July 2023 - Starwest Mortgage Corporation

July 25, 2023 – After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow?

Economic Commentary Would Anyone Be Surprised? After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow? Not after hearing statements by Chairman Powell during the past month. As a matter of fact, he indicated that two increases in a row were on the table – though the Fed does not...” Read More

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July 18, 2023 – For the first time in approximately 3.5 years, we are now guessing whether the Fed will act to raise interest rates.

Economic Commentary Let the Guessing Games Begin. For two years from the inception of the pandemic, the Federal Reserve kept short-term interest rates close to zero. Then as the pandemic waned and the economy bounced back, the Fed went on an inflation fighting campaign and they raised rates at ten straight meetings over a 15-month period. At the last meeting...” Read More

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July 11, 2023 – Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates.

Economic Commentary Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates. They went into “wait and see mode” in order to determine what they would do next. Well, one data point they were waiting for arrived last Friday – the jobs report. Up until now the jobs machine...” Read More

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July 4, 2023 – It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese.

Economic Commentary It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese. If you want to know about the future of mortgage rates and how quickly they might fall, it is not enough to study the economic news such as the jobs and inflation reports. It also concerns the spread...” Read More

Posted by starwest

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July 25, 2023 – After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow?

July 18, 2023 – For the first time in approximately 3.5 years, we are now guessing whether the Fed will act to raise interest rates.

July 11, 2023 – Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates.

July 4, 2023 – It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese.

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