September 2024 - Starwest Mortgage Corporation

September 24, 2024 – Finally!

Economic Commentary It has been a full two and one-half years since the Federal Reserve started raising interest rates in reaction to the post-pandemic inflation surge. While many expected inflation to react immediately to the Fed’s medicine, the period of higher rates became very drawn out as inflation showed its stubbornness. Thus, the use of the phrase “higher for longer”...” Read More

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September 17, 2024 – It is Time!

Economic Commentary We have received news that the job market has slowed down – including a major downward revision of jobs over the past year to the tune of 818,000 jobs. We have seen major progress on the war against inflation. The most recent consumer price index came in at 0.2 % monthly and 2.5% over the past year. The...” Read More

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September 10, 2024 – All About Jobs and Inflation

Economic Commentary In exactly one week, the Federal Reserve’s Open Market Committee will be meeting and contemplating lowering short-term interest rates. For the past several weeks, the markets have been counting on the first decrease in rates since the Fed started the cycle of raising interest rates in March of 2022. All indications have been pointing to this rate decrease...” Read More

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September 3, 2024 – It is Labor Week

Economic Commentary We are in the middle of bookend labor events this week. We started out with Labor Day on Monday, a time for celebrating the American workers who have made our country a world leader. We will then close the week with the employment report for the month of August. Both events are very significant. Even though Labor Day...” Read More

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September 24, 2024 – Finally!

September 17, 2024 – It is Time!

September 10, 2024 – All About Jobs and Inflation

September 3, 2024 – It is Labor Week

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