Home prices could dip in 22 U.S. cities next year, report says. See where.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
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A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
The Federal Reserve announced Wednesday to cut base interest rates by a quarter percentage point bringing 4.25%. It's the first cut we've seen in nine months and that could have an impact on consumer interest rates for credit card debt, car loans and mortgage rates. CBS News has this report.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Extreme weather linked to climate change will likely lead to more Americans losing their homes as foreclosure rates rise, researchers predict.
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
Millions of U.S. homeowners are spending more than 30% of their monthly income on housing. Here are the hardest hit states.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
In a lawsuit filed this week in federal court, UWM and its CEO are accused of pressuring brokers to send their clients to UWM which in turn pushed homebuyers into expensive mortgages.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
Starting in May, some people with higher credit scores may actually end up paying a higher fee on their mortgage, while those with lower credit scores pay less.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Is the Obama administration failing the housing market? Maybe.
The benchmark conforming 30-year fixed mortgage rate dipped slightly from 4.24 percent to 4.23 percent, according to Bankrate.com's weekly national survey.
While the legislation passed both the Michigan House and Senate, it was never formally sent to the governor, leaving it stalled in legal limbo.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
A former Harper Woods nursing home assistant is accused of stealing a resident's debit card and making nearly $9,000 in purchases and withdrawals.
As temperatures gradually warm and plants begin to bloom, the vernal equinox symbolizes the transition from winter's dormancy to the vibrant growth of spring.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Police in Clawson, Michigan, say they are working to identify someone who has knocked on the doors of multiple homes in one neighborhood after some claimed that the person appeared to be impersonating a DTE worker.
While the legislation passed both the Michigan House and Senate, it was never formally sent to the governor, leaving it stalled in legal limbo.
The Bloomfield Township Police Department says officers and the Oakland County SWAT responded to the area of Quarton Road between Franklin and Middlebelt.
Police allege that the suspects entered the two stores on March 12 and stole multiple items, threatening to shoot an employee at one of the stores.
Prosecutors say more than $300,000 was obtained by the victim through changes to his will and trust that benefited Sprague rather than his children and grandchildren.
Gas prices are currently hovering just below $4 a gallon in much of Michgan, AAA says.
Henry Ford introduced the moving assembly line, a system that reshaped industrial production and helped make automobiles more accessible to the public.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
The United Auto Workers says that Detroit Diesel is adding a third shift, recalling laid-off workers and hiring dozens more people.
AAA says motorists are paying an average of $3.53 a gallon for regular unleaded gas in the United States.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
Afroman spoke to CBS News after he won the case, which tested the limits of parody and the license artists can take in social commentary directed at public figures.
Short film director Sam Davis gave a shout out to his Michigan hometown when accepting an Oscar award on Sunday.
The film follows CBS News correspondent Steve Hartman and photographer Lou Bopp through their seven-year journey to document the toll of America's school shooting epidemic.
The acclaimed filmmaker, who died in February at age 96, revolutionized the art of documentaries with such films as "Titicut Follies." In an interview recorded last year, the pioneering Wiseman talked about his unusual production methods aimed at capturing life.
The Trump administration argued that Harvard unlawfully discriminated against Jewish and Israeli students, in violation of federal civil rights law.
Alex DeBrincat scored the go-ahead goal with 3:25 remaining and assisted on Detroit's two other goals, lifting the Red Wings to a 3-1 victory over the Montreal Canadiens.
Morez Johnson Jr. had 21 points and 10 rebounds on a perfect shooting night, and No. 1 seed Michigan rode a second-half surge to a 101-81 victory over 16th-seeded Howard in the first round of the NCAA Tournament.
Jalen Duren had 24 points and 11 rebounds and the Detroit Pistons never trailed in a 117-95 victory over the Washington Wizards, their first game since All-Star guard Cade Cunningham was ruled out for at least two weeks with a collapsed left lung.
Carson Cooper matched his career high with 20 points and grabbed 10 rebounds as Michigan State routed North Dakota State 92-67 to reach the second round of the NCAA Tournament for the 22nd time in 28 consecutive appearances under coach Tom Izzo.
Michigan health officials have identified a measles outbreak in Washtenaw County after three linked cases were reported since March 12.
Legislation is pending in Lansing that is intended to prohibit the sale or distribution of a substance called kratom.
A new report says Michigan should invest in primary care doctors to ease a severe shortage of physicians that has led to long wait times, higher costs and missed care.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
China Reynolds' son, Auggie, could be waiting for the next 6 to 12 months in the hospital until a new heart is available.
Michigan is hosting the women's NCAA Tournament for the second time, and is hoping home court is an advantage again.
Alex DeBrincat scored the go-ahead goal with 3:25 remaining and assisted on Detroit's two other goals, lifting the Red Wings to a 3-1 victory over the Montreal Canadiens.
Morez Johnson Jr. had 21 points and 10 rebounds on a perfect shooting night, and No. 1 seed Michigan rode a second-half surge to a 101-81 victory over 16th-seeded Howard in the first round of the NCAA Tournament.
Jalen Duren had 24 points and 11 rebounds and the Detroit Pistons never trailed in a 117-95 victory over the Washington Wizards, their first game since All-Star guard Cade Cunningham was ruled out for at least two weeks with a collapsed left lung.
Carson Cooper matched his career high with 20 points and grabbed 10 rebounds as Michigan State routed North Dakota State 92-67 to reach the second round of the NCAA Tournament for the 22nd time in 28 consecutive appearances under coach Tom Izzo.
Dave Coulter updates Oakland County's move to its new offices in downtown Pontiac and when that might take place.
Gardner White opened doors in Detroit in 1912, and the retailer continues to expand with nine new stores planned this year.
Rose talks about a new TV series being filmed in Detroit called "South West High," which revolves around a fictional high school in the Motor City.
As Women's History Month kicks off, Donna Murray-Brown, the new president and CEO of Inforum, appears on Michigan Matters.
Penske, a business and racing legend, turns 89 on Feb. 20 and is celebrating his 60th year in racing during 2026.
Rudy's Prime Steakhouse in Clarkston was named HOUR Detroit's 2026 Restaurant of the Year.
CBS News Detroit is celebrating Foodie Friday with My Big Fat Shawarma, which has locations in Detroit, Warren and West Bloomfield.
A Monroe High School student was arrested after he allegedly attempted to carjack another student outside the school on Thursday.
Oakland County Executive Dave Coulter appears on Michigan Matters this Sunday and talks about his county and how it is faring during challenging economic times.
While hosting Japan's prime minister in the Oval Office on Thursday, President Trump downplayed the impact of the war in Iran on global energy prices. Erica Brown reports.