(Hot Trends article updated with information on the House passing the unemployment benefits bill and mortgage rates.)NEW YORK ( TheStreet) -- "Unemployment benefits" is a popular search topic today after the House voted 272 to 152 to pass legislation granting unemployment benefits to 2.5 million Americans who have been jobless for six months. The bill passed the Senate on Tuesday. Administration officials said President Obama will sign the bill immediately. The bill will cost $34 billion, and the jobless will receive $300 a week on average, retroactive to June and lasting through November.
"Mortgage rates" is a hot topic on the Internet today following news that 30-year fixed mortgages and 15-year fixed mortgages have reached their lowest recorded levels since Freddie Mac ( FMCC) began compiling mortgage finance data in 1971. For the week ending July 22, 30-year mortgage rates averaged 4.56% and 15-year mortgage rates averaged 4.03%. "The decline in mortgages rates over the past few weeks echoes the recent signs of weakening confidence in the strength of the economy, particularly the housing and consumer sectors," said Frank Nothaft, vice president and chief economist at Freddie Mac.
"AmeriCredit" is trending on Google today after General Motors announced plans to buy AmeriCredit ( ACF) for $3.5 billion. "This acquisition supports our efforts to design, build and sell the world's best vehicles by expanding the financing options we can offer to consumers who want to buy GM vehicles," said Ed Whitacre, GM chairman and CEO.