Blog - Page 16 of 29 - Starwest Mortgage Corporation

August 22, 2023 – The Great Disappearing Recession

Economic Commentary The Great Disappearing Recession. For about a year now we have been talking about the predominant forecast of market analysts which projected a recession as early as the second quarter of this year. And for a year we have been stating emphatically that it is tough to have a recession when the job market is hot. Well, the...” Read More

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August 15, 2023 – The Real Estate Picture

Economic Commentary The Real Estate Picture. What a strange real estate market. To our knowledge, never in our history have we had a situation in which the real estate market has slowed down only because there are not enough homes for sale. Typically, a slowdown in the real estate market is caused by a lack of demand; however, today we...” Read More

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August 8, 2023 – The Employment Picture Clouds a Bit

Economic Commentary The Employment Picture Clouds a Bit. The Federal Reserve and every market analyst have been waiting for the job market to cool down a bit so that one of the last bastions of inflation could fall. The June employment picture was a bit cloudier for the first time this year. Though the headline job data again was just...” Read More

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August 1, 2023 – So Begins The Dog Days of August

Economic Commentary So Begins The Dog Days of August. Every year we seem to publish the “Dog Days of August” edition. And there is always new fodder for the edition. Certainly, August a few years ago was unique because we were in the height of the pandemic. This year, the battle between good and evil is taking place within our...” Read More

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July 25, 2023 – After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow?

Economic Commentary Would Anyone Be Surprised? After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow? Not after hearing statements by Chairman Powell during the past month. As a matter of fact, he indicated that two increases in a row were on the table – though the Fed does not...” Read More

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July 18, 2023 – For the first time in approximately 3.5 years, we are now guessing whether the Fed will act to raise interest rates.

Economic Commentary Let the Guessing Games Begin. For two years from the inception of the pandemic, the Federal Reserve kept short-term interest rates close to zero. Then as the pandemic waned and the economy bounced back, the Fed went on an inflation fighting campaign and they raised rates at ten straight meetings over a 15-month period. At the last meeting...” Read More

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July 11, 2023 – Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates.

Economic Commentary Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates. They went into “wait and see mode” in order to determine what they would do next. Well, one data point they were waiting for arrived last Friday – the jobs report. Up until now the jobs machine...” Read More

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July 4, 2023 – It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese.

Economic Commentary It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese. If you want to know about the future of mortgage rates and how quickly they might fall, it is not enough to study the economic news such as the jobs and inflation reports. It also concerns the spread...” Read More

Posted by starwest

June 27, 2023 – Recession Update. Just about every market analyst has been predicting a recession sometime in 2023.

Economic Commentary Recession Update. Just about every market analyst has been predicting a recession sometime in 2023. Well, here we are ending the first half of the year and we have seen very few signs of a recession. To the contrary, as of last month the economy had added almost 1.5 million jobs in the first five months of the...” Read More

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June 20, 2023 – The Fed did consider a pause, but they won’t call it a pause even though they did not raise rates. Why is that?

Economic Commentary To the Fed, it is not a pause. When a kitten or puppy waves their paws at us, it is considered major cuteness in action. When the Federal Reserve Board is faced with a decision regarding the “pausing” of interest rate hikes, there is no cuteness involved – just a bunch of hemming and hawing (not pawing). So,...” Read More

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August 22, 2023 – The Great Disappearing Recession

August 15, 2023 – The Real Estate Picture

August 8, 2023 – The Employment Picture Clouds a Bit

August 1, 2023 – So Begins The Dog Days of August

July 25, 2023 – After a pause last month, would anyone be surprised if the Federal Reserve raised short-term rates by .25% again tomorrow?

July 18, 2023 – For the first time in approximately 3.5 years, we are now guessing whether the Fed will act to raise interest rates.

July 11, 2023 – Did The Jobs Machine Take a Breather as Well? Last month, the Federal Reserve Board took a breather from raising rates.

July 4, 2023 – It’s All About the Spread. As a reminder, when we speak about spreads, we are not referring to cream cheese.

June 27, 2023 – Recession Update. Just about every market analyst has been predicting a recession sometime in 2023.

June 20, 2023 – The Fed did consider a pause, but they won’t call it a pause even though they did not raise rates. Why is that?

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