NMLS 338105

1 (866) 861-5708


   NMLS 337855



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

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


Shorter Tenors Backpedal

12-Aug-22  10:26 ET

10-Year:  + 5/32  2.873%  US/JPY: 133.70  EUR/US: 1.0262 


Shorter Tenors Backpedal

  • Longer-dated Treasuries have spent the first couple hours of action near their opening levels while shorter tenors have dipped from their early highs with the 2-yr note leading the dip. The current dynamic makes for a shift from a two-day trend that saw relative weakness in 10s and 30s and outperformance in shorter tenors. The recently released preliminary reading of the University of Michigan Consumer survey for July rose to 55.1 from 51.5 in the final June reading. Equities trade in the green with the S&P 500 (+0.6%) trailing the Nasdaq (+0.9%).

Yield Check:

  •   2-yr: +6 bps to 3.25%
  •   3-yr: +2 bps to 3.19%
  •   5-yr:   UNCH at 2.99%
  • 10-yr: -2 bps to  2.87%
  • 30-yr: -3 bps to  3.14%


Bond Market Update

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

Same-sex spouses can now get Social Security Survivor Benefits