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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
Colorado: (720) 644-8078
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NMLS 164496 Arizona MB
0905975 Utah 5941296-NMLC
Colorado Registered MB

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September 7, 2021 – Jobs Report Released. The last two employment reports have been very strong.

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Economic Commentary Jobs Report Released. The last two employment reports have been very strong, bolstering consumer confidence and giving the economy some momentum as the summer wore on. Meanwhile, the Delta variant continues to grow providing trepidation concerning the future of the economy as the year wears on. Released on Friday, the August jobs report was not likely influenced much...” Read More

Posted by starwest

August 31, 2021 – Conflicting Factors. Today there has never been so many factors affecting the economy all at once.

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Economic Commentary Conflicting Factors. Today there has never been so many factors affecting the economy all at once – and many of these are pushing us in different directions. We have discussed many of these previously. First and foremost, we have COVID. The recession was COVID-induced, and our recovery depends upon the pace of vaccinations and the rise of the...” Read More

Posted by starwest

August 17, 2021 – Is The Housing Market Losing Steam? The one area of obvious strength for the economy during the pandemic has been real estate.

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Economic Commentary Is The Housing Market Losing Steam? The one area of obvious strength for the economy during the pandemic has been real estate. We have mentioned many times that a collapse of the real estate market helped cause the Great Recession and the real estate market has bolstered the economy during the pandemic. The market has been characterized by...” Read More

Posted by starwest

August 10, 2021 – Slowing Down? Many market analysts, such as Goldman Sachs, are expecting a slowdown for the second half of the year and into next year.

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Economic Commentary Slowing Down? The first half of the year the economy came roaring back from the COVID-induced recession. Subject to revision, we had the economy growing at a 6.4% annualized rate and over three million jobs added during the first six months of the year, as well as almost a million added in July. Now many market analysts, such as...” Read More

Posted by starwest

August 3, 2021 – Optimism With Caveats. The economy is getting stronger and consumer optimism is rising.

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Economic Commentary Optimism With Caveats. The economy is getting stronger and consumer optimism is rising. We have had a string of positive economic reports which tell us that we are moving in the right direction. For example, retail sales have indicated that consumers are spending, we added close to one million jobs in June and the first reading of economic...” Read More

Posted by starwest

July 27, 2021 – The Word of the Day — Tapering. The Federal Reserve Board’s Open Market Committee meets this week.

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Economic Commentary The Word of the Day — Tapering. The Federal Reserve Board’s Open Market Committee meets this week and there is little to no chance they will change interest rates. As a matter of fact, it was big news surrounding the previous meeting because they indicated that they will “consider” raising rates as early as 2023. Thus, you would think...” Read More

Posted by starwest

July 20, 2021 – The Oil Markets. Last week we focused on the housing market. We would be remiss if we did not bring up the energy markets as well.

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Economic Commentary The Oil Markets. Last week we focused on the housing market. We would be remiss if we did not bring up the energy markets as well, as the price of oil has been in the headlines this year. It is always interesting when looking at history and how modern times have changed. For example, last week we spoke...” Read More

Posted by starwest

July 13, 2021 – The Housing Market. To put it mildly, we have seen a quite interesting housing market through the pandemic.

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Economic Commentary The Housing Market. To put it mildly, we have seen a quite interesting housing market through the pandemic. During most recessions, falling incomes and tighter guidelines cause the housing market to slow and lead to stable or lower housing prices. During the Great Recession, it took almost a decade for the housing market to recover. No such thing...” Read More

Posted by starwest

July 6, 2021 – The Fed Mulls The Jobs Report. It is said that markets don’t react to what happened yesterday, but what they think will happen tomorrow.

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Economic Commentary The Fed Mulls The Jobs Report. Last month the Federal Reserve Board spoke loudly. They actually had the audacity to suggest that they expect to raise rates shortly. Define shortly? Sometime in 2023! That is literally two years from now. Years ago, the Fed never telegraphed what they were inclined to do in advance. Now they are signaling...” Read More

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