Monday, December 29, 2008

Bank Owned Almaden Valley Home

Very gorgeous Almaden Valley bank owned home that has been updated throughout with remodeled kitchen and baths with new appliances, cabinets, and granite vanities. The backyard has a beautiful large in ground pool, fire pit, boat and RV parking. Excellent schools and neighborhood. List price $799,900. Please contact for more information.

Santa Clara County Market Trend Week Ending 12/29/08

Please click on the below spreadsheets to view larger pictures of the Santa Clara County weekly stats.

30 year fixed rate near 5%

Conforming rates for a 30 year fixed were at 5.375% with zero points on Friday. This is a payment of $5.60 per $1,000 borrowed. If you pay one point, then your rate is 4.875% or a payment of $5.29 per $1,000 borrowed. This is a great time to refinance into a historically low rate.