The People's Economist with Anthony Chan

The People's Economist with Anthony Chan

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The People's Economist with Anthony Chan
The People's Economist with Anthony Chan
Housing Market’s 2024 Puzzle: Why Did Mortgage Rates Defy the Federal Reserve?

Housing Market’s 2024 Puzzle: Why Did Mortgage Rates Defy the Federal Reserve?

Former Global Chief Economist for JPMorgan Chase (Ph.D. in Economics) & Current BrightQuery Chief Economist

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Anthony Chan
Jan 02, 2025
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The People's Economist with Anthony Chan
The People's Economist with Anthony Chan
Housing Market’s 2024 Puzzle: Why Did Mortgage Rates Defy the Federal Reserve?
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Special Thanks to Getty Images for this Picture

As many of us swept away the confetti and cleaned up after our New Year’s parties, participants in the U.S. housing market concluded the year feeling puzzled by the fluctuations in U.S. mortgage rates. How could U.S. mortgage rate…

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