1 (866) 861-5708

BETH HOFFMAN
BROKER/OWNER

 

1 (866) 861-5708

BETH HOFFMAN
BROKER/OWNER

 

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 2,000 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

 

 

 

Bond Market Data:

Friday’s bond market initially opened in positive territory again following weaker than expected results from some key economic data, but it has since given back most of those gains. The stock markets are having a negative reaction to the same news, with the Dow down 62 points and the Nasdaq down 2 points. The bond market is currently up 1/32, which should lead to an improvement in this morning’s mortgage rates of another .125 - .250 of a discount point.

The market at 11:45 ET:
10-Year: +02/32....1.931%.... GNMAs: .... USD/JPY: 76.69.... EUR/USD: 1.3168

                                                                               Bond Market Data...

 

 

 

 

Bond Market Data:

Friday’s bond market initially opened in positive territory again following weaker than expected results from some key economic data, but it has since given back most of those gains. The stock markets are having a negative reaction to the same news, with the Dow down 62 points and the Nasdaq down 2 points. The bond market is currently up 1/32, which should lead to an improvement in this morning’s mortgage rates of another .125 - .250 of a discount point.

The market at 11:45 ET:
10-Year: +02/32....1.931%.... GNMAs: .... USD/JPY: 76.69.... EUR/USD: 1.3168

                                                                               Bond Market Data...

 

 

 

         Happy Lunar New Year!

                                  

 

 

In the News...

 
Fannie, Freddie charge borrowers for feds' tax

Congress' idea to launder a tax increase through Fannie Mae and Freddie Mac is already costing borrowers.
Just before Christmas break, lawmakers decided to pay for a two-month  extension of the payroll tax cut and federal unemployment benefits by  raising the guarantee fee that Fannie and Freddie charge on loans they  buy by at least 0.1 of a percentage point. The fee normally stays with  Fannie and Freddie (now majority-owned by taxpayers) to compensate them  for the risk they take on loans they buy and guarantee.  The extra 0.1 of a percentage point, however, will to be sent  directly to the U.S. Treasury to pay for the payroll tax cut and  unemployment benefits.

 

Read full article here...

Visit our Archive of Mortgage Articles

 

 

 

 

         Happy Lunar New Year!

                                  

 

 

In the News...

 
Fannie, Freddie charge borrowers for feds' tax

Congress' idea to launder a tax increase through Fannie Mae and Freddie Mac is already costing borrowers.
Just before Christmas break, lawmakers decided to pay for a two-month  extension of the payroll tax cut and federal unemployment benefits by  raising the guarantee fee that Fannie and Freddie charge on loans they  buy by at least 0.1 of a percentage point. The fee normally stays with  Fannie and Freddie (now majority-owned by taxpayers) to compensate them  for the risk they take on loans they buy and guarantee.  The extra 0.1 of a percentage point, however, will to be sent  directly to the U.S. Treasury to pay for the payroll tax cut and  unemployment benefits.

 

Read full article here...

Visit our Archive of Mortgage Articles