Blog - Page 14 of 29 - Starwest Mortgage Corporation

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

Posted by starwest

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

Posted by starwest

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

November 28, 2023 – The Home Stretch

Economic Commentary Thanksgiving is over. That means we are in the home stretch of the year. From a business perspective, many within the real estate industry will be happy for this year to end. There is no guarantee that next year will be better, but most analysts are pointing towards a gradual improvement in the real estate market next year...” Read More

Posted by starwest

November 21, 2023 – Happy Thanksgiving

Economic Commentary This week we will celebrate Thanksgiving. As is tradition, we will count the ways in which we should be thankful – no matter how challenging the year has been! From a personal perspective, we hope that you all have had a great year. From a business perspective, it is probably easier this year to count the challenges. To...” Read More

Posted by starwest

November 14, 2023 – The Mortgage Rate Questions & Microunits

Economic Commentary We will ask three mortgage questions this week. First, why are mortgage rates so high? We know why interest rates are high—the Federal Reserve has increased short-term rates to deal with stubborn inflation. But mortgage rates have risen far more than the rates on Treasuries. One reason? In addition to the Fed raising rates, they have also stopped...” Read More

Posted by starwest

November 7, 2023 – Key Indicator – The Jobs Machine

Economic Commentary Well, it is settled. There will not be a recession in 2023 despite the fact that just about every market analyst was predicting one to start this year. This does not mean that a recession won’t hit in 2024. As a matter of fact, we are convinced that a recession is more likely now that more analysts are...” Read More

Posted by starwest

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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

November 28, 2023 – The Home Stretch

November 21, 2023 – Happy Thanksgiving

November 14, 2023 – The Mortgage Rate Questions & Microunits

November 7, 2023 – Key Indicator – The Jobs Machine

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