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

Commodities Under Pressure

21 Sep-20 11:37 ET

10-Year: +4/32  0.66%   US/JPY: 104.68   EUR/US: 1.1732

Stocks struggling

  • Not quite at the best levels of the day, but still holding close to those levels as stocks continue to languish. The S&P 500 is down 2.5% while the Dow and Nasdaq are down 3.3% and 2.0%, respectively. The Russell 2000 is down 3.6%.
  • Seeing quite the downdraft in commodity space as concerns about weakening demand are being fueled by reports of potential lockdown restrictions coming back in European countries, the inability of Congress to reach an agreement on another coronavirus relief bill, a reduced wealth effect of falling stock prices, and worries about deteriorating consumer and business confidence.
  • WTI crude futures -4.7% to $38.88/bbl
  • Natural gas futures -10.6% to $1.831/mmbtu
  • Copper futures -2.8% to $3.03/lb
  • Lumber futures -5.0% to $549.60/bft

Yield check:

  • 2-yr: unch at 0.13%
  • 3-yr: -2 bps to 0.14%
  • 5-yr: -3 bps to 0.25%
  • 10-yr: -3 bps to 0.66%
  • 30-yr: -4 bps to 1.41%


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

 

 

Commodities Under Pressure

21 Sep-20 11:37 ET

10-Year: +4/32  0.66%   US/JPY: 104.68   EUR/US: 1.1732

Stocks struggling

  • Not quite at the best levels of the day, but still holding close to those levels as stocks continue to languish. The S&P 500 is down 2.5% while the Dow and Nasdaq are down 3.3% and 2.0%, respectively. The Russell 2000 is down 3.6%.
  • Seeing quite the downdraft in commodity space as concerns about weakening demand are being fueled by reports of potential lockdown restrictions coming back in European countries, the inability of Congress to reach an agreement on another coronavirus relief bill, a reduced wealth effect of falling stock prices, and worries about deteriorating consumer and business confidence.
  • WTI crude futures -4.7% to $38.88/bbl
  • Natural gas futures -10.6% to $1.831/mmbtu
  • Copper futures -2.8% to $3.03/lb
  • Lumber futures -5.0% to $549.60/bft

Yield check:

  • 2-yr: unch at 0.13%
  • 3-yr: -2 bps to 0.14%
  • 5-yr: -3 bps to 0.25%
  • 10-yr: -3 bps to 0.66%
  • 30-yr: -4 bps to 1.41%


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