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    Home»Economy & Policy»Housing & Jobs»Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025
    Housing & Jobs

    Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025

    Money MechanicsBy Money MechanicsSeptember 18, 2025No Comments1 Min Read
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    Mortgage Rates to Hold Steady After Fed Cuts for First Time in 2025
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    Chen Zhao

    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.

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