May 2023 - Starwest Mortgage Corporation

May 30, 2023 – In the real estate market, things usually slow down a bit in the summer as the spring market winds down. Only, this is not your ordinary June.

Economic Commentary Seasonality, Debt, and Banks. Why did we put these three words together? First, we just celebrated Memorial Day. Though summer does not start officially for a few weeks, Memorial Day is the unofficial start of the summer season. It is the time that school starts to let out and the masses plan their vacations. In the real estate...” Read More

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May 23, 2023 – The Tide is Turning. For a year we have had to deal with rising interest rates and lower home affordability.

Economic Commentary The Tide is Turning. For a year we have had to deal with rising interest rates and lower home affordability. Much of this was expected after record-low interest rates helped fuel a real estate purchasing frenzy which resulted in prices increasing by double digits for the past few years. Fast forward to today, and home prices have held...” Read More

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May 16, 2023 – Does It Feel Like a Recession? Fannie Mae’s economists say a recession is coming. So does the Mortgage Bankers Association.

Economic Commentary Does It Feel Like a Recession? Fannie Mae’s economists say a recession is coming. So does the Mortgage Bankers Association. As a matter of fact, 58% of economists are predicting a recession coming in the near future. Some even are predicting that the recession has started in the second quarter, but most are now expecting the start to...” Read More

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May 9, 2023 – Pulse of the Economy: Jobs. It is amazing that the economy produced approximately one million jobs during the first quarter of the year.

Economic Commentary Pulse of the Economy: Jobs. It has been a crazy first quarter. It is amazing that the economy produced approximately one million jobs during the first quarter of the year. Everyone knew that the pace of job creation was not likely to continue, especially since we have already replaced the number of jobs lost during the pandemic-induced recession...” Read More

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May 2, 2023 – The middle point of a busy two weeks is being occupied by a two-day meeting of the Federal Reserve’s Open Market Committee.

Economic Commentary Decision Time For The Fed. The middle point of a busy two weeks is being occupied by a two-day meeting of the Federal Reserve’s Open Market Committee. At this juncture, the bets are on another .25% increase in short-term interest rates, but there is some hope that the Fed finally passes on increases for the first time in...” Read More

Posted by starwest

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May 30, 2023 – In the real estate market, things usually slow down a bit in the summer as the spring market winds down. Only, this is not your ordinary June.

May 23, 2023 – The Tide is Turning. For a year we have had to deal with rising interest rates and lower home affordability.

May 16, 2023 – Does It Feel Like a Recession? Fannie Mae’s economists say a recession is coming. So does the Mortgage Bankers Association.

May 9, 2023 – Pulse of the Economy: Jobs. It is amazing that the economy produced approximately one million jobs during the first quarter of the year.

May 2, 2023 – The middle point of a busy two weeks is being occupied by a two-day meeting of the Federal Reserve’s Open Market Committee.

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