Blog - Page 13 of 29 - Starwest Mortgage Corporation

February 6, 2024 – So, How Did We Do?

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

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January 30, 2024 – The Data Starts to Roll in

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.

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?

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

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January 9, 2024 – All About Jobs

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

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January 2, 2024 – Happy New Year

Economic Commentary At the beginning of each year, those in the real estate industry want to know what type of year it will be. Even though we can’t predict the future, there are a myriad of forecasts issued which give us a flavor as to what the experts are thinking. Thus, we felt it would be a good idea to...” Read More

Posted by starwest

December 26, 2023 – Happy Holiday Week

Economic Commentary And so ends another year. While challenging from a real estate perspective, the year has been quite extraordinary. Conventional wisdom would have put our economy into recession after the Federal Reserve proceeded to raise interest rates eleven times from March of 2022 to July of 2023. Yet the economy continued creating a plethora of jobs and kept expanding....” Read More

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December 19, 2023 – Is This the Turnaround?

Economic Commentary We have had plenty of false starts during the past 18 months or so. Periods in which interest rates either paused or even dropped a little. The latest movement in the right direction seems to not only have lasted longer than most periods, but also has been accompanied by encouraging data on the inflation front. Rates have been...” Read More

Posted by starwest

December 12, 2023 – The Last Time the Fed Meets

Economic Commentary Today is the last meeting of the Federal Reserve’s Open Market Committee. Well, for the year anyway. Though technically, the Fed can call an emergency session at any time if a crisis takes place. For example, the “Black Monday” stock market crash of October of 1987. There were emergency rate cuts in response to the Financial Crisis of...” Read More

Posted by starwest

December 5, 2023 – New Conforming and FHA Loan Limits

Economic Commentary Fannie Mae, Freddie Mac and the Federal Housing Administration have all announced higher loan limits for 2024. This is great news for homebuyers because these agencies give them access to low-downpayment financing for their homes. Having access to low-downpayments is key as the cash needed to purchase is often cited as the number one barrier to homeownership. Many...” Read More

Posted by starwest

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February 6, 2024 – So, How Did We Do?

January 30, 2024 – The Data Starts to Roll in

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

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

January 9, 2024 – All About Jobs

January 2, 2024 – Happy New Year

December 26, 2023 – Happy Holiday Week

December 19, 2023 – Is This the Turnaround?

December 12, 2023 – The Last Time the Fed Meets

December 5, 2023 – New Conforming and FHA Loan Limits

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