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- Written by Consumer Affairs News
- Category: Consumer Daily Reports
Existing-home sales fell 5.5% in October to their slowest pace since August 2010, as higher mortgage rates squeezed buyers.
The median sales price rose 0.4% from a year earlier to $416,700, marking the 40th consecutive month of annual price increases.
Buyers had more homes to choose from, but affordability worsened and first-time buyers accounted for a smaller share of purchases.
Sales of previously-owned homes dropped sharply in October, reaching their lowest level in more than 16 years, as rising mortgage rates made buying a home at current prices increasingly difficult.
Existing-home sales fell 5.5% from September to a seasonally-adjusted annual rate of 3.75 million, according to the National Association of Realtors (NAR) latest report. Sales were down 8.8% from October 2025.
Author: Mark Huffman
Source: Consumer Affairs
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- Written by Consumer Affairs News
- Category: Consumer Daily Reports
A widespread Microsoft outage disrupted Outlook email and other Microsoft 365 services Thursday, with problems continuing into Friday morning.
Nearly 130,000 Outlook problem reports were recorded on Downdetector around Thursdays peak, as users struggled to open inboxes and send or receive messages.
Microsoft reported progress restoring service Friday but said intermittent problems remained. The company said it had no evidence of malicious activity.
UPDATE: Microsoft reports service was restored Friday morning.
A widespread Microsoft outage that began Thursday continued disrupting email and workplace applications Friday morning, leaving users unable to reliably access Outlook and portions of the companys Microsoft 365 platform.
Author: Mark Huffman
Source: Consumer Affairs
- Details
- Written by Consumer Affairs News
- Category: Consumer Daily Reports
AI models recommended an advertised drug in 47.6% of responses, compared with 35% when no advertisement appeared.
Advertising could shift recommendations among medically appropriate treatments, making its influence difficult to spot.
Researchers called for greater transparency but did not establish whether the changes affected prescriptions or patient health.
For years, the broadcast airwaves have been filled with ads for prescription drugs. Now, a new study has found that drug advertising is influencing the medical advice that AI platforms dispense.
The findings, gathered by the Icahn School of Medicine at Mount Sinai and reported in The Lancet Digital Health, raise questions about how consumers can distinguish medical guidance from commercial influence.
Author: Mark Huffman
Source: Consumer Affairs
- Details
- Written by Consumer Affairs News
- Category: Consumer Daily Reports
The average 30-year fixed mortgage rate fell to 7.11% this week, down from 7.18%, according to Freddie Mac.
The 15-year fixed rate declined to 6.45% from 6.57%, offering additional relief to borrowers.
Rates reached their lowest level in seven weeks but remain substantially higher than a year ago.
Mortgage rates declined for the fourth consecutive week, providing some relief to homebuyers confronting the cost of financing a purchase.
The average rate on a 30-year fixed-rate mortgage was 7.11% for the week ending November 12, according to Freddie Macs Primary Mortgage Market Survey. That compares with 7.18% last week and 6.24% a year earlier.
Author: Mark Huffman
Source: Consumer Affairs
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- Written by Bing News Search Results
- Category: Vehicle News Articles
Lunar Energy has unveiled its next-generation Lunar System and Lunar Fast Charger, which integrate solar, battery storage, and electric vehicle (EV) charging into a unified, AI-optimized system. This ...
Original Image Link
Source:finance.yahoo.com
Original Image Link
Source:finance.yahoo.com
- Details
- Written by CNET Reviews
- Category: Reviews
Here are today’s Connections hints and answers for NYT Connections No. 1,251 on Friday, Nov. 13, 2026. Here are four hints for the groupings in today’s Connections puzzle, ranked from the easiest yellow group to the tough (and sometimes bizarre) purple group.
Photo By CNET
Photo By CNET
Consumer Daily Reports Article Count: 6815
Environmental News Articles Article Count: 22
Reviews Article Count: 1931
Vehicle News Articles Article Count: 987
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