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

 

CLICK HERE FOR CREDIT

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


Refinance
Refinance Basics, Loan Calculators


Free Consultation

 

CLICK HERE FOR CREDIT

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 2,000 clients throughout the state of California.

We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchases to refinancing. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding 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.

And at Alternative Mortgage Sources, you not only have access to the best loans available in the marketplace, but you can review loan alternatives at your convenience, online, 24 hours a day — right here at AlternativeMortgageSources.com.

Licensed by the California Department of Real Estate
License number 00685309

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 2,000 clients throughout the state of California.

We're a full service mortgage broker with an experienced staff offering expertise in every area of mortgage lending...from purchases to refinancing. We have access to a full range of mortgage sources and all of our lending specialists are dedicated to finding 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.

And at Alternative Mortgage Sources, you not only have access to the best loans available in the marketplace, but you can review loan alternatives at your convenience, online, 24 hours a day — right here at AlternativeMortgageSources.com.

Licensed by the California Department of Real Estate
License number 00685309

 

ISM Non-Manufacturing Index Beats March Estimates

03-Apr-20 11:00 ET

10-Year:  + 12/32  0.576%   US/JPY: 108.49    EUR/US: 1.0797

Data Recon

  • The ISM Non-Manufacturing Index for March checked in at 52.5% (Briefing.com consesus 43.0%) versus 57.3% in February. The dividing line between expansion and contraction is 50.0%
  • The key takeaway from the report is that it's not as encouraging as it appears to be, having been bolstered by a nice pickp in the Supplier Deliveries Index (to 62.1% from 52.4%), which reflects slower deliveries due to the COVID-19 impact; moreover, it is understood that the services sector has been the hardest hit in the sudden economic stop and that this measure does not adequately capture the real-time change in business conditions.
  • The New Orders Index dropped to 52.9% from 63.1%
  • The Backlog of Orders Index rose to 55.0% from 53.2%
  • The Employment Index declined to 47.0% from 55.6%
  • The New Export Orders Index decreased to 45.9% from 55.6%
  • The Prices Index dipped to 50.0% from 50.8%

Yield Check:

  • 2-yr:      UNCH at 0.23%
  • 3-yr:     -2 bps to 0.27%
  • 5-yr:     -3 bps to 0.36%
  • 10-yr:    -5 bps to 0.58%
  • 30-yr:    -4 bps to 1.23%

Bond Data

In the News...


Treasury yields have fallen. Why haven't mortgage rates followed?

Read full article here...


Visit our Archive of Mortgage Articles


 

 

ISM Non-Manufacturing Index Beats March Estimates

03-Apr-20 11:00 ET

10-Year:  + 12/32  0.576%   US/JPY: 108.49    EUR/US: 1.0797

Data Recon

  • The ISM Non-Manufacturing Index for March checked in at 52.5% (Briefing.com consesus 43.0%) versus 57.3% in February. The dividing line between expansion and contraction is 50.0%
  • The key takeaway from the report is that it's not as encouraging as it appears to be, having been bolstered by a nice pickp in the Supplier Deliveries Index (to 62.1% from 52.4%), which reflects slower deliveries due to the COVID-19 impact; moreover, it is understood that the services sector has been the hardest hit in the sudden economic stop and that this measure does not adequately capture the real-time change in business conditions.
  • The New Orders Index dropped to 52.9% from 63.1%
  • The Backlog of Orders Index rose to 55.0% from 53.2%
  • The Employment Index declined to 47.0% from 55.6%
  • The New Export Orders Index decreased to 45.9% from 55.6%
  • The Prices Index dipped to 50.0% from 50.8%

Yield Check:

  • 2-yr:      UNCH at 0.23%
  • 3-yr:     -2 bps to 0.27%
  • 5-yr:     -3 bps to 0.36%
  • 10-yr:    -5 bps to 0.58%
  • 30-yr:    -4 bps to 1.23%

Bond Data

In the News...


Treasury yields have fallen. Why haven't mortgage rates followed?

Read full article here...


Visit our Archive of Mortgage Articles