Thank you!

A Loan Officer will contact you shortly.
If you would like to speak to a Loan Officer now, please call (866) 920-1289.

Request A FREE Consultation

Stay Connected

Starwest On Facebook Find Us

Starwest On Twitter Follow Us

News and Updates Read Our Blog

Kyle Saunders

Logan Smith

Get In Touch

Starwest Mortgage Corporation
1818 E. Southern Ave, Suite 15C
Mesa, AZ 85204
.

Arizona: (480) 962-5665
Tucson: (520) 303-9406
Utah: (801) 214-1777
Colorado: (720) 644-8078
Fax: (480) 545-0586

NMLS 164496 Arizona MB
0905975 Utah 5941296-NMLC
Colorado Registered MB

Category for Economic Report

Get A
Custom Mortgage
Rate Quote

June 18, 2024 – The Fed and Inflation

Economic Commentary Last week we had a meeting of the Federal Reserve Board’s Open Market Committee and the release of the latest inflation data. Curious about the direction of interest rates? These two events represent bellwethers in this regard. We are looking to the Fed for signals as to when they might take their foot off the high interest rate...” Read More

Posted by starwest

June 11, 2024 – Another Trifecta

Economic Commentary As we pointed out last week, this is a very busy period for consequential economic news. First, we had the jobs report this past Friday. This report took on additional importance after we finally had more moderate jobs growth in April. So how did we do in May? The economy created 277,000 jobs, which was more than expected....” Read More

Posted by starwest

June 4, 2024 – Is Two Months a Trend?

Economic Commentary The Federal Reserve’s Open Market Committee (FOMC) meets again next week. Some months ago, market analysts were 50/50 on a bet regarding a decrease in short-term rates at the Fed’s June meeting. Then came some very strong jobs reports and also some stronger-than-expected inflation news, causing the odds to drop below 25%. There have been plenty of statements...” Read More

Posted by starwest

May 28, 2024 – Summer Already?

Economic Commentary We hope you all had a great Memorial Day weekend. With the weather seemingly getting warmer every year, it seems like summer vibes come earlier every year as well. Of course, we are used to that in the real estate industry because Memorial Day is typically the start of real estate summer. Summer is the time in which...” Read More

Posted by starwest

May 21, 2024 – Music To Our Ears?

Economic Commentary It is hard to admit that we are rooting for poorer economic conditions. Less job growth, lower consumer confidence, slower service sector growth, tepid retail sales and more. But if you are a fan of lower interest rates, that is exactly what we need to see in order to bring inflation down to the point that the Federal...” Read More

Posted by starwest

May 14, 2024 – Higher For Even Longer

Economic Commentary It was just early last year that the markets introduced the concept of higher interest rates for a “longer period of time.” With the economy continuing to grow briskly and inflation coming down, but at a slower pace, there was no reason for the Federal Reserve to rush things. Thus, we pushed off predictions for a rate decrease....” Read More

Posted by starwest

May 7, 2024 – Jobs and the Fed.

Economic Commentary It was a busy week with the jobs report and the meeting of the Federal Reserve Open Market Committee within days of each other. The Fed met first and they surprised nobody by leaving short-term rates where they were, though they announced that they would be selling off less of their holdings monthly. Recent strong economic news and...” Read More

Posted by starwest

April 30, 2024 – More Jobs Than People?

Economic Commentary Every month for the past three years we have been singing the same refrain – the job market is hot. Except there is a limit to the number of jobs that can be created. And not every person qualifies for every job. For example, if there are many job openings for doctors, it is not likely that most...” Read More

Posted by starwest

April 23, 2024 – Why Are People Not Happy?

Economic Commentary The job market has been hot. The economy has added jobs for 39 consecutive months, marking the fifth-longest period of job expansion on record. The unemployment rate has been below 4.0% for 26 months in a row, the longest streak since the late 1960s. Moving to the stock market, the S&P 500 has gained approximately 80% in the...” Read More

Posted by starwest

April 16, 2024 – Just How Valuable is Real Estate?

Economic Commentary Those that have owned homes for a long-time understand what the numbers tell us about homeowners. According to the Federal Reserve, homeowners have a much higher net worth than renters do — the median net worth for a homeowner in 2022 was $396,200, versus just $10,400 for renters. As strong as these numbers are—homeownership delivers more value than...” Read More

Posted by starwest

NO CLOSING COST Mortgage!

Starwest pays for all the closing costs associated with the transaction. None of these fees are rolled onto the loan balance. Learn More

Apply Now