Andrea Riquier

1 week ago | usatoday.com | Andrea Riquier

Belligerent rhetoric from the White House about being annexed to the United States and combative trade negotiations are denting Canadian interest in owning American property, just as the housing market south of the shared border is starting to cool. Canadians made up the biggest share of foreign buyers of U.S. residential real estate in 2024, according to the National Association of Realtors, with 13% of the foreign purchase market – followed by China and Mexico at 11% each.

2 weeks ago | usatoday.com | Ignacio Calderon |Andrea Riquier

After seven years of work and more than $18 million invested, Harbor Village, a new affordable housing development in Carlisle, Pennsylvania, officially opened its doors in January. The 40-unit rental development came together thanks to Safe Harbour, a housing nonprofit based in Carlisle. By the time Safe Harbour started screening prospective tenants, there were over 400 applications, said Scott Shewell, the group’s long-time president and CEO. “And I still get calls every day,” he told USA TODAY.

2 weeks ago | usatoday.com | Andrea Riquier

In March, Rocket, America’s largest mortgage lender, announced plans to buy Redfin, a national brokerage that’s spent its 20-year history trying to “redefine” residential real estate. There are big numbers involved: Redfin’s website attracts nearly 50 million views every month; Rocket says it handles more than 100,000 calls every day. The deal is worth nearly $1.75 billion. But Redfin CEO Glenn Kelman and Varun Krishna, CEO of Rocket Companies, say the consumer is at the heart of the deal.

2 weeks ago | usatoday.com | Andrea Riquier

Over the past 12 months, about half of all debt in the U.S. bond market has been Treasurys – bonds and notes issued by the federal government. That’s according to a June 8 research note from Torsten Sløk, the chief economist for money manager Apollo. “This is not healthy,” Sløk wrote.

3 weeks ago | statesman.com | Andrea Riquier

Rates for home loans eased, but as housing remains hard to afford, homebuyers have to be as resourceful as possible. Those figures don’t include fees or points, and rates in some parts of the country may be higher or lower than the national average. Mortgage rates have made little meaningful moves at all so far this year: The 30-year-fixed started January at 6.91% and has drifted up and down, a few basis points at a time, since then.