Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Home Sales
Fewer available homes driving up prices
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Frustrated coastal home buyers contend with low inventory, high demand
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
Consumer debt passes $17 trillion
Stocks closed relatively flat as investors reacted to new consumer debt and mortgage data. Sanders Morris Harris chairman George Ball spoke with CBS News about what the numbers mean for investors and the economy.
Home sale prices decline in parts of U.S.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
Stocks slide after earnings reports
Stocks closed in the red across the board Tuesday, as investors react to first quarter earnings reports. CenterSquare senior investment strategist Uma Moriarity spoke with Errol Barnett about what the results mean for investors going forward.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Investors react to earnings reports
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Home flipping profits decline
New data shows home flipping in the United States is still popular, but last year the practice saw its lowest profits since 2008. CBS MoneyWatch reporter Khristopher Brooks joins Errol Barnett and Elaine Quijano to discuss the trends.
Housing market cools amid prime season
Peak homebuying season is near, but it may not be as fruitful for buyers or sellers. Realtor.com executive news editor Clare Trapasso joins "CBS News Mornings" to discuss.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
U.S. homes see decline in value, report finds
A new report from Redfin found that homeowners are seeing a significant decline in their home values, dropping a total of $2.3 trillion between June and December of 2022. Taylor Marr, deputy chief economist at Redfin, joins CBS News to discuss the report.
Maneuvering the housing market slowdown
Existing home sales declined once again in January for the 12th straight month, to the lowest level posted in more than 12 years. Veronica Dagher, a personal finance reporter for the Wall Street Journal, joins CBS News to discuss how you should maneuver the market if you're looking for a new home.
More Americans move to the South
After the height of the pandemic, data shows more people have moved away from big cities and are heading toward Florida, Texas and the Carolinas. Nadia Evangelou, senior economist and director of real estate research with the National Association of Realtors, joins "CBS News Mornings" to discuss which areas are seeing the biggest population booms.
Here's how much renting will cost you versus buying a home
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
Best cities for first-time homebuyers
CBS MoneyWatch reporter Khristopher Brooks joins anchors Lilia Luciano and Michelle Miller with a look at some of the best cities for first-time homeowners.
Housing market forecast for 2023
Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News to share his forecast for the 2023 housing market at the start of the new year.
Pending home sales slide in November
According to the National Realtor Association, pending home sales declined by 4% in November. It's the second-lowest monthly reading in 20 years. George Ratiu, a senior economist at Realtor.com, joins CBS News with more on that and what's affecting the stock market.
Famed "Goonies" house for sale in coastal Astoria, Oregon
Since the movie hit theaters in 1985, fans have flocked to the home in northwestern Oregon's historic port of Astoria.
Home sales decline for ninth straight month
U.S. home sales fell 5.9% in October, and have fallen 28.4% since last year, according to new numbers from the National Association of Realtors. Mark Lehmann, chief executive officer for JMP Securities joined CBS News to discuss the volatile state of the housing market and what potential homebuyers should expect for the near future.
Home sales are slumping badly as affordability remains a hurdle
Housing prices have fallen 32% this year, although they remain higher than before the pandemic.
High mortgage rates drive down home sales
Home sales across the country over the last eight months are down as the Federal Reserve raises interest rates. Rising mortgage rates are shrinking the number of people who can get a loan and buy a home. Lilia Luciano takes a look.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Exclusive
Trump has mulled timeline for Iran strikes, but no decision yet
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
8 skiers dead after avalanche near California's Lake Tahoe; 9th still missing
Search teams are scouring the back country near California's Lake Tahoe for nine skiers still missing after an avalanche.
U.S. planning to pull all troops from Syria, sources say
The U.S. is planning to withdraw its remaining 1,000 troops from Syria over the next two months, U.S. officials told CBS News, ending a roughly decade-long presence there.
Months before death by suicide, aide texted she had an affair with congressman
Regina Santos-Aviles told a colleague in a text message months before her death that she had an affair with Gonzales.
Trump administration gives ICE broader powers to detain legal refugees
The Trump administration has given ICE the authority to detain refugees who entered the U.S. lawfully but don't have green cards yet, part of a bid to scrutinize the legal immigration system, according to a government memo obtained by CBS News.
Judge holds DOJ lawyer in contempt as tensions flare over immigration cases
A Minnesota federal judge ordered a government attorney to be held in civil contempt of court, further escalating tension between the judiciary and Trump administration over immigration cases.
Mass departures from DOJ are boon for law firms, legal groups
More than 5,000 employees have resigned, retired or been fired from the Justice Department in the first year of Mr. Trump's second administration.
California avalanche near Lake Tahoe is among the deadliest in U.S. history
An avalanche near California's Lake Tahoe has become the fourth deadliest in U.S. history. Here's what we know about the six deadliest slides.
U.S.
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Mass departures from DOJ are boon for law firms, legal groups
More than 5,000 employees have resigned, retired or been fired from the Justice Department in the first year of Mr. Trump's second administration.
