Interest rates are trending down — and that's good news for home buyers
Morgan Rynor reports that 30-year fixed mortgage rates, which are controlled by the bond market, are already trending down.
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Morgan Rynor reports that 30-year fixed mortgage rates, which are controlled by the bond market, are already trending down.
Federal Reserve Chair Powell, speaking at a conference in Jackson Hole, Wyoming, said the timing and pace of rate cuts will depend on economic data.
After years of soaring housing costs, renters are getting some relief as the Federal Reserve looks to extinguish inflation.
The Fed is leaving its benchmark interest rate unchanged, noting a lack of progress in curbing inflation.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
The Federal Reserve marked its first rate decision of 2024 by keeping its benchmark interest rate unchanged.
Rent across the U.S. is dipping as vacancies rise and property managers struggle to fill homes, new data shows.
If faced with a sudden loss of income, more than half of Americans say they worry they wouldn't have enough savings to cover a month's living expenses.
U.S. economy continues to plow ahead, as holiday shoppers shell out more on gifts this year than predicted.
The central bank has pushed pause after 11 straight interest-rate hikes. Here are steps to take with your money now.
Mortgage rates have spiked during the Federal Reserve's historic rate-hiking campaign
Although inflation has slowed sharply, Fed officials are again tapping the brakes to ensure the economy slows.
The Fed decided Wednesday to forgo another increase in its benchmark interest rate, leaving it at about 5.1%.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
The U.S. central bank eases up its efforts to curb inflation amid concerns about banking industry risks.
Nicole D'Antonio reports the head of the Federal Reserve testifies Tuesday before the Senate Banking Committee on the U.S. economic outlook, fighting inflation, and the state of employment including wages and available jobs.
While the central bank is slowing its rate increases, Jerome Powell told investors not to expect lower rates this year.
Rates are at their highest level in 15 years as policymakers try to tamp down inflation without torpedoing the economy.
Latest jump is the fourth supersized rate hike this year, as the central bank tries to subdue stubbornly high inflation.
A fire tore through a home on Rodman Street, killing 12 dogs. Rescuers saved one.
Braxton Ashcraft threw a complete-game three-hitter, Rafael Flores had a pair of three-run homers and the Pittsburgh Pirates beat the Miami Marlins 13-1.
A family of four now spends about $1,000 a month on groceries, NerdWallet says.
The victim's family is preparing for the possibility that he may not survive, they say.
Tennessee and Oklahoma executed inmates within 30 minutes of each other on Thursday, followed by Alabama later in the day.
A fire tore through a home on Rodman Street, killing 12 dogs. Rescuers saved one.
Braxton Ashcraft threw a complete-game three-hitter, Rafael Flores had a pair of three-run homers and the Pittsburgh Pirates beat the Miami Marlins 13-1.
A family of four now spends about $1,000 a month on groceries, NerdWallet says.
The Miami Dolphins' three preseason games will air on CBS Miami as the team prepares for the 2026 NFL season.
The victim's family is preparing for the possibility that he may not survive, they say.
In courtroom testimony, Shandelle Maycock recounted the harrowing night her daughter was abandoned in the Everglades, describing the horrors they endured.
A former prison guard trainee has been sentenced to death for the 2019 execution-style killings of five women inside a Florida bank.
Florida coach Billy Napier is getting a fourth season to try to get the Gators back to their winning ways.
A Florida man has filed a federal lawsuit against Jacksonville sheriff's officers who severely beat him last year after he ran from a traffic stop.
The Marion County Sheriff's deputy told authorities that he accidentally shot and killed his girlfriend while cleaning his gun.
Influencer brothers Andrew and Tristan Tate are fighting extradition to the United Kingdom where they're charged with rape and sex trafficking.
Tehran has asserted that the Strait of Hormuz is "under Iran's control and management" after President Trump said the U.S. might "keep it."
Senate Democrats are demanding answers about conditions aboard the USS Abraham Lincoln during the aircraft carrier's record-setting deployment.
President Trump secretly moved from Air Force One to another plane within a day of U.S. and Turkish intelligence picking up on an Iