November 2024 - Starwest Mortgage Corporation

November 26, 2024 – The Budget Deficit

Economic Commentary The initial response to the President-elect’s victory was a huge Wall Street rally. Despite the fact that there were already significant gains in 2024, stock market indices reached new heights immediately after the election. The bond market? Not so much of a rally, despite the fact that the Federal Reserve lowered their benchmark lending rate at a scheduled...” Read More

Posted by starwest

November 19, 2024 – Back to the Inflation Picture

Economic Commentary The election is over. The Federal Reserve has met and made their decision regarding short-term interest rates. The next question is – where do we go from here? While the Fed has lowered their rates, mortgage rates actually increased leading up to the election and the meeting of the Fed. And this increase was not a small bump...” Read More

Posted by starwest

November 12, 2024 – The Results

Economic Commentary A lot has happened in the past few weeks. First, we had a slew of data showing that the economy is still on solid footing. The advanced estimate of economic growth (GDP) for the third quarter came in at 2.8% — a solid, but unspectacular number. The October jobs report was obviously affected by the recent hurricane disasters...” Read More

Posted by starwest

November 5, 2024 – It’s Election Day

Economic Commentary Today is the day we elect the next President of the United States – along with many Senators and a complete slate within the House of Representatives. Whatever side you are on, it is important that you go out and vote, though nowadays many Americans have voted early. A recent Gallup pole has indicated that as many as...” Read More

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November 26, 2024 – The Budget Deficit

November 19, 2024 – Back to the Inflation Picture

November 12, 2024 – The Results

November 5, 2024 – It’s Election Day

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