Newark Airport reopens after aircraft emergency caused ground stop, FAA says
Newark Liberty International Airport reopened Wednesday evening after an aircraft emergency caused a ground stop.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Reese's family member criticizes Hershey for "quietly replacing" ingredients
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
MoneyWatch
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Wine giant Gallo closing Napa Valley facility, laying off dozens of workers
California wine giant Gallo is set to close one of its Bay Area production facilities, laying off nearly 100 workers there and at four other wineries and tasting rooms in Napa and Sonoma counties.
Reese's family member criticizes Hershey for "quietly replacing" ingredients
Brad Reese claims Hershey is cutting costs by relying on cheaper ingredients, risking the Reese's brand.
Zuckerberg questioned on under-13 Instagram users in social media trial
The Meta CEO defended his company's efforts to keep kids under 13 off of Instagram, but noted that there are "people who lie" about their ages.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
Judge: Lawsuit against Buffalo Wild Wings has "no meat on its bones"
A federal judge dismissed a lawsuit filed by an Illinois man who alleged that Buffalo Wild Wings' use of the term "boneless wings" was deceptive.
Politics
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Trump administration gives ICE broader powers to detain legal refugees
The Trump administration has given ICE the authority to detain refugees who entered the U.S. lawfully but don't have green cards yet, part of a bid to scrutinize the legal immigration system, according to a government memo obtained by CBS News.
Judge holds DOJ lawyer in contempt as tensions flare over immigration cases
A Minnesota federal judge ordered a government attorney to be held in civil contempt of court, further escalating tension between the judiciary and Trump administration over immigration cases.
Mass departures from DOJ are boon for law firms, legal groups
More than 5,000 employees have resigned, retired or been fired from the Justice Department in the first year of Mr. Trump's second administration.
Bondi orders Justice Department to prioritize animal welfare enforcement
Attorney General Pam Bondi ordered the Justice Department to prioritize animal welfare enforcement, in a move she said will entail stepping up prosecutions and even doling out grants to animal welfare groups.
NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
HealthWatch
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NIH's Jay Bhattacharya will also serve as acting CDC director
The Centers for Disease Control and Prevention hasn't had a Senate confirmed director since last summer, and that official was in the job for less than a month.
Moderna says FDA to review its flu vaccine after reversing course
With the reversal from the FDA, Moderna said it is aiming to make the vaccine available for the 2026-27 flu season.
FDA investigating Salmonella outbreak connected to moringa powder
Rosabella-brand moringa capsules could be linked to Salmonella cases in seven U.S. states, health officials said.
Measles cases at university in Florida soar to nearly 60
Twenty one states in the U.S. have confirmed cases of measles.
Can TrumpRx help you save money on drugs? Here's what experts say.
The Trump administration's new discounted drug platform, TrumpRx, isn't a game-changer for consumers, health care experts said.
World
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U.S. men's hockey team defeats Sweden in overtime at Olympics quarterfinal
The U.S. and Canada men's hockey teams are moving on to the semifinals at the Winter Olympics.
Exclusive
Trump has mulled timeline for Iran strikes, but no decision yet
Trump has not yet made a final decision about whether to strike Iran, sources told CBS News.
Ukraine protests as Russians cleared to fly their flag at Paralympics
Ukraine calls a decision to allow Russian and Belarusian athletes to compete in the 2026 Paralympics under their nations' flags, "disappointing and outrageous."
4th alleged rape victim testifies against Norway princess's son
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Zelenskyy says Putin playing for time as U.S.-brokered talks wrap up
U.S.-brokered Ukraine-Russia peace talks wrap up with little to show, and Zelenskyy accusing Moscow of playing for time
Entertainment
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Bad Bunny lands first lead acting role in the film "Porto Rico"
Bad Bunny is set to star in his first leading role in the film "Porto Rico" alongside Javier Bardem, Viggo Mortensen and Edward Norton.
From the archives: Robert Duvall
Academy Award-winning actor Robert Duvall died on Feb. 15, 2026 at the age of 95. In this June 25, 2006 "Sunday Morning" profile, the star of such classics as "The Godfather," "Apocalypse Now," and the TV miniseries "Lonesome Dove" talked with Rita Braver about his career, including the early days hanging out with Gene Hackman and Dustin Hoffman; his Oscar-winning performance as a country singer in "Tender Mercies"; and his love of westerns. He even gave a visiting reporter an impromptu tango lesson.
Stephen Colbert slams CBS again amid controversy over Talarico interview
"The Late Show" host Stephen Colbert slammed CBS again on Tuesday night after the network issued a statement about his interview with Texas Democrat James Talarico.
Stephen Colbert slams CBS, says network blocked James Talarico interview
"The Late Show" host Stephen Colbert criticized CBS on Monday night, saying the network blocked his interview with U.S. Senate hopeful James Talarico from airing.
Anderson Cooper to depart "60 Minutes" at end of season
Anderson Cooper will report multiple stories for "60 Minutes" before the end of the television season in May.
