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

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

October 22, 2024 – Quiet Period?

Economic Commentary Before every meeting of the Federal Reserve there is a blackout period in which the members have to refrain from talking to the public and the media regarding the state of the economy and their policies. This particular blackout period, which starts in a few days, takes on special importance because it is also the period before the...” Read More

Posted by starwest

October 15, 2024 – The Inflation Picture

Economic Commentary Last week we had the latest inflation readings. The Consumer Price Index was reported to be up 0.2% monthly and 2.4% annually in September. The core readings excluding food and energy were higher. The Producer Price Index was reported unchanged for the month and up 1.8% annually, but again higher at the core level. Overall, these readings were seen...” Read More

Posted by starwest

October 8, 2024 – We Want More!

Economic Commentary The Federal Reserve has lowered their Federal Funds Rate. As we have indicated, the move was expected – and the bond markets had strongly anticipated this move. But the Fed lowered their base rate by 0.5%, yet mortgage rates have moved down approximately 1.25% from their peak earlier this year. Why is that? Because the markets are expecting...” Read More

Posted by starwest

October 1, 2024 – The Final Stretch

Economic Commentary It is the final quarter of the year. And quite a year it has already been. Mortgage rates moved back near all-time highs in the spring only to start falling in the summer. The National Association of Realtors signed a consent agreement which will change the way that real estate agents will go about their business. The war...” Read More

Posted by starwest

September 24, 2024 – Finally!

Economic Commentary It has been a full two and one-half years since the Federal Reserve started raising interest rates in reaction to the post-pandemic inflation surge. While many expected inflation to react immediately to the Fed’s medicine, the period of higher rates became very drawn out as inflation showed its stubbornness. Thus, the use of the phrase “higher for longer”...” Read More

Posted by starwest

September 17, 2024 – It is Time!

Economic Commentary We have received news that the job market has slowed down – including a major downward revision of jobs over the past year to the tune of 818,000 jobs. We have seen major progress on the war against inflation. The most recent consumer price index came in at 0.2 % monthly and 2.5% over the past year. The...” Read More

Posted by starwest

September 10, 2024 – All About Jobs and Inflation

Economic Commentary In exactly one week, the Federal Reserve’s Open Market Committee will be meeting and contemplating lowering short-term interest rates. For the past several weeks, the markets have been counting on the first decrease in rates since the Fed started the cycle of raising interest rates in March of 2022. All indications have been pointing to this rate decrease...” 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