{"id":82560,"date":"2025-10-14T12:39:01","date_gmt":"2025-10-14T19:39:01","guid":{"rendered":"https:\/\/www.redfin.com\/news\/?p=82560"},"modified":"2025-10-14T12:39:01","modified_gmt":"2025-10-14T19:39:01","slug":"weekly-economics-update-october-14","status":"publish","type":"post","link":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/","title":{"rendered":"Redfin Economists&#8217; Weekly Take: China Trade Tensions Push Mortgage Rates Lower"},"content":{"rendered":"<h5><b>Last Week In A Nutshell<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Rates ended the week about 10 bps lower following renewed trade tensions with China.<\/span><\/p>\n<h5><b>Upcoming Attractions\u00a0<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">This is a light week, especially if the shutdown continues.<\/span><\/p>\n<ul>\n<li><b style=\"font-style: inherit;\">CPI report: <\/b><span style=\"font-weight: 400;\">Originally scheduled for Wednesday, but will be released October 24, regardless of when the government re-opens because the data is used to determine cost of living increases for social security recipients.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Fed speakers: <\/b><span style=\"font-weight: 400;\">Fifteen Fed speaking engagements this week, including Chair Powell\u2019s speech at the NABE conference earlier today, where he predicted an end to the Fed\u2019s balance sheet runoff in coming months.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Postponed if shutdown continues:<\/b><span style=\"font-weight: 400;\"> Retail sales (Thursday), PPI (Thursday), housing starts and permits (Friday), jobless claims (state level data still available).<\/span><\/li>\n<\/ul>\n<h5><b>Last Week\u2019s Highlights<\/b><\/h5>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Trade tensions:<\/b><span style=\"font-weight: 400;\"> In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. These moves are ahead of his scheduled meeting with President Xi later this month. Ten-year treasury yields dropped about 10 bps on the news while global equities fell. Markets are worried about economic growth and labor market implications of an increase in tariffs, because inflation has not increased as much as feared after the initial round of tariffs. Markets partially reversed these moves as the tension subsided, but it remains to be seen how this latest escalation will end. It\u2019s possible that tariff rates on China will end up higher after the meeting, but it\u2019s also possible the back and forth will lead to a lower tariff rate.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>FOMC minutes:<\/b><span style=\"font-weight: 400;\"> The minutes from the September Fed meeting suggest that most participants are worried about downside risk to the labor market and would vote for further reductions in the Fed funds rates this year. A majority also worried about inflation risks, but they noted that, net of tariff effects, inflation would be close to the Fed\u2019s target by year end. The market has currently priced in additional cuts at each of the two remaining 2025 meetings.<\/span><\/li>\n<\/ul>\n<h5><b>Diving a Little Deeper<\/b><\/h5>\n<p><span style=\"font-weight: 400;\">Redfin\u2019s housing market reports:<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.redfin.com\/news\/home-purchase-cancellations-august-2025\/\"><span style=\"font-weight: 400;\">Homebuyers Are Canceling Deals at a Record Rate. Here\u2019s Why.<\/span><\/a>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Roughly 56,000 U.S. home-purchase agreements were canceled in August, equal to 15.1% of homes that went under contract that month\u2014the highest August percentage in records dating back to 2017.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Buyers frequently back out of deals when they find issues during the inspection, they have trouble selling their existing home or their financing falls through, according to a survey of Redfin agents.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/www.redfin.com\/news\/more-condo-sellers-than-buyers\/\"><span style=\"font-weight: 400;\">There Are 72% More Condo Sellers Than Buyers in the U.S.<\/span><\/a>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"2\"><span style=\"font-weight: 400;\">Would-be condo buyers are spooked by high costs, including rising HOA dues and insurance fees\u2013but the silver lining is bargaining power. The gap between sellers and buyers has shrunk since springtime, though, when there were 81% more sellers.