Monday, September 21, 2020
Desert Equity Lending, LLC
NMLS# 173369 | MB-0906989


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Our refy's are QUICK!!!Fast, painless closings! The ORIGINAL and LONGEST RUNNING ONLINE MORTGAGES IN COLORADO since 1999!

Ask about or ' Boulder ANYTERM Fixed rates best in Colorado rates! and our Aspen 30 year Cash outs best rates in CO! Best rates! Ted Gehrke 720-775-9866 Direct NMLS 240314


UWM Top Originator

"The ORIGINAL and LONGEST RUNNING online mortgages in and Colorado"
All Online since 1999! Our 20th year!
Best in rates, TurboFast Closings!

My promise to you! FAST CLOSINGS at the Lowest rates and closing costs!

Colorado's Best and Fastest Mortgages since 1999!!!
* Plus Third Party Fees, Title, and Pre-paids.

Desert Equity Lending, LLC MB-0906989


Conventional loan and Government loan leader in Colorado!
Our FHA and FHA High Balance Loans, as well as VA and VA High Balance loans, are among the best rates in the USA!
Our ELITE FHA FHA HIGH BALANCE, VA, VA HIGH BALANCE LOANS now go down to a 660 credit score for the best available rates and lowest closing costs !

Market Commentary

Updated on September 21, 2020 10:09:19 AM EDT

We are seeing a typical correlation between stocks and bonds this morning. Generally speaking, what is bad news for stocks is usually considered good news for bonds. As stocks go into selling mode, funds are often shifted into bonds that are considered safer. This is known as a Flight to Safety. The good news is that this should cause mortgage rates to move lower if the stock selling continues this week. On the other hand, the risk is that once stock traders get over whatever it is they are reacting to, stocks may rebound and draw funds away from bonds. That scenario would likely erase the rate improvements we saw as stocks were dropping. The key is whether or not this is a one-day sell-off in stocks or the beginning of a larger downward move.

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CO Direct: 720-775-9866 |
Desert Equity Lending, LLC. MB-0906989 | 9856 E. Aster Dr., Scottsdale AZ 85260
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