Blog - Page 5 of 25 - Starwest Mortgage Corporation

January 7, 2025 – What’s With The Fed?

Economic Commentary A lot of interest rate watchers were very confused late last year. As was expected, in their last meeting of the year, the Federal Reserve Open Market Committee lowered rates for the third time in 2024. But interest rates such as mortgages reacted instantly by increasing. How can that be? Doesn’t the Fed control interest rates? Not as...” Read More

Posted by starwest

December 31, 2024 – Happy New Year Predictions!

Economic Commentary We hope you all are having a great holiday season. With the new year we are always looking to bring the latest predictions concerning the real estate market and the general economy. Of course, this also comes with our annual warning – predictions are futile (adapted from Star Trek). No one can predict the future – but the...” Read More

Posted by starwest

December 17, 2024 – The Last Fed Meeting

Economic Commentary No, the Federal Reserve is not being disbanded. But it is the last meeting of the Federal Reserve for the year – barring some sort of emergency which takes place in the next two weeks. The Fed has a lot to consider for this meeting. Two weeks ago, we had a strong jobs report, which indicated that the...” Read More

Posted by starwest

December 10, 2024 – The Picture Sharpens

Economic Commentary Last week we had the final published jobs report for the year. November’s report came in with a gain of 227,000 jobs. Because of the incomplete numbers of the previous month, the revision of October’s numbers was also an important area of focus. Originally reported at 12,000, October’s jobs gains were revised upward by 24,000. In addition, September...” Read More

Posted by starwest

December 3, 2024 – A Better Picture

Economic Commentary We have had so many months of jobs gains that the monthly employment report has held little intrigue lately. As a matter of fact, the ancillary numbers such as wage inflation have garnered more attention than the number of jobs gained in some circles. For at least one month, this is no longer the case. In October, the...” Read More

Posted by starwest

November 26, 2024 – The Budget Deficit

Economic Commentary The initial response to the President-elect’s victory was a huge Wall Street rally. Despite the fact that there were already significant gains in 2024, stock market indices reached new heights immediately after the election. The bond market? Not so much of a rally, despite the fact that the Federal Reserve lowered their benchmark lending rate at a scheduled...” Read More

Posted by starwest

November 19, 2024 – Back to the Inflation Picture

Economic Commentary The election is over. The Federal Reserve has met and made their decision regarding short-term interest rates. The next question is – where do we go from here? While the Fed has lowered their rates, mortgage rates actually increased leading up to the election and the meeting of the Fed. And this increase was not a small bump...” Read More

Posted by starwest

November 12, 2024 – The Results

Economic Commentary A lot has happened in the past few weeks. First, we had a slew of data showing that the economy is still on solid footing. The advanced estimate of economic growth (GDP) for the third quarter came in at 2.8% — a solid, but unspectacular number. The October jobs report was obviously affected by the recent hurricane disasters...” Read More

Posted by starwest

November 5, 2024 – It’s Election Day

Economic Commentary Today is the day we elect the next President of the United States – along with many Senators and a complete slate within the House of Representatives. Whatever side you are on, it is important that you go out and vote, though nowadays many Americans have voted early. A recent Gallup pole has indicated that as many as...” Read More

Posted by starwest

October 29, 2024 – Not in a Straight Line

Economic Commentary If there is one feature of the markets you can always count on, it is the attribute of non-lineal progression. What does that mean? In plain English, it means that the markets do not rise or fall in a straight line or in accordance with a certain set path. For example, when mortgage rates rose from a low...” Read More

Posted by starwest

Thank you!

Request A FREE Consultation

Stay Connected

Get In Touch

January 7, 2025 – What’s With The Fed?

December 31, 2024 – Happy New Year Predictions!

December 17, 2024 – The Last Fed Meeting

December 10, 2024 – The Picture Sharpens

December 3, 2024 – A Better Picture

November 26, 2024 – The Budget Deficit

November 19, 2024 – Back to the Inflation Picture

November 12, 2024 – The Results

November 5, 2024 – It’s Election Day

October 29, 2024 – Not in a Straight Line

NO CLOSING COST Mortgage!