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.
Communities across Michigan are reminding area residents how local emergency alert systems work in case of tornadoes and other severe weather.
Lindsay Kalt's work day as a reading specialist at Temple Israel ended at noon like usual last Thursday. But things ended differently when a man rammed his car into the building.
Michigan Gov. Gretchen Whitmer on Tuesday declared a state of emergency in Alcona, Alpena, Delta, Missaukee, Ogemaw, Roscommon and Wexford counties.
Jalen Duren had 36 points and 12 rebounds for the Eastern Conference-leading Detroit Pistons, who lost fellow All-Star Cade Cunningham to back spasms in the first half of a 130-117 victory over the Washington Wizards.
A man charged in connection with a shooting last year at the Corewell Beaumont Troy Hospital was sentenced to 13.25 years in prison.
The vote from 10,000 nurses at nine hospitals and campuses received 90% approval for authorization
A newborn baby girl died after being attacked by a dog Tuesday, police said.
Google is the company behind plans for Project Cannoli, a computer data center proposed for a site near I-94 and Haggery Road.
Communities across Michigan are reminding area residents how local emergency alert systems work in case of tornadoes and other severe weather.
The Michigan Air National Guard has canceled the 2026 Selfridge Open House and Air Show, which was scheduled for May 30 and 31.
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.
For the first time in 15 years, Stellantis is not issuing a profit-sharing distribution to UAW-represented employees.
Union Vice President Laura Dickerson confirmed that the worker, TJ Sabula, "has no discipline on his record."
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.
Hollywood's biggest stars were honored at the 98th annual Academy Awards on Sunday. Here is what to know and how to watch the 2026 Oscars.
A woman was arrested on Sunday for firing multiple shots at the Beverly Hills home of Rihanna, Los Angeles Police Department officials say.
Jalen Duren had 36 points and 12 rebounds for the Eastern Conference-leading Detroit Pistons, who lost fellow All-Star Cade Cunningham to back spasms in the first half of a 130-117 victory over the Washington Wizards.
A $4.3 billion investment is going toward a battery cell manufacturing plant in Lansing, Michigan, to provide Tesla with prismatic battery cells.
President Trump's director of the National Counterterrorism Center, Joe Kent, announced his immediate resignation Tuesday, citing the administration's decision to intervene in Iran.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
The Senate voted to begin a marathon debate on the SAVE America Act, an elections bill that President Trump has been pressing Republicans to pass.
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.
A second resident of Washtenaw County is suspected to have measles, as health officials continue an investigation about potential cases and exposure sites.
A measles case has been confirmed in Washtenaw County, with health officials investigating when and where others may have been exposed in Southeast Michigan.
Michigan Medicine will drop thousands of Blue Cross Blue Shield members if a deal isn't reached.
Jalen Duren had 36 points and 12 rebounds for the Eastern Conference-leading Detroit Pistons, who lost fellow All-Star Cade Cunningham to back spasms in the first half of a 130-117 victory over the Washington Wizards.
Michigan's basketball program has a shot to win its first national title since 1989 thanks to a rebuild under Dusty May.
Patrick Kane scored twice for Detroit to move into sole possession of fourth place on the all-time goals list for NHL players born in the U.S. and lead the Red Wings to a 5-2 victory over the Calgary Flames on Monday night.
The top 16 seeds in the 68-team women's NCAA field will host first- and second-round games, with the regional rounds being played at two neutral sites for the fourth straight year.
The Detroit Pistons were topped by the Raptors 119-108 on Sunday. Brandon Ingram had a game-high 34 points for Toronto.
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.
Claressa Shields talks about giving back to the community and her efforts to increase equity for women in sports.
Happy Hump Day!! Mostly cloudy and breezy today, with a high near 39. We may see a chance of flurries this afternoon, mixing with sprinkles after 3pm. Looking ahead to mainly rain Thursday morning with a bit of light ice or even a few snowflakes further north/west, then becoming all rain by the afternoon hours. Warming continues on Friday with highs approaching 60F further south.
A man charged in connection with a shooting last year at Corewell Beaumont Troy Hospital was sentenced to 13.25 years in prison.
Detroit police shut down a bar on Tuesday due to what they say is multiple reoccurring safety issues.
Lindsay Kalt's work day as a reading specialist at Temple Israel ended at noon like usual last Thursday. But things ended differently when a man rammed his car into the building.
A husband was taken into custody after police say his wife was fatally shot on Tuesday in Center Line, Michigan.