Equity Lending Mortgage Inc.

07/07/2021

****FREE ACAI BOWLS FOR MONTH OF JULY****

We are teaming up with Taste of Brasil and Prime BJJ for a small promotion. Stop in and get a free acai bowl anytime in the month of July! NO ADDITIONAL PURCHASE REQUIRED.

Maybe you are picking up the kids from practice or finishing up a hike. Stop in and get them a cool treat on us.

Maybe you are one of the many Jiu Jitsu competitors from Colorado Springs who are preparing for an upcoming match and need a delicious carb boost before or after a workout. An acai bowl from Taste of Brasil will hit the spot guaranteed!

Order your acai bowl, then stop in and talk to Victor Campos or Alex Dasilva, the nicest guys in the Colorado Springs food game.

Also now that COVID restrictions are lifted, it is a great time to start a new exercise routine. Stop in at see Marcelo Motta (the nicest guy in the Jiu Jitsu game) at Prime BJJ and his team to start your fitness and self defense journey. 👊

Taste of Brasil is conveniently located off of I-25 and Garden of the Gods. Give them a call today. (719) 394-4194

(good through end of July, limit 1 per person per each day, other limitations may apply)

🍓🍌

12/03/2020

FREE:
TASTE OF BRASIL,COLORADO SPRINGS

ORDER AN ENTREE OR AN ACAI BOWL, GET A FREE ACAI BOWL

Tell them "THE PRIME TEAM SPECIAL"

You don't have to be a member of Prime Jiu Jitsu to get the special.
Call and order some food anyway. (719) 394-4194 😎

04/13/2020

Good information from the Consumer Financial Protection Bureau on what to do if you cannot make your mortgage payment.

Visit https://www.consumerfinance.gov/about-us/blog/guide-coronavirus-mortgage-relief-options/ to learn more about coronavirus mortgage relief options under ...

03/16/2020

This chart shows how mortgage rates have corresponded to the Federal Funds rate for the last few years.

Sorry to disappoint, but no, mortgage rates are not likely to be 0% anytime soon.

Banks, in the U.S. anyway, are businesses that are trying to make a profit. In times of economic uncertainty risk goes up, not down. I can actually see mortgage rates for consumers going up in the short term, especially if people start losing their jobs and missing payments.

From the link:
"As you can see here, the Federal Funds rate and the Prime Rate track along with each other very closely.

Short- and mid-term ARMs, such as the 5/1 ARM shown above, are also affected by trends in short-term interest rates. As a lenders' cost of obtaining funds to lend changes, some of those reductions or increases are passed to borrowers in the form of lower (or higher) starting rates.

Long-term rates, such as 30-year fixed-rate mortgages, pay little attention to short-term rates, responding instead to economic growth and inflation pressures. "

This is a graph comparing mortgage rates against the Federal Funds Rate. Is there a strong relationship between them?

02/03/2020

Before you contact anyone for a mortgage, it’s important to know that you have options. Whether you’re purchasing or refinancing a home, working with an inde...

12/12/2019

Leaders of the downtown Colorado Springs YMCA just announced a massive $100 million first phase rebuild project.

11/23/2019

Sledding hills around Colorado Springs. LEAVE FEEDBACK: https://bit.ly/2Ey7siH