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

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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


Initial Claims Rise

23-Sep-21 09:12 ET


10-Year: - 11/32 1.367%   US/JPY: 110.08  EUR/US: 1.1725


Data Recon

  • Initial claims for the week ending September 18 increased by 16,000 to 351,000 (Briefing.com consensus 317,000) while continuing claims increased by 131,000 to 2.845 million.
  • Notwithstanding the jump in the latest claims figures, the key takeaway is that the trend is still tracking lower as the four-week moving average for both initial claims and continuing claims decreased from the prior week.
  • The four-week moving average for initial claims decreased by 750 to 335,750.
  • The four-week moving average for continuing claims decreased by 15,750 to 2,804,000, reaching its lowest level since March 21, 2020.
  • The total number of continued weeks claimed for benefits in all programs for the week ending September 4 was 11,250,287, a decrease of 856,440 from the previous week. In the same period a year ago, there were 26,644,091 weekly claims filed for benefits in all programs.

Yield Check:

  • 2-yr:    UNCH at 0.24%
  • 3-yr:   +1 bp to  0.50%
  • 5-yr:   +3 bps to 0.90%
  • 10-yr: +3 bps to 1.37%
  • 30-yr: +3 bps to 1.87%

Bond Market Update

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