Andrea Riquier
Housing Market Reporter at USA Today
Independent journalist, @ImpactAlpha contributing editor. Basset hound mom, runner, yogi. Survivor. My opinions have always been my own.
Articles
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3 days ago |
usatoday.com | Andrea Riquier
The housing market has been on a roller coaster for the past several years, but as the ride slows to a crawl, home prices and some other measures are likely to come back to earth. Hereâs what to know about some of the most important aspects of the market. Prices surged during the pandemic â up roughly 50% over the last five years, depending on which gauge you use â as mortgage rates hit rock-bottom and Americans reconsidered where they wanted to live. Such big gains have had consequences.
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1 week ago |
usatoday.com | Andrea Riquier
Rates for home loans hovered in the same range they've been stuck in for a while, even as big economic forces rocked the housing market. In the week ending May 8, 30-year fixed-rate mortgages averaged 6.76%, Freddie Mac announced. That’s unchanged from last week and almost the exact same level that the popular product has averaged so far in 2025. 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.
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1 week ago |
usatoday.com | Medora Lee |Andrea Riquier
U.S. stocks opened higher after President Donald Trump said in a social media post he planned to announce a trade deal on Thursday. The S&P 500 added about 40 points, or 0.7%, to start trading near 5,671, while the Dow Jones Industrial Average was up 234 points, about 0.6%, to trade near 41,348. The Nasdaq jumped 190 points, nearly 1.1%, to trade near 17,928.
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1 week ago |
sg.finance.yahoo.com | Paul Davidson |Bailey Schulz |Rachel Barber |Andrea Riquier |Medora Lee
“We are going to need to see how this evolves. There are cases in which it would be appropriate for us to cut rates this year. There are cases in which it wouldn't. And we just don’t know until we know more about how this is going to settle out and what the economic implications are for employment and for inflation,” he said.
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1 week ago |
usatoday.com | Bailey Schulz |Paul Davidson |Andrea Riquier |Medora Lee |Rachel Barber
Despite President Donald Trump pressing for lower interest rates, economists say the Federal Reserve will likely stick to its wait-and-see approach and hold rates steady on May 7. The Fed will likely need more clarity before ending the pause, economists say.
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