Flying The Web For News.
  • Career Exam Study
    Career Exam Study
  • US Politics
    US Politics
  • E-commerce Guide
    E-commerce Guide
  • Dropshipping Guide
    Dropshipping Guide
  • Microsoft Exam
    Microsoft Exam
  • IT Career News
    IT Career News

Article Tools/Herramientas de artículos

+ Larger Font/Fuente más grande | - Smaller Font/Fuente más pequeña




Consumer Daily Reports

Buyers have gained more purchasing power in recent weeks

By Mark Huffman Consumer News: Mortgage rates continued to fall this week of ConsumerAffairs
August 8, 2025
  • As of August 7, 2025, the 30-year fixed-rate mortgage (FRM) dropped to 6.63%, its lowest level since April, down from 6.72% the previous week. The 15-year FRM also fell to 5.75%.

  • Lower rates have boosted purchasing power; a buyer with a $3,000 monthly budget can now afford a $458,750 home, approximately $20,000 more than in May, when rates peaked at 7.08%.

  • Median asking prices are rising at one of the slowest rates in two years (+2.3% YoY), with only 26.6% of homes selling above asking. Redfin predicts a 1% drop in sale prices by year-end, but warns that buyer competition may increase if rates stay low.


Freddie Mac reports its Primary Mortgage Market Survey shows the 30-year fixed-rate mortgage (FRM) continues to drift lower. This week, it averaged 6.63%, down from 6.72% the previous week.

The 30-year fixed-rate mortgage dropped to its lowest level since April, said Sam Khater, Freddie Macs chief economist. The decline in rates increases prospective homebuyers purchasing power and our research shows that buyers can save thousands by getting quotes from a few different lenders.

This weeks rates

  • The 30-year FRM averaged 6.63% as of August 7, 2025, down from last week when it averaged 6.72%. A year ago at this time, the 30-year FRM averaged 6.47%.

  • The 15-year FRM averaged 5.75%, down from last week when it averaged 5.85%. A year ago at this time, the 15-year FRM averaged 5.63%.

Real estate brokerage Redfin reports the falling rates are giving buyers more buying power as the housing market heads into the fall months, when it typically cools. It notes that a homebuyer on a $3,000 monthly budget can afford a $458,750 home with this weeks mortgage rate. That buyer has gained roughly $20,000 in purchasing power since mortgage rates hit a recent peak of 7.08% in May.

At the same time, home price growth is losing steam. The median U.S. asking price rose just 2.3% year over year during the four weeks ending August 3, one of the smallest increases in two years.

Lower list prices

Sellers have started posting lower asking prices in response to the buyers market; Redfin economists predict sale prices will fall 1% by the end of the year. Additionally, just about one-quarter (26.6%) of homes are selling above asking price, down from 31% a year ago.

However, the window of opportunity for buyers could be short. Redfin said new listings have lost steam, staying essentially flat year over year, as would-be sellers realize they may not get the price they want for their home.

Additionally, lower mortgage rates could bring more buyers and more competition. Mortgage-purchase applications have already increased, rising 2% week over week.




Posted: 2025-08-08 10:50:27

Get Full News Story On Consumer Affairs



Listen to this article. Speaker link opens in a new window.
Text To Speech BETA Test Version.



More News From This Category

Consumer News: AccuWeather warns of life-threatening flooding threat in the Southeast

Sat, 27 Sep 2025 16:07:07 +0000

Two storms are brewing in the Atlantic and could create dangerous conditions by Monday

By James R. Hood of ConsumerAffairs
September 26, 2025

  • Storm near Cuba expected to strengthen into Tropical Storm Imelda this weekend

  • Up to 2 feet of rain possible in parts of the Carolinas early next week

  • Winds up to 85 mph could cause power outages and structural damage


Increasing risk of torrential rain

AccuWeather hurricane experts are warning about the growing threat of heavy rainfall and flash flooding as a storm moves toward the Southeast U.S. coast. The system, currently north of Cuba, is expected to strengthen into a tropical storm this weekend and could become a hurricane early next week.

