NMLS 338105

1 (866) 861-5708

BETH HOFFMAN
BROKER/OWNER

   NMLS 337855


   

 

NMLS 338105

1 (866) 861-5708

BETH HOFFMAN
BROKER/OWNER

   NMLS 337855


   

 

New Home Purchase
Purchase Basics, Qualification, Loan Calculators (How much home can you buy?)


Refinance
Refinance Basics, Loan Calculators


Free Consultation

 

 

New Home Purchase
Purchase Basics, Qualification, Loan Calculators (How much home can you buy?)


Refinance
Refinance Basics, Loan Calculators


Free Consultation

 

 

Alternative Mortgage Sources is an independent loan brokerage owned and operated by Broker/Owner Beth Hoffman since 1986. Beth has earned a reputation for "demystifying the loan process" while delivering superior service to over 2,500 clients throughout the state of California.

Alternative Mortgage Sources is a full service mortgage broker offering expertise in every area of mortgage lending...from purchases to refinancing. We have access to a full range of mortgage sources to find the right loan — with the best rates, terms and costs — to meet our clients' unique needs. But that's just the beginning. Throughout the lending process, we provide regular loan updates and progress reports so clients always know the status of their loan.

Beth Hoffman, dba Alternative Mortgage Sources,
CA Dept. Of Real Estate Real Estate Broker, DRE # 00685309
NMLS #337855/NMLS #338105

Alternative Mortgage Sources is an independent loan brokerage owned and operated by Broker/Owner Beth Hoffman since 1986. Beth has earned a reputation for "demystifying the loan process" while delivering superior service to over 2,500 clients throughout the state of California.

Alternative Mortgage Sources is a full service mortgage broker offering expertise in every area of mortgage lending...from purchases to refinancing. We have access to a full range of mortgage sources to find the right loan — with the best rates, terms and costs — to meet our clients' unique needs. But that's just the beginning. Throughout the lending process, we provide regular loan updates and progress reports so clients always know the status of their loan.

Beth Hoffman, dba Alternative Mortgage Sources,
CA Dept. Of Real Estate Real Estate Broker, DRE # 00685309
NMLS #337855/NMLS #338105

 

ISM Manufacturing Activity Eases Up in September

03-Oct-22  10:18 ET

10-Year:   + 36/32  3.66%  US/JPY: 144.80 EUR/US: 0.9790

 

Data Recon

  • The September ISM Manufacturing Index dropped to 50.9% (Briefing.com consensus 52.0%) from 52.8% in August. A number above 50.0% is indicative of expansion, yet the lower reading versus August points to a deceleration in overall manufacturing activity. September marked the 28th consecutive month of expansion in the manufacturing sector, yet it was the lowest reading since May 2020.
  • The key takeaway from the report is that it connotes a moderation in manufacturing activity that coincides with rapidly rising interest rates, and it will contribute to slowdown concerns that could, in turn, offer the market reason to think the Fed won't be as aggressive with its rate hikes as it is suggesting it could be.
  • The New Orders Index decreased to 47.1% from 51.3%.
  • The Prices Index dipped to 51.7% from 52.5% and is at its lowest level since June 2020. In May this index hit 82.2%.
  • The Backlog of Orders Index fell to 50.9% from 53.0%.
  • The Supplier Deliveries Index dropped to 52.4% from 55.1%.
  • The Production Index edged higher to 50.6% from 50.4%.
  • The New Export Orders Index declined to 47.8% from 49.4%.
  • The Employment Index decreased to 48.7% from 54.2%

 

Bond Market Update

Prop. 19 passes, but questions about California property tax measure remain

Same-sex spouses can now get Social Security Survivor Benefits

 

ISM Manufacturing Activity Eases Up in September

03-Oct-22  10:18 ET

10-Year:   + 36/32  3.66%  US/JPY: 144.80 EUR/US: 0.9790

 

Data Recon

  • The September ISM Manufacturing Index dropped to 50.9% (Briefing.com consensus 52.0%) from 52.8% in August. A number above 50.0% is indicative of expansion, yet the lower reading versus August points to a deceleration in overall manufacturing activity. September marked the 28th consecutive month of expansion in the manufacturing sector, yet it was the lowest reading since May 2020.
  • The key takeaway from the report is that it connotes a moderation in manufacturing activity that coincides with rapidly rising interest rates, and it will contribute to slowdown concerns that could, in turn, offer the market reason to think the Fed won't be as aggressive with its rate hikes as it is suggesting it could be.
  • The New Orders Index decreased to 47.1% from 51.3%.
  • The Prices Index dipped to 51.7% from 52.5% and is at its lowest level since June 2020. In May this index hit 82.2%.
  • The Backlog of Orders Index fell to 50.9% from 53.0%.
  • The Supplier Deliveries Index dropped to 52.4% from 55.1%.
  • The Production Index edged higher to 50.6% from 50.4%.
  • The New Export Orders Index declined to 47.8% from 49.4%.
  • The Employment Index decreased to 48.7% from 54.2%

 

Bond Market Update

Prop. 19 passes, but questions about California property tax measure remain

Same-sex spouses can now get Social Security Survivor Benefits