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

Treasury Market Summary

02-Jul-20 14:21 ET

10-Year: + 4/32  0.669%   US/JPY: 107.56    EUR/US: 1.1230

Holiday Week Ends With Modest Gains

  • U.S. Treasuries ended the abbreviated week on a modestly higher note after rebounding from their opening lows. The Treasury complex started the day in negative territory after an upbeat session in Asia and Europe was followed by the release of a stronger than expected Employment Situation report for June. The release sent a positive signal about rehiring activity, but another 1.427 million initial claims were filed during the week ending June 27, so a lot of jobs are still being lost. Treasuries hit session lows shortly after the start, spending mid-morning action in a steady rebound that slowed once the long bond approached its flat line. The rebound pressured the 10-yr yield back below its 50-day moving average (0.689%) for the second day in a row. The 2s10s spread expanded by four basis points since last Friday to 52 bps while the 2s30s spread ended the week seven basis points wider at 128 bps. The U.S. Dollar Index rose 0.1% to 97.27, narrowing this week's loss to 0.2%.

       Yield check:

  • 2-yr:     -2 bps to  0.15% (-1 bp for the week)
  • 3-yr:     -1 bp to   0.18% (UNCH for the week)
  • 5-yr:     -2 bps to  0.29% (-1 bp for the week)
  • 10-yr:   -1 bp to   0.67%  (+3 bps for the week)
  • 30-yr:   UNCH at  1.43%  (+6 bps for the week)...

Bond Market Data

In the News...


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

Read full article here...


Visit our Archive of Mortgage Articles


 

Treasury Market Summary

02-Jul-20 14:21 ET

10-Year: + 4/32  0.669%   US/JPY: 107.56    EUR/US: 1.1230

Holiday Week Ends With Modest Gains

  • U.S. Treasuries ended the abbreviated week on a modestly higher note after rebounding from their opening lows. The Treasury complex started the day in negative territory after an upbeat session in Asia and Europe was followed by the release of a stronger than expected Employment Situation report for June. The release sent a positive signal about rehiring activity, but another 1.427 million initial claims were filed during the week ending June 27, so a lot of jobs are still being lost. Treasuries hit session lows shortly after the start, spending mid-morning action in a steady rebound that slowed once the long bond approached its flat line. The rebound pressured the 10-yr yield back below its 50-day moving average (0.689%) for the second day in a row. The 2s10s spread expanded by four basis points since last Friday to 52 bps while the 2s30s spread ended the week seven basis points wider at 128 bps. The U.S. Dollar Index rose 0.1% to 97.27, narrowing this week's loss to 0.2%.

       Yield check:

  • 2-yr:     -2 bps to  0.15% (-1 bp for the week)
  • 3-yr:     -1 bp to   0.18% (UNCH for the week)
  • 5-yr:     -2 bps to  0.29% (-1 bp for the week)
  • 10-yr:   -1 bp to   0.67%  (+3 bps for the week)
  • 30-yr:   UNCH at  1.43%  (+6 bps for the week)...

Bond Market Data

In the News...


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

Read full article here...


Visit our Archive of Mortgage Articles