There is an increasing risk of heavy and persistent rainfall over a long period of time across the Carolinas and parts of the Southeast, said Jonathan Porter, AccuWeathers Chief Meteorologist. If this storm slows down or stalls out, there may be hours of torrential rainfall that could trigger widespread, life-threatening flash flooding. A foot or more of rainfall is not out of the question.


How to prepare now

  • Stock up on food, water, medications, batteries and flashlights.

  • Secure outdoor items like furniture, grills, and trash bins that could become projectiles in high winds.

  • Know your evacuation routes and review local flood zone maps.

  • Charge phones and backup batteries in case of extended power outages.

  • Avoid flooded roads never attempt to drive through standing water.

  • Stay informed by following local emergency officials and AccuWeather updates.


Multiple scenarios still possible

Forecasters say several storm paths remain on the table, ranging from landfall somewhere along the southeastern U.S. coast to a sharp northeast turn out to sea. Regardless of track, AccuWeather expects heavy rain, flash flooding, rough surf, rip currents, coastal flooding, and even a possible tornado threat north and east of the storms center.

A widespread 24 inches of rainfall is expected from eastern Georgia to central Virginia. The highest totals816 inches, with a Local StormMax of 24 inchesare possible from northeastern South Carolina into eastern North Carolina.

Winds add to the danger

The storms wind field is expected to expand as it nears the coast. Wind gusts of 4060 mph are possible from eastern Georgia to southern Virginia, while areas near landfall could see gusts of 6080 mph, with a Local StormMax of 85 mph. These winds could cause power outages and localized structural damage.

Interaction with Humberto

Hurricane Humberto, now a major hurricane, is forecast to pass between Bermuda and the U.S. East Coast early next week. Any interaction between Humberto and the developing storm could influence the track and severity of impacts across the Southeast.

Residents urged to prepare

Porter advised residents in low-lying and flood-prone areas to be ready to move to higher ground. Flash floods are incredibly dangerous, especially after dark. Please do not try to drive down a flooded road, he said. Now is the time to prepare and make sure your emergency supplies are stocked up and ready. We dont want anyone to be caught off guard.


Read More ...


Consumer News: Backup camera mandate linked to sharp drop in child backover deaths, study finds

Sat, 27 Sep 2025 01:07:08 +0000

Fatalities have been reduced by 78% in the years the cameras have been required in new cars

By Truman Lewis of ConsumerAffairs
September 26, 2025

  • The cameras are credited with a sharp decline in backover accidents.
  • Every new car has had the cameras since 2018.
  • Fatalities are down 78%, according to the available statistics.

A federal mandate requiring all new vehicles sold in the U.S. to be equipped with backup cameras has been tied to a sharp decline in severe injuries and deaths among small children, according to research presented at the American Academy of Pediatrics 2025 National Conference & Exhibition.

The study looked at cases of children under 5 years old who suffered backover traumainjuries that occur when a pedestrian is struck by a motorized vehicle in reversebetween January 2011 and November 2024. These incidents disproportionately affect young children.

Researchers compared two sets of data:

  • Trauma registry data from a level one pediatric trauma center covering 71 patients

  • A list of 28 children compiled by Kids and Car Safety from publicly available injury records in nearby counties

Both sets showed nearly identical trends after the 2018 federal mandate took effect. Key findings included:

  • Annual rates of pediatric backover events dropped to about one-third of previous levels

  • The proportion of injuries classified as severe fell by almost half

  • Publicly reported fatal cases decreased by 78%

Expert perspective

Our study demonstrates an important association between the federal mandate in 2018 requiring all new vehicles be equipped with a backup camera, and the reduction in both rate and severity of pediatric backover trauma, said lead author Natalie A. Drucker, MD, MS, an assistant professor of pediatric surgery at UTHealth Houston.

