Blog - Page 10 of 28 - Starwest Mortgage Corporation

August 6, 2024 – A Busy Two Weeks

Economic Commentary We have a very busy few weeks of economic news. While the stock market was reaching record highs in July, the month closed with some important news. As July came to a close, the initial reading of economic growth for the second quarter was released. The 2.8% growth rate was seen as better than expected. Then we saw...” Read More

Posted by starwest

July 30, 2024 – Will It Take a Recession?

Economic Commentary For most of last year, it was apparent that the Federal Reserve wanted the economy to stop growing so fast. Though you would never hear them say that they were trying to force us into a recession, certainly forecasters were predicting a recession. But the recession never came as the economy and especially the American consumer provided some...” Read More

Posted by starwest

July 23, 2024 – The Listings Are Here

Economic Commentary A few months ago, we delineated the reasons that listings would start to grow after several years of real estate purchase prospects not being able to find a house. These reasons included long-term demographic factors such as baby boomers wanting to age in place, but finally aging out of their homes. They also included short-term factors such as...” Read More

Posted by starwest

July 16, 2024 – And Now For the Second Act

Economic Commentary In our desire to experience lower interest rates during the second half of the year, two weeks ago we had the release of the first part of our economic “one-two” punch. As we reported, the jobs report indicated progress towards our lower rate goal. Next up? Our monthly reports on inflation. Last week we experienced the second leg...” Read More

Posted by starwest

July 9, 2024 – First Part of The “Two-Fer”

Economic Commentary In the previous commentary, we promised a chance at a “two-fer” which could help put pressure on interest rates to ease down in the second half of the year. We have already had a decent move downward in interest rates, but there is so much more work to be done in this regard. On Friday we had the...” Read More

Posted by starwest

June 25, 2024 – Is the Fed Over-Communicating?

Economic Commentary The Federal Reserve Board has always been very careful regarding making public statements that will affect the markets. As a matter of fact, in years past the Fed was much more clandestine regarding their opinions to avoid roiling investors. So much so that there were complaints about the Fed not being open enough about what they were up...” Read More

Posted by starwest

June 18, 2024 – The Fed and Inflation

Economic Commentary Last week we had a meeting of the Federal Reserve Board’s Open Market Committee and the release of the latest inflation data. Curious about the direction of interest rates? These two events represent bellwethers in this regard. We are looking to the Fed for signals as to when they might take their foot off the high interest rate...” Read More

Posted by starwest

June 11, 2024 – Another Trifecta

Economic Commentary As we pointed out last week, this is a very busy period for consequential economic news. First, we had the jobs report this past Friday. This report took on additional importance after we finally had more moderate jobs growth in April. So how did we do in May? The economy created 277,000 jobs, which was more than expected....” Read More

Posted by starwest

June 4, 2024 – Is Two Months a Trend?

Economic Commentary The Federal Reserve’s Open Market Committee (FOMC) meets again next week. Some months ago, market analysts were 50/50 on a bet regarding a decrease in short-term rates at the Fed’s June meeting. Then came some very strong jobs reports and also some stronger-than-expected inflation news, causing the odds to drop below 25%. There have been plenty of statements...” Read More

Posted by starwest

May 28, 2024 – Summer Already?

Economic Commentary We hope you all had a great Memorial Day weekend. With the weather seemingly getting warmer every year, it seems like summer vibes come earlier every year as well. Of course, we are used to that in the real estate industry because Memorial Day is typically the start of real estate summer. Summer is the time in which...” Read More

Posted by starwest

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August 6, 2024 – A Busy Two Weeks

July 30, 2024 – Will It Take a Recession?

July 23, 2024 – The Listings Are Here

July 16, 2024 – And Now For the Second Act

July 9, 2024 – First Part of The “Two-Fer”

June 25, 2024 – Is the Fed Over-Communicating?

June 18, 2024 – The Fed and Inflation

June 11, 2024 – Another Trifecta

June 4, 2024 – Is Two Months a Trend?

May 28, 2024 – Summer Already?

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