Redfin Economists’ Weekly Take: Mortgage Rates Are Largely Lateral, All Focus Is on Upcoming Jobs Report
This Week In A Nutshell Two weak labor market reports nudged rates ever so slightly lower last week, but the star of the show
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.
This Week In A Nutshell Two weak labor market reports nudged rates ever so slightly lower last week, but the star of the show
This Week In A Nutshell: Rates have drifted slightly higher today after a surprisingly strong ISM (Institute for Supply Management) report suggesting more robust manufacturing
President Trump announced Friday that Kevin Warsh is his choice to succeed Jerome Powell as Fed chair. Takeaway: The president’s choice to nominate Kevin Warsh
The Fed held interest rates steady in its meeting on Wednesday, as expected. This marks the first time since July the Fed hasn’t cut rates.
This Week In A Nutshell: There’s a Fed meeting on Wednesday, but it’s unlikely to move mortgage rates. The key driver of rates recently have
President Trump called for a ban on Wall Street investors purchasing single-family homes, and reiterated an order for Fannie Mae and Freddie Mac to buy
This Week In A Nutshell Two weak labor market reports nudged rates ever so slightly lower last week, but the star of the show
This Week In A Nutshell: Rates have drifted slightly higher today after a surprisingly strong ISM (Institute for Supply Management) report suggesting more robust manufacturing
President Trump announced Friday that Kevin Warsh is his choice to succeed Jerome Powell as Fed chair. Takeaway: The president’s choice to nominate Kevin Warsh
The Fed held interest rates steady in its meeting on Wednesday, as expected. This marks the first time since July the Fed hasn’t cut rates.
This Week In A Nutshell: There’s a Fed meeting on Wednesday, but it’s unlikely to move mortgage rates. The key driver of rates recently have
President Trump called for a ban on Wall Street investors purchasing single-family homes, and reiterated an order for Fannie Mae and Freddie Mac to buy