Economic Report Archives - Page 12 of 29 - Starwest Mortgage Corporation

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

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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

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April 9, 2024 – Another Month Strong of Jobs Gains.

Economic Commentary If the Federal Reserve is waiting for the economy to slow down before it eases interest rates, there is no doubt that they are watching the monthly jobs report for a significant clue. Thus far this year, there has been no sign that the economy is producing less jobs each month. The pace of the creation of jobs...” Read More

Posted by starwest

April 2, 2024 – Between a Rock and a Hard Place.

Economic Commentary It is no fun being a member of the Federal Reserve right now. The economy continues to grow in spite of higher interest rates and inflation has calmed down. But inflation is still being a bit stubborn and it is taking a longer time to reach the Fed’s stated goal of 2.0% inflation rate. Here is the problem...” Read More

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March 26, 2024 – Fed: Nothing Doing.

Economic Commentary There is so much anticipation with every meeting of the Federal Reserve’s Open Market Committee, which meets around eight times per year. The analysts are over the top with predictions of actions and then they obsess on every word of their post meeting announcements. And a few weeks later, when the minutes of the meeting are released, it...” Read More

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March 19, 2024 – As baby boomers age, their homes are going to increasingly be hitting the open market. Will it Spring?

Economic Commentary Believe it or not, today is the first “night” of spring, as the Spring Equinox happens late this evening. This means that we are almost through the first quarter of the year. Spring is especially important not only because of the nice weather and the flowers, but also because it is prime real estate season. Going into the...” Read More

Posted by starwest

March 12, 2024 – Renting More Expensive Than Ever.

Economic Commentary Between Friday and today we have quite the economic “one-two” punch. On Friday the jobs report was released, and this report showed an increase of 275,000 jobs, which on the surface was stronger than expected. Going back one more month, in January we had an impressive number of jobs added and therefore the “adjustment” in this number was...” Read More

Posted by starwest

March 5, 2024 – Will You Buy A House With Me?

Economic Commentary Don’t know why, but the jobs machine is reminding us of that Credence Clearwater song “Proud Mary.” — “rolling, rolling, rolling on the river.” For months the Federal Reserve has been waiting for the growth of jobs to slow, but it has not happened. As a matter of fact, the growth spurt has gone on so long that...” Read More

Posted by starwest

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May 7, 2024 – Jobs and the Fed.

April 30, 2024 – More Jobs Than People?

April 23, 2024 – Why Are People Not Happy?

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

April 9, 2024 – Another Month Strong of Jobs Gains.

April 2, 2024 – Between a Rock and a Hard Place.

March 26, 2024 – Fed: Nothing Doing.

March 19, 2024 – As baby boomers age, their homes are going to increasingly be hitting the open market. Will it Spring?

March 12, 2024 – Renting More Expensive Than Ever.

March 5, 2024 – Will You Buy A House With Me?

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