While this is exciting, necessary progress toward injury prevention in a vulnerable population, these events continue to occur and thus demand attention and continued advocacy efforts to promote the safety of our children, she added.

What it means for families

While every new vehicle sold since 2018 has been required to include a rearview camera, many older cars still lack the feature. The authors suggest that backup cameras should be prioritizedand possibly subsidizedfor installation in vehicles built before the mandate.

The research was funded solely by the Pediatric Surgery Department at UTHealth Houston.


Read More ...


Consumer News: How to make the most of Amazon's Prime Big Deal Days

Sat, 27 Sep 2025 01:07:08 +0000

Having a plan ahead of the sale can help you get the best discounts

By Kristen Dalli of ConsumerAffairs
September 26, 2025

  • Ahead of Amazons Prime Big Deal Days, shoppers can start preparing to make the most of the sale.

  • Knowing what to buy, and what to wait on, can ensure you get the maximum savings.

  • There are several tools available to stack savings and help shoppers prepare their wishlists.


Amazon recently announced its plan for its Prime Big Deal Days on October 7-8, touting sales that consumers can take advantage of immediately.

As exciting as these big sales can be, they can also be overwhelming for shoppers.

To help break it all down and make sure youre getting the most out of this multi-day sales event, ConsumerAffairs spoke with RetailMeNots Retail Insights Expert Stephanie Carls.

The Dos and Donts of Prime Day

Carls shared her best tips for consumers to get the most out of Prime Day. Heres a look at some of her dos and donts:

  • Dont wait! Remember that Prime Day always starts early Amazon often drops pre-sale deals in the days leading up.

  • Know what categories to buy for top savings. Expect the biggest savings on toys, Amazon devices, small appliances, home goods and electronics.

  • Compare prices. Check other retailers (like Walmart, Target, Best Buy) since they often hold competing sales.

  • Use tools and apps. Deal tracker, price comparison tools and cash back platforms like RetailMeNot can help you stack savings

  • Make a list. Go in with a plan so youre buying what you need and not just what looks like a good deal

What to buy and what to skip

Just because there are great sales, doesnt mean that its the best time to buy everything youve had your eye on.

While Prime Day offers plenty of great deals, some categories see better discounts later in the year, Carls said. For example, its usually better to wait on TVs and certain tech items until Black Friday or Cyber Monday when retailers push their deepest holiday promotions. Holding off a little longer on these categories can lead to deep savings.

However, there are some things youll definitely want to get during the upcoming sales.

Prime Big Deal Days is one of the best times to shop for:

  • Toys: Amazon teased major toy discounts from LEGO, Fisher-Price, Tonies and more. Plus, toys tend to sell out quickly during the holiday season, so it's best not to wait on this category.

  • Amazon devices: Think Fire Sticks, Echo speakers, Ring doorbells, Kindles and more.

  • Small appliances: Items like air fryers, coffee makers and robot vacuums tend to see great discounts during Prime Day.

Extra savings

There are even ways to save even more ahead of Prime Day. Carls shared her best tips to help consumers be prepared and as knowledgeable as possible in advance of the sales.

  • Check out competing sales.Amazon usually isn't the only retailer offering sales in October. We recommend checking out all upcoming sales to compare prices to really make sure you're getting the best deal.

  • Use the Amazon app to get deal alerts.The Amazon app can notify shoppers when wishlist items go on sale.

  • Put deals on your wishlist in advance.Add items now to easily track discounts and pounce when prices drop.

  • Let Alexa help you. In the past, shoppers could ask Alexa "What are my Prime Day deals?" for exclusive offers, or have Alexa alert them when wishlist items go on sale.

  • Stack your savings.RetailMeNot often features exclusive cash back on Amazon Devices. When you shop through RetailMeNot, those cash back rewards stack on top of Amazon's sale prices, helping you maximize savings.