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Last Week In A Nutshell Rates ended the week about 10 bps lower following renewed trade tensions with China. Upcoming Attractions\u00a0 This is a light week, especially if the shutdown continues. CPI report: Originally scheduled for Wednesday, but will be released October 24, regardless of when the government re-opens because the data is used to [&hellip;]<\/p>\n","protected":false},"author":13558,"featured_media":82562,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"default","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"set","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[632],"tags":[36,623],"dashboard":[],"coauthors":[622],"class_list":["post-82560","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-from-our-economists","tag-economics","tag-national"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v24.7 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>China Trade Tensions Push Mortgage Rates Lower<\/title>\n<meta name=\"description\" content=\"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Redfin Economists&#039; Weekly Take: China Trade Tensions Push Mortgage Rates Lower\" \/>\n<meta property=\"og:description\" content=\"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/\" \/>\n<meta property=\"og:site_name\" content=\"Redfin Real Estate News\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/redfin\" \/>\n<meta property=\"article:published_time\" content=\"2025-10-14T19:39:01+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1800\" \/>\n\t<meta property=\"og:image:height\" content=\"1200\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Chen Zhao\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@redfin\" \/>\n<meta name=\"twitter:site\" content=\"@redfin\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Chen Zhao\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/\"},\"author\":{\"name\":\"Chen Zhao\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/a0a62ede97b24e6f17c1cffb6ffdd574\"},\"headline\":\"Redfin Economists&#8217; Weekly Take: China Trade Tensions Push Mortgage Rates Lower\",\"datePublished\":\"2025-10-14T19:39:01+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/\"},\"wordCount\":474,\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg\",\"keywords\":[\"Economics\",\"national\"],\"articleSection\":[\"From Our Economists\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2025\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/\",\"name\":\"China Trade Tensions Push Mortgage Rates Lower\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg\",\"datePublished\":\"2025-10-14T19:39:01+00:00\",\"description\":\"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.\",\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2025\\\/10\\\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg\",\"width\":1800,\"height\":1200},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/weekly-economics-update-october-14\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.redfin.com/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Redfin Economists&#8217; Weekly Take: China Trade Tensions Push Mortgage Rates Lower\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#website\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"name\":\"Redfin Real Estate News\",\"description\":\"The latest real estate news and research from technology-powered residential real estate company, Redfin.\",\"publisher\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.redfin.com/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#organization\",\"name\":\"Redfin\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\",\"url\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com\\\/news\\\/wp-content\\\/uploads\\\/2020\\\/10\\\/Redfin-News-Logo.png\",\"width\":1100,\"height\":235,\"caption\":\"Redfin\"},\"image\":{\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/logo\\\/image\\\/\"},\"sameAs\":[\"https:\\\/\\\/www.facebook.com\\\/redfin\",\"https:\\\/\\\/x.com\\\/redfin\",\"https:\\\/\\\/www.instagram.com\\\/redfinrealestate\\\/\",\"https:\\\/\\\/www.linkedin.com\\\/company\\\/redfin\",\"https:\\\/\\\/www.pinterest.com\\\/redfin\\\/\",\"https:\\\/\\\/en.wikipedia.org\\\/wiki\\\/Redfin\"]},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/#\\\/schema\\\/person\\\/a0a62ede97b24e6f17c1cffb6ffdd574\",\"name\":\"Chen Zhao\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg83fdc0124d9fcdfe5e5d8583a850a63f\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg\",\"contentUrl\":\"https:\\\/\\\/www.redfin.com/news\\\/wp-content\\\/uploads\\\/2023\\\/09\\\/Chen_Zhao-150x150.jpg\",\"caption\":\"Chen Zhao\"},\"description\":\"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.\",\"url\":\"https:\\\/\\\/www.redfin.com/news\\\/author\\\/chen-zhao\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"China Trade Tensions Push Mortgage Rates Lower","description":"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/","og_locale":"en_US","og_type":"article","og_title":"Redfin Economists' Weekly Take: China Trade Tensions Push Mortgage Rates Lower","og_description":"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.","og_url":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/","og_site_name":"Redfin Real Estate News","article_publisher":"https:\/\/www.facebook.com\/redfin","article_published_time":"2025-10-14T19:39:01+00:00","og_image":[{"width":1800,"height":1200,"url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg","type":"image\/jpeg"}],"author":"Chen Zhao","twitter_card":"summary_large_image","twitter_creator":"@redfin","twitter_site":"@redfin","twitter_misc":{"Written by":"Chen Zhao","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#article","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/"},"author":{"name":"Chen Zhao","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/a0a62ede97b24e6f17c1cffb6ffdd574"},"headline":"Redfin Economists&#8217; Weekly Take: China Trade Tensions Push Mortgage Rates Lower","datePublished":"2025-10-14T19:39:01+00:00","mainEntityOfPage":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/"},"wordCount":474,"publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"image":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg","keywords":["Economics","national"],"articleSection":["From Our Economists"],"inLanguage":"en-US","copyrightYear":"2025","copyrightHolder":{"@id":"https:\/\/www.redfin.com\/news\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/","url":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/","name":"China Trade Tensions Push Mortgage Rates Lower","isPartOf":{"@id":"https:\/\/www.redfin.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#primaryimage"},"image":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#primaryimage"},"thumbnailUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg","datePublished":"2025-10-14T19:39:01+00:00","description":"In response to new controls on rare earth exports, President Trump said that the US would add an additional 100% tariff on Chinese goods beginning November 1. Ten-year treasury yields dropped about 10 bps on the news while global equities fell.","breadcrumb":{"@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#primaryimage","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2025\/10\/markus-winkler-IrRbSND5EUc-unsplash-scaled.jpg","width":1800,"height":1200},{"@type":"BreadcrumbList","@id":"https:\/\/www.redfin.com\/news\/weekly-economics-update-october-14\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.redfin.com\/news\/"},{"@type":"ListItem","position":2,"name":"Redfin Economists&#8217; Weekly Take: China Trade Tensions Push Mortgage Rates Lower"}]},{"@type":"WebSite","@id":"https:\/\/www.redfin.com\/news\/#website","url":"https:\/\/www.redfin.com\/news\/","name":"Redfin Real Estate News","description":"The latest real estate news and research from technology-powered residential real estate company, Redfin.","publisher":{"@id":"https:\/\/www.redfin.com\/news\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.redfin.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.redfin.com\/news\/#organization","name":"Redfin","url":"https:\/\/www.redfin.com\/news\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2020\/10\/Redfin-News-Logo.png","width":1100,"height":235,"caption":"Redfin"},"image":{"@id":"https:\/\/www.redfin.com\/news\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/redfin","https:\/\/x.com\/redfin","https:\/\/www.instagram.com\/redfinrealestate\/","https:\/\/www.linkedin.com\/company\/redfin","https:\/\/www.pinterest.com\/redfin\/","https:\/\/en.wikipedia.org\/wiki\/Redfin"]},{"@type":"Person","@id":"https:\/\/www.redfin.com\/news\/#\/schema\/person\/a0a62ede97b24e6f17c1cffb6ffdd574","name":"Chen Zhao","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg83fdc0124d9fcdfe5e5d8583a850a63f","url":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg","contentUrl":"https:\/\/www.redfin.com\/news\/wp-content\/uploads\/2023\/09\/Chen_Zhao-150x150.jpg","caption":"Chen Zhao"},"description":"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.","url":"https:\/\/www.redfin.com\/news\/author\/chen-zhao\/"}]}},"_links":{"self":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/82560","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/users\/13558"}],"replies":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/comments?post=82560"}],"version-history":[{"count":2,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/82560\/revisions"}],"predecessor-version":[{"id":82563,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/posts\/82560\/revisions\/82563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media\/82562"}],"wp:attachment":[{"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/media?parent=82560"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/categories?post=82560"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/tags?post=82560"},{"taxonomy":"dashboard","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/dashboard?post=82560"},{"taxonomy":"author","embeddable":true,"href":"https:\/\/www.redfin.com\/news\/wp-json\/wp\/v2\/coauthors?post=82560"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}