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Starwest Mortgage Corporation
1818 E. Southern Ave, Suite 15C
Mesa, AZ  85204
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Arizona: (480) 962-5665
Tucson: (520) 303-9406
Utah: (801) 214-1777
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NMLS 164496 Arizona MB
0905975 Utah 5941296-NMLC
Colorado Registered MB

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March 12, 2024 – Renting More Expensive Than Ever.

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Economic Commentary Between Friday and today we have quite the economic “one-two” punch. On Friday the jobs report was released, and this report showed an increase of 275,000 jobs, which on the surface was stronger than expected. Going back one more month, in January we had an impressive number of jobs added and therefore the “adjustment” in this number was...” Read More

Posted by starwest

March 5, 2024 – Will You Buy A House With Me?

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Economic Commentary Don’t know why, but the jobs machine is reminding us of that Credence Clearwater song “Proud Mary.” — “rolling, rolling, rolling on the river.” For months the Federal Reserve has been waiting for the growth of jobs to slow, but it has not happened. As a matter of fact, the growth spurt has gone on so long that...” Read More

Posted by starwest

February 20, 2024 – The Elusive Goldilocks

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Economic Commentary We have seen so many words describing our economic climate during the past few years. Words/phrases such as soft-landing, stagflation, sticky inflation, recession, qualitative tightening and more. There are so many that it is hard to keep up with the nomenclature. This week, we would like to bring one more to the table—the famed Goldilocks. Yes, the character...” Read More

Posted by starwest

February 13, 2024 – Is March The Month?

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Economic Commentary The Federal Reserve has been quite busy this decade. We started this decade with an economy-halting pandemic in March of 2020. The Fed reacted quickly, pushing short-term rates to zero, as well as adding significant qualitative stimulus in the form of purchasing treasuries and mortgages, further pushing down long-term interest rates as well. Along with massive stimulus packages...” Read More

Posted by starwest

February 6, 2024 – So, How Did We Do?

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Economic Commentary The triple whammy of economic data has been released during the past two weeks. The question is—how did we do overall? We have already reported that economic growth for the 4th quarter came in at an estimated 3.3%, which puts the annual rate at around 3.1% before 4th quarter revisions. Overall, a very solid year of growth, especially...” Read More

Posted by starwest

January 30, 2024 – The Data Starts to Roll in

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Economic Commentary As we mentioned in our last column, this is an important period with regards to economic data and events. Late last week we got the ball rolling with the first estimate of economic growth for the 4th quarter (GDP). For the first three quarters of the year, the economy grew at an approximate rate of 3.0%, which is...” Read More

Posted by starwest

January 23, 2024 – Just When You Thought It Was Safe.

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Economic Commentary Among the many variables expected to affect the markets this year will be the sideshow we affectionately call a Presidential election year. News about the elections will garner headlines throughout the year, competing with events such as two wars which are being fought on the other side of the globe. Politics and government news has always affected the...” Read More

Posted by starwest

January 16, 2024 – Will Sellers Come Out and Play?

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Economic Commentary It seems to be a little early to be speaking about spring, since it is the middle of January. However, in the real estate sector, we never know when the spring market will emerge and how strong it will be. Most of the forecasts point towards a better year for the real estate market, but only marginally better...” Read More

Posted by starwest

January 9, 2024 – All About Jobs

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Economic Commentary Want to know how strong the economy will be in 2024? Well, it is all about jobs. A healthy economy creates more jobs and the more jobs created, the healthier the economy becomes because those with jobs spend more every month. In 2023, the economy was predicted to evolve into a recession. That never happened. Why? The economy...” Read More

Posted by starwest

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