Technology
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Technology
Mark Zuckerberg appears in social media trial
Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was intentionally designed to be addictive, especially to kids. Jo Ling Kent was in the courtroom and has more on the landmark trial.
Zuckerberg testifies at landmark trial
Meta CEO Mark Zuckerberg was in court on Wednesday, testifying in a pivotal trial on social media addiction and potential legal remedies. CBS News correspondent Carter Evans has the details.
How AI powered robots are helping small farms
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Mark Zuckerberg's team scolded in court
Meta CEO Mark Zuckerberg defended his social media company in court on Wednesday against allegations that it's designed its apps to be addictive and harmful to children. CBS News' Carter Evans reports on the trial, and technology journalist Jacob Ward has more details.
Zuckerberg testifies in landmark trial
Meta CEO Mark Zuckerberg is testifying in a landmark social media addiction trial on Wednesday. CBS News correspondent Carter Evans has more.
Science
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In a first, shark seen on camera in Antarctica waters, surprising researchers
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
How Washington's crossing of the Delaware presaged a changing world
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in a surprise crossing of a near-frozen Delaware River - a watershed military maneuver that dramatized a changing America, and a changing climate.
These United States: George Washington and climate change
On the evening of Christmas 1776, Gen. George Washington surprised the King's forces by leading the Continental Army in an unanticipated crossing of a near-frozen Delaware River. Environmental correspondent David Schechter looks at how Washington's watershed military maneuver dramatized both a changing America, and a changing climate.
Impact of climate change on Winter Olympics
The Winter Olympics in Milan need artificial snow due to climate change and warmer weather. Athletes say man-made snow makes terrain more difficult and unpredictable. Rob Marciano reports on its impact.
Scientists "quite surprised" to find one polar bear population thriving
After decades monitoring polar bears in Norway's far north, researchers say the animals have proven incredibly adaptable, but there are no guarantees for the future.
Crime
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Crime
Guthrie investigators haven't ruled out accomplice
The Pima County sheriff told CBS News that investigators have not ruled out the possibility of an accomplice in the disappearance of Nancy Guthrie. CBS News reporter Andres Gutierrez has the latest.
Accomplice not ruled out in Nancy Guthrie disappearance, Arizona sheriff says
Authorities haven't named a suspect or person of interest in Nancy Guthrie's disappearance as the search continued for a third week.
Latest details in Nancy Guthrie case
DNA on gloves found near Nancy Guthrie's home did not match any in the FBI's database, the agency said, but investigators are still focusing on possible evidence as the search for "Today" co-host Savannah Guthrie's mother continues. CBS News' Andres Gutierrez has the latest.
4th alleged rape victim testifies against Norway princess's son
Marius Borg Hoiby faces 38 charges, including raping four women while they were asleep or had passed out.
Zuckerberg taking the stand at trial
Meta CEO Mark Zuckerberg is taking the stand at a landmark trial on the effects of social media. CBS News' Jo Ling Kent reports.
Space
More Space
Fresh crew arrives at International Space Station to boost numbers back to 7
The Crew 12 docking came one month after a previous crew had to return to Earth early due to a medical issue.
SpaceX launches crew to ISS
NASA and SpaceX launched a new mission to the International Space Station with four crew members on board to replace the team that returned last month due to a medical issue with one member. Mark Strassmann has more.
SpaceX launches space station crew on 8-month mission
The two-woman, two-man crew is replacing four other station fliers who came home early last month due to a medical issue one was having.
NASA, SpaceX mission prepares for launch
NASA and SpaceX say they have completed their final reviews and are ready to launch a crewed mission to the International Space Station on Friday. Retired NASA astronaut Leroy Chiao joins "The Daily Report" to discuss.
ULA rocket has booster problem while launching classified Space Force payloads
A United Launch Alliance Vulcan rocket carrying classified Space Force payloads suffered a booster problem but apparently made an otherwise "nominal" ascent to space, the company said.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
Newark Airport reopens after emergency landing
Newark International Airport briefly closed on Wednesday after a JetBlue flight made an emergency landing. CBS News senior transportation correspondent Kris Van Cleave reports.
"Fire devils" swirl in Oklahoma
Dangerous weather threatened much of the U.S. on Wednesday. Rob Marciano reports on avalanche, fire, tornado and storm threats around the country.
New, dramatic testimony in Colin Gray's trial
There was new dramatic testimony in the trial of Colin Gray, the father accused of purchasing the rifle his son used to kill four people at his Georgia high school in 2024. Skyler Henry has more.
Mark Zuckerberg appears in social media trial
Mark Zuckerberg took the stand on Wednesday to fight off allegations that Instagram was intentionally designed to be addictive, especially to kids. Jo Ling Kent was in the courtroom and has more on the landmark trial.
Delta flight turns around due to violent passenger
A Delta Air Lines flight took off, then had to turn around because of concern that a violent passenger would try to enter the cockpit. Kris Van Cleave reports.