  • Get a Prime Membership.Deals are Prime-exclusive; sign up for a free 30-day trial if you're not a member.


Read More ...


Consumer News: Nearly 3/4 of consumers lie about their spending, survey finds

Sat, 27 Sep 2025 01:07:08 +0000

Experts say the lines get blurry between wants and needs when it comes to spending habits

By Kristen Dalli of ConsumerAffairs
September 26, 2025

  • A new survey from TopCashBack revealed that nearly three in four consumers lie about their spending to their loved ones out of fear of judgment or conflict.

  • A consumer expert shared that emotions play a bigger role in spending than many may realize.

  • If you struggle to budget and are often overspending, there are tangible ways to start making better money choices.


If you have a spending problem, youre not alone.

If you tend to hide that spending problem, youre also not alone.

TopCashBack, a global cashback service, recently conducted a survey of 2,000 consumers across the country to get a better idea of the emotions behind overspending, including why people so often lie to their loved ones about how much they spend.

To break down the findings, and offer insights on how to stick to budgets, ConsumerAffairs spoke with TopCashBacks consumer expert Destiny Chatman.

Where are people overspending?

The survey revealed that 73% of respondents nearly three in four people have lied about a purchase they made.

"Our survey shows people are most likely to overspend and then downplay the cost for tech, dining out, and fashion, Chatman said.

Almost half (47.3%) admitted to overspending on tech, 45.4% on dining and takeout, and 34.9% on fashion. These are everyday categories where its easy to blur the line between a want and a need, which makes them easier to justify and easier to hide."

Why are people lying about their spending?

Chatman said the majority of the reason for lying about spending comes down to a feeling of judgment or fear of conflict with a loved one.

"The main reason people lie is to avoid conflict with someone in their life, Chatman said. Nearly half (47.5%) said they lie to avoid conflict with a partner, parent, or friend, and 36.9% said they do it to feel less guilty.

Emotions also play a big role. Excitement, boredom, and stress were the top drivers of overspending. When you combine emotional spending with fear of judgment, it makes sense that people feel the need to cover up what they buy."

Breaking the habit

If you relate to these survey findings, hope isnt lost. Chatman says there are ways to break this habit and feel better about your spending.

"Recognizing the patterns is the first step, she said. Many people admitted they justify purchases with thoughts like Ill use it often (35.3%) or Ill regret it if I dont buy it (31.5%). When you know these are common mental traps, its easier to pause and ask yourself if the purchase really matches your priorities.

Making small shifts like using budgeting apps, shopping lists, or earning cash back when you shop can help turn those guilty splurges into smarter money habits."

Spending wisely

Chatman highlighted another key finding from the study that could help consumers feel less guilty about their purchases.

"One of the most surprising findings was that two-thirds (67.4%) believe theyd lie less about spending if they regularly earned savings or rewards, she said. That suggests that the guilt consumers feel isnt always tied to buying something unplanned; its about feeling wasteful.

When spending feels smarter and more rewarding, people are more confident and open about their habits. The takeaway is that you dont need to stop treating yourself, but finding ways to do it wisely makes all the difference."


Read More ...


Consumer News: AccuWeather warns of possible tropical storm, flooding risk in the Southeast

Sat, 27 Sep 2025 01:07:07 +0000

Two storms are brewing in the Atlantic and could create dangerous conditions by Monday

By James R. Hood of ConsumerAffairs
September 26, 2025
  • Tropical rainstorm could strengthen into Tropical Storm Imelda as it nears the Bahamas this weekend
  • Heavy rain and dangerous flooding possible in the Carolinas early next week

  • Hurricane Humberto also strengthening, expected to pass between Bermuda and the U.S. East Coast


Forecasters urge early preparation

AccuWeather hurricane experts are urging people, businesses and officials in the Southeast U.S. to prepare now for potential tropical storm impacts early next week. A system that developed near Hispaniola is forecast to organize into a tropical storm as it tracks toward the region, raising the risk of flooding rainfall and gusty winds.

