Learn about some of the services I provide by clicking on the "Services"
button

If you are trying to reach me then simply click on the "contact me"
button to get my contact info

See one of my featured listings by clicking on a "Listing" button

Check out one my sold properties by clicking on the "Sold Properties"
button

Click on the "Services" button to find out how I can be of service to you
in the area

Click on the "Client Feedback" button to read what my clients have to
say about me and the services I provide

Click on the "Loan Services" button to find out how I can save you money
on your next home loan or equity line of credit

A real estate professional and cyclist active in his
community and in support of future riders

Having fun teaching children a little bit about bicycle safety and maintenance
at Chabot College's Children Center Trike-athon Fundraiser.

Listing - S old! J une 2009
5066 Saint Patricia Court
Concord, CA
Sold Price - $483,000

Listed for $327,950
Charming Sky High Ranch
Cabin near Bear Valley
1280 sqft of living space plus ~300
sqft of unpermitted living space
2 Bedrooms/1 Bath

Where rates are headed as of
0 3 /23 /2010 :

Rates have been moving
sideways this past week even
with an upward moving stock
market. While treasury yields
have gone up mortgage back
security yields have not. The
Federal Reserve has continued
to drive home the fact that
interest rates will stay low for
an extended period of time.
This fact, plus concerns about
the long term outlook for
housing and economy has
helped keep rates down. The
long term outlook is for rates to
move much higher by the end
of the year due to the
inflationary pressures
combined with the ever
growing US debt.

Wholesale Interest Rates
as of 03/23/2010:

Conforming:

30 year fixed - 4.625%
15 year fixed - 4.0%
10/1 ARM - 4.25%
7/1 ARM - 3.5%
5/1 ARM - 3.25%

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

Jumbo (up to $729,900):

10/1 ARM - 4.5%
7/1 ARM - 4.25%
5/1 ARM - 3.25%
15 year fixed - 4.25%
30 year fixed - 4.875%

Priced at par, 80% LTV
using full doc guidelines for
borrowers who have
a credit score of 700 or higher"

FHA/VA - $417,000 or less:

30 year fixed - 4.75%
15 year fixed - 4.5%
5/1 ARM - 3.75%
3/1 ARM - 3.75%

Priced nearest to par for
borrowers who have a credit
score of 620 or higher

FHA - $417,001 or more:

30 year fixed - 4.75%
15 year fixed - 4.5%
3/1 ARM - 3.75%

Priced nearest to par for
borrowers who have a credit
score of 620 or higher