Mortgage Rates Unaffected, Fed Likely to Hold Rates Steady on Latest Inflation Data
Takeaway: Today’s CPI data should have little effect on mortgage rates. The report came in better than last month, but that was expected. It should
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.
Takeaway: Today’s CPI data should have little effect on mortgage rates. The report came in better than last month, but that was expected. It should
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Takeaway: Today’s CPI data should have little effect on mortgage rates. The report came in better than last month, but that was expected. It should
This Week In A Nutshell: With the Strait of Hormuz still closed and fresh off a hot jobs report last week, rates are at risk
Takeaway: Today’s jobs report will lead to higher mortgage rates as it is strong enough to open the door for Fed officials to debate hikes
This Week In A Nutshell: Rates are likely to stay volatile this week as markets balance several important pieces of jobs market data against the
This Week In A Nutshell: Three months in, the Iran war is still driving rates more than economic data. There are a few important economics
This Week In A Nutshell: Rates are likely to move more on headlines out of Iran than on economic data. If peace talks show real