We are advising people across the Carolinas to be prepared for the possibility of a landfalling storm between Monday and Wednesday, said AccuWeather Lead Hurricane Expert Alex DaSilva.

Growing flooding risk

The tropical rainstorm, moving toward the Bahamas, is entering an area with warm waters and less disruptive wind shearconditions favorable for development. AccuWeather says the storm could quickly strengthen and be named Imelda. If that occurs, it could become a hurricane later this weekend or early next week.

Regardless of landfall, forecasters have growing confidence in a heavy rainfall threat extending from Georgia through the Carolinas, with the potential for life-threatening flooding, coastal storm surge, and rough surf.

Humberto strengthens in the Atlantic

Meanwhile, Hurricane Humberto, the third hurricane of the season, is expected to rapidly intensify as it moves west between Bermuda and the U.S. East Coast. Humberto is forecast to become the third major hurricane of the year, bringing gusty winds and several inches of rain to Bermuda and creating hazardous surf along much of the East Coast starting Sunday.

Complicated forecast with two storms

Forecasters say the interaction between Humberto and the developing tropical system has made this forecast especially complex. Depending on how the two systems influence each other, the storm near the Bahamas could either:

  • Weaken and get absorbed into Humberto, with U.S. impacts limited to downpours and rough surf; or

  • Strengthen and track more directly toward the Southeast, bringing widespread flooding and damaging winds, especially across the Carolinas.

Residents urged to stay alert

AccuWeather experts encourage residents in the Southeast to restock emergency kits, review evacuation routes, and monitor local alerts through the weekend.

The updated AccuWeather 2025 Atlantic Hurricane Season Forecast now calls for 1316 named storms and six to nine hurricanes, slightly fewer than earlier predictions due to a midseason lull. However, the outlook for three to six direct U.S. impacts has not changed.


What to do now

  • Restock emergency kits with food, water, flashlights, batteries, medications and important documents.

  • Review evacuation routes and know your local evacuation zones.

  • Charge devices and backup power in case of extended outages.

  • Clear gutters and drains to reduce flooding risk around your home.

  • Stay tuned to local alerts and AccuWeather updates through the weekend.



Read More ...


Related Bing News Results

Consumer Reports Urges Microsoft to Extend Support for Windows 10

Wed, 17 Sep 2025 09:04:00 GMT
The renowned nonprofit product-testing organization Consumer Reports is urging Microsoft to extend support for Windows 10.

Consumer Reports asks Microsoft to keep supporting Windows 10

Tue, 16 Sep 2025 16:49:00 GMT
Consumer Reports asks that Microsoft continue providing support for Windows 10 computers for free until more people have upgraded to Windows 11. A Public Interest Research Group (PIRG) has also ...

Consumer Spending Update: Economic Confidence Down Again in September

Fri, 12 Sep 2025 09:24:00 GMT
Economic confidence decreased to 109.4 in this month’s Rasmussen Reports Economic Index, more than two points lower than August.

Consumer Reports shares the best deals, discounts available at retailers in September

Wed, 03 Sep 2025 18:05:00 GMT
FOR FALL. IF SHOPPING WASN’T ON YOUR SCHEDULE THIS LABOR DAY, NO NEED TO WORRY. CONSUMER REPORTS SAYS DEALS ON SOME OF THE PRICIEST PURCHASES FOR YOUR HOME CAN LAST THROUGH THE MONTH OF SEPTEMBER. A ...

Consumer Reports: Back to school tech

Fri, 22 Aug 2025 15:21:00 GMT
As the countdown to the new school year begins, one back-to-school essential is more important than ever — a dependable laptop. With fluctuating tech prices and uncertainty over tariffs, Consumer ...


Blow Us A Whistle




Related Product Search/Búsqueda de productos relacionados