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.
A.J. Hinch has mastered the art of smiling and sidestepping the one question he keeps hearing at the MLB winter meetings.
A Monroe County man was arrested after authorities recovered a vehicle stolen out of Ohio and other suspected stolen property.
The dramatic scene was captured on a police body camera in the area of 18 Mile Road and Van Dyke on Monday.
A Detroit man has amassed millions of views online since Monday after he recorded himself walking a 6-year-old girl to school after finding her outside by herself.
A wintry weather mix has resulted in icy roads - and hundreds of school closings for Wednesday.
A wintry weather mix has resulted in icy roads - and hundreds of school closings for Wednesday.
A Detroit man has amassed millions of views online since Monday after he recorded himself walking a 6-year-old girl to school after finding her outside by herself.
Parents are frustrated after learning that a Hartland Consolidated Schools teacher shared a photo with her colleagues of students in turkey costumes with the message, "Which one should we pick off first?"
The dramatic scene was captured on a police body camera in the area of 18 Mile Road and Van Dyke on Monday.
Two men who were accused of posing as utility workers and killing a Southeast Michigan man last year have been sentenced to life in prison.
Slower adoption of electric vehicles was cited as the reason for pending layoffs at GM's Factory Zero.
Yanfeng will close its Romulus production facility, located at 9800 Inkster Road.
In Metro Detroit, drivers are paying about $3.06 per gallon, which is 1 cent more than last week but 3 cents less than at the same time a year ago.
Most of the intersections and roundabouts that made the 2024 list are in Southeast Michigan.
Avancez said a change in customer orders will result in layoffs during December at its Hazel Park location.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes have been announced. Here are the nominees.
President Trump is hosting the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play" and his role in the series "Emily in Paris," was arrested on the island of Okinawa on Nov. 16.
Frank Gehry was known for designing the Guggenheim Museum Bilbao in Spain and the Walt Disney Concert Hall in Los Angeles.
Fundraising patterns reflect Americans' mounting affordability challenges, according to GoFundMe CEO Tim Cadogan.
John Gibson made 39 saves for his first NHL shutout in nearly three years, and the Detroit Red Wings beat the Vancouver Canucks 4-0.
According to the FBI, domestic homicides more than doubled between 2019 and 2024, increasing from 1,065 to 2,339. The latest data has experts worried.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Many people living with MS are limited from taking nature walks shown to improve mental health, so Hala Darwish is bringing Mother Nature to them.
Legionella bacteria were found through water testing in the building late Thursday after an employee was diagnosed with Legionnaires' disease.
The new guidelines are effective at all DMC locations, including the Children's Hospital of Michigan.
The sheriff's office says closure for Building 38E is effective Friday through the weekend.
Women who have a doula are 47% less likely to have a cesarean delivery and a 29% lower chance of having a preterm delivery, according to a study published in the National Library of Medicine.
A.J. Hinch has mastered the art of smiling and sidestepping the one question he keeps hearing at the MLB winter meetings.
John Gibson made 39 saves for his first NHL shutout in nearly three years, and the Detroit Red Wings beat the Vancouver Canucks 4-0.
The parent of a Monroe, Michigan, student-athlete has filed a Title IX complaint over a transgender student from another school competing in a girls' volleyball game and tournament.
Pistons guard Cade Cunningham spent his Sunday giving back to the Detroit community.
No. 18 Michigan will meet No. 13 Texas in the Citrus Bowl in Orlando, Florida, on Dec. 31, the bowl game's organizers announced Sunday.
The Detroit show will attract hundreds of thousands to the area as automakers, tech companies and more gravitate to downtown Detroit.
This week on Michigan Matters, Carol Cain speaks with retail owners and entrepreneurs ahead of the holiday season.
Hundreds of thousands will line up along Woodward Avenue for America's Thanksgiving Parade in Detroit.
This week's roundtable discusses the economic outlook as the critical fourth quarter of 2025 plays out.
Detroit City Council President Mary Sheffield was overwhelmingly elected as mayor.
One person is dead and another injured in the aftermath of a shooting at a college campus in Frankfort, Kentucky.
Freezing temperatures, heavy snowfalls and in some places, flooding, have caused disruptions in several states. CBS News has this report.
The cost of new vehicles is taking some customers by surprise as average new car prices are starting to hover around $50,000. CBS News has this report.
Rain and snow this morning changes to all snow before moving out this afternoon. NEXT Weather Meteorologist Karen Carter times out the winter weather, how much snow we could get, and what comes next.
A wintry mix made the Wednesday morning commute difficult in Metro Detroit and resulted in hundreds of school closings. A data center proposal is under consideration in Southfield. Those headlines and other top stories are in our news brief.