Keeping You Current with the Alameda Market
I have the unique privilege of talking about our Island often: to sing its praises to those who want to know why my family has chosen to settle here or why someone should consider Alameda their new town. I tell them that there is a vibe here like no other place. This is a town where my family and I can take a bike ride to visit the many breathtaking murals (like the one above located at Lincoln/Webster), grab a Santoro’s Italian Combo Sandwich and ride to Crab Cove to picnic by the Bay. Best (and most important) of all, the people we encounter are welcoming and kind.
The last 2 years have been unpredictable and stressful, and while my family is still cautiously re-emerging from our COVID cocoon, it’s my fellow Alamedans who have gotten us through. It’s no wonder why so many people are looking to make Alameda their permanent home.
Interest rates this week courtesy of JVM Lending
$1.3 Million JUMBO Purchase: 3.625%*
30-year fixed, 25% Down, Cost of 1/2 a point.
$1.3 Million JUMBO Purchase: 3.000%*
7/6 ARM, 25% Down, Cost of 1/2 a point
$900,000 CONVENTIONAL Purchase: 4.625%*
30-year fixed, 20% Down, Cost of 1/2 point.
$600,000 CONVENTIONAL Purchase: 4.375%*
30-year fixed, 20% Down, Cost of 1/2 a point.
Condo, Townhouse & Single Family Properties (3/17/22)