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.
The New York Knicks captured their first NBA championship since 1973 with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals on Saturday night.
Hearts remain broken for the four people who were fatally shot on Tuesday in Livonia, Michigan. Friends and strangers came together on Saturday to help their families lay them to rest.
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
A man is facing two charges after being accused of stealing a vehicle in Green Bay, Wisconsin, kidnapping his roommate and then driving to Michigan's Upper Peninsula, where he was arrested, according to the Michigan State Police.
The National Weather Service has confirmed two EF-0 tornadoes touched down in West Michigan as severe storms swept through the Midwest on Thursday night.
A 16-year-old girl is dead and two other people are injured after a car fire and crash in Macomb Township, Michigan, early Saturday.
Hearts remain broken for the four people who were fatally shot on Tuesday in Livonia, Michigan. Friends and strangers came together on Saturday to help their families lay them to rest.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
Children's Protective Services is investigating after police said three children were found in a non-running car in Redford Township, Michigan, on Thursday, when the area was under a heat advisory.
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
The United Auto Workers announced on Wednesday a tentative agreement with American Axle in Three Rivers, Michigan, ending a 10-day strike.
American Axle, which is headquartered in Detroit, is a Tier 1 supplier to General Motors. UAW members have launched a strike at its Three Rivers site.
The UAW became known for fighting for higher wages, improved benefits and safer working conditions for workers across the auto industry.
Stellantis unveiled a nearly $70 million five-year strategic plan with the launch of new vehicles — including hybrids and EVs — over the next five years.
A well-known jazz club in Detroit is hitting a new high note. After going dark in May for renovations, Baker's Keyboard Lounge is reopening to the public.
The United States is co-hosting the World Cup for the first time in more than 30 years, and organizations and businesses in Metro Detroit are making sure sports fans have a place to watch the competition.
The project, called "The Stories of Us," invites communities across the country to reflect on their past, present, and future.
The 29th annual Michigan Lottery Arts, Beats & Eats festival kicks off Labor Day weekend in Royal Oak.
Joe Negri, known to many as Handyman Negri on "Mr. Rogers' Neighborhood," has died at the age of 99, just days shy of his 100th birthday.
Ford is recalling more than 250,000 vehicles that were incorrectly repaired under a previous recall meant to fix a problem that caused the engine to stall while driving, according to the National Highway Traffic and Safety Administration.
NBA star James Harden was booked into jail and released on bond less than 2 hours later.
President Trump issued an executive order in March 2025 ordering national parks to not display elements that "inappropriately disparage Americans past or living."
The U.S. men's national soccer team made easy work of Paraguay in its World Cup opener Friday, defeating the South American side 4-1 at SoFi Stadium.
Tanner Bibee won his second straight start and had eight strikeouts as the Cleveland Guardians beat the Detroit Tigers 3-2 to snap a four-game losing streak.
Following claims of toxic mold at the Women's Huron Valley Correctional Facility, the Michigan Department of Corrections says testing did not show "evidence of systemic black or toxic mold conditions."
The victim may have had a medical emergency before the vehicle went underwater, Grand Blanc Township police said.
New data from Flint's Rx Kids program shows an 18% reduction in preterm births and a 27% drop in low birth weights, and Detroit officials say they expect similar results as enrollment nears 3,000 families.
Feldman Automotive and the Wahlberg family teamed up to launch the outing six years ago, growing it into one of the region's top charity golf events.
Now out of the hospital, Tavaun Clark says he's focused on recovering and getting back to what he loves most, playing football this summer.
The New York Knicks captured their first NBA championship since 1973 with a 94-90 win over the San Antonio Spurs in Game 5 of the NBA Finals on Saturday night.
Mexican authorities are investigating how a corpse ended up outside a stadium in the border city of Tijuana, where Iran's national team has been training for the World Cup.
Tarik Skubal was tagged for a two-run homer by Cleveland's Daniel Schneemann in the two-time reigning Cy Young winner's return from elbow surgery and the Guardians downed the Detroit Tigers 3-1.
The Detroit Tigers welcomed back their best pitcher and placed another starter on the injured list.
NBA star James Harden was booked into jail and released on bond less than 2 hours later.
We're in the throes of the 100 most dangerous driving days of the year as more folks take to the road for vacations.
Four leaders appear in one-on-one conversations on CBS Detroit's Michigan Matters this Sunday to discuss their political futures and the road ahead in the 2026 midterms.
Bob Riney, president and CEO of Henry Ford Health, headlines Michigan Matters this Sunday, along with three other community champions who discuss important issues dissected at the Mackinac Policy Conference.
It's the fourth year the Detroit Grand Prix has been on the streets of the Motor City after moving from Belle Isle.
This week on Michigan Matters, the roundtable talks about the governor's race and the impact of former Detroit Mayor Mike Duggan.
Looking at showers and thunderstorms late over night with a chance for a few gusty ones after 1 am. Storms linger into Sunday morning and will begin to taper off by mid day, temps cooling a bit into the 70's. Temps remain in the 70's through this week.
President Trump said on social media Saturday that a memorandum of understanding between the U.S. and Iran will be signed on Sunday. The announcement was made after the U.S. shot down several Iranian attack drones in the Strait of Hormuz. Olivia Gazis reports.
Hundreds of people in Detroit on Saturday took part in the March of Dimes' March for Babies. The event raised money to help moms and babies start and stay healthy.
The family of Oakland County Dr. Calandra Green, who was killed in 2023, is working to keep her legacy alive by giving scholarships to students looking to enter careers in public health and nursing. On Saturday, they held a fundraiser in Pontiac for the cause.
Over 100 people are supporting two grieving families after a shooting that killed four people in Livonia on Tuesday. A fundraising event took place for the family of three of the victims, Sterling Pierce, Tanner Pierce and Holly Kimball, in Farmington Hills on Saturday at Mulligan's Pub and Grub. An online fundraiser, in which over 80 people have donated to, has been set up for the family of the other victim, Nevaeh Finch.