Mortgage Rates to Rise After Strong Jobs Report Defies Recession Fears
A surprisingly strong December jobs report defies recession fears and will keep the Fed in a holding pattern for the foreseeable future. Mortgage rates will
Chen Zhao is the head of economics research, where she produces research on the housing market for public and internal audiences.
Previously, she was an executive director leading housing finance and financial markets research at the JPMorgan Chase Institute. Prior to joining JPMCI, Chen was an economics consultant at Analysis Group, Inc., where she worked on financial litigation cases and led teams conducting health economics and outcomes research on behalf of pharmaceutical companies.
While in graduate school, Chen was with the Center for Economic Studies and the Social Economic and Housing Statistics Division at the US Census Bureau, where she conducted applied microeconomics research using large scale restricted-access linked survey-administrative data. She started her career at the White House Council of Economic Advisers, where she focused on labor and health economics.
A surprisingly strong December jobs report defies recession fears and will keep the Fed in a holding pattern for the foreseeable future. Mortgage rates will
Mortgage rates are seeing some relief today following a number of important economic developments. What’s driving the move in rates? Here’s our take: Potential government
Editor’s Note: This post was updated to include additional analysis on Thursday December 19 Under the surface, Wednesday’s Fed projection of two rate cuts in
Inflation data came in as expected in November, meaning that mortgage rates will stay steady as the Fed remains on course with market expectations to
A slightly cool, but mostly as expected, November jobs report locks in another 25 bps cut at the Federal Reserve’s December 18 meeting, barring an
Redfin’s economists expect there will be more home sales in 2025, largely due to pent-up demand. But some would-be homebuyers will still be priced out,
A surprisingly strong December jobs report defies recession fears and will keep the Fed in a holding pattern for the foreseeable future. Mortgage rates will
Mortgage rates are seeing some relief today following a number of important economic developments. What’s driving the move in rates? Here’s our take: Potential government
Editor’s Note: This post was updated to include additional analysis on Thursday December 19 Under the surface, Wednesday’s Fed projection of two rate cuts in
Inflation data came in as expected in November, meaning that mortgage rates will stay steady as the Fed remains on course with market expectations to
A slightly cool, but mostly as expected, November jobs report locks in another 25 bps cut at the Federal Reserve’s December 18 meeting, barring an
Redfin’s economists expect there will be more home sales in 2025, largely due to pent-up demand. But some would-be homebuyers will still be priced out,