Allan M. Keislar and Seewantee S. Keislar have listed for sale a home at 2626 Regent St. in Berkeley for $850,000.
Mavis Delacroix of The GRUBB Co. is the listing agent.
Allan Keislar is an assistant professor of south Asian religions at the Institute for Vaisnava Studies. He is also an adjunct professor of world religions at the Graduate Theological Union. He is an interfaith liturgy development and medieval texts specialist.
According to BlockShopper.com, there have been 561 home sales in Berkeley during the past 12 months, with a median sales price of $560,000.
The 30-year fixed-rate mortgage hit another all-time low this week, marking the seventh straight week it has averaged below 4 percent, Freddie Mac reports in its weekly mortgage market survey.
Here’s a closer look at rates for the week ending Jan. 19:
30-year fixed-rate mortgages: averaged 3.88 percent, with an average 0.8 point, a new all-time low and dropping from last week’s previous record of 3.89 percent. A year ago at this time, 30-year rates averaged 4.74 percent.
15-year fixed-rate mortgages: averaged 3.17 percent, with an average 0.8 point, up slightly from last week’s record low of 3.16 percent. Last year at this time, 15-year rates averaged 4.05 percent.
5-year adjustable-rate mortgages: averaged 2.82 percent, with an average 0.7 point, the same as last week’s average. Last year at this time, 5-year ARMs averaged 3.69 percent.
1-year ARMs: averaged 2.74 percent, with an average 0.6 point, dropping from last week’s 2.76 percent average. Last year at this point, the 1-year ARM averaged 3.25 percent.
Source: Freddie Mac
A proposed $25 billion settlement between five big banks, state attorneys general and the Obama administration may help resolve some of the thornier legal issues surrounding the mortgage mess that caused the housing market to collapse.
It will do relatively little to stop the ongoing wave of home foreclosures or revive the deeply depressed housing market, however.
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