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Top confoundedinterest.net News

Jerome Powell · United States

Average Rate on a 30-Year Mortgage Drops to Lowest Level Since April

70% Center coverage: 30 sources

The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective homebuyers who have been held back by stubbornly high home financing costs. The long-term rate fell to 6.63% from 6.72% last week, mortgage buyer Freddie Mac said Thursday. A year ago, the rate averaged 6.47%. Borrowing costs on 15-year fixed-rate mortgages, popular with homeowners refinancing their home loans, also fell. The a…See the Story

Tariffs · West Palm Beach

"No choice but to raise prices" tariffs squeeze businesses as White House hails inflation data

100% Center coverage: 24 sources

The White House emphasized stable inflation figures while businesses and experts warned of price hikes due to tariffs.See the Story

Donald Trump · United States

Trump labor secretary touts ‘native-born’ share of job gains

37% Center coverage: 22 sources

See the Story

US 30-Year Mortgage Rate Dropped Last Week, Refi Applications Surged

56% Center coverage: 9 sources

By Ann Saphir (Reuters) -The interest rate for the most popular U.S. home loan dropped to 6.67% last week, the lowest rate since early April, triggering a rush of homeowners seeking to lock in cheaper financing on existing mortgages but doing relatively little to draw new homebuyers into the market. The average contract rate on a 30-year fixed-rate mortgage fell 10 basis points in the week ended August 8, the Mortgage Bankers Association said on…Business · United States See the Story

Amazon Cloud Revenue Fails To Impress; Weak Jobs Number May Make Case For Rate Cut

46% Center coverage: 13 sources

Markets wobbled despite strong earnings from tech giants. Figma’s IPO soared, jobs data missed, and tariffs returned—boosting Fed rate cut odds to 67%.Jerome Powell · United States See the Story

Stark drop in % of 30 year olds who are both Married and Homeowners \ stacker news ~charts_and_numbers

It's looking grim for the human race ... Homes as a primary vehicle for savings is such a mistake. Nobody can afford to settle down. (Source) https://pbs.twimg.com/media/GxWaZJxWQAAs2r8?format=jpg&name=large Related: https://pbs.twimg.com/media/GxWbCaVXEAAPI0x?format=jpg&name=largeLos Angeles, California · Los Angeles See the Story

Mortgage Rates Go Down Over the Last Week: Today's Mortgage Rates on July 29, 2025

100% Center coverage: 1 sources

Any drop in mortgage rates is good news for homebuyers, but rates still remain high compared to a few years ago.Technology · United States See the Story

US Home Price Gains at Slowest Pace in Nearly 2 Years: Case-Shiller

100% Right coverage: 1 sources

The S&P CoreLogic Case-Shiller Index, the leading measure of U.S. home prices, showed a 2.3 percent annual gain in May, down from 2.7 percent in April, marking the lowest level since July 2023. Meanwhile, the 20-city composite showed a year-over-year gain of 2.8 percent, a decline from a 3.4 percent increase in April. The 10-City composite experienced an annual growth rate of 3.4 percent, a decrease from 4.1 percent in April. New York City repor…US Elections · United States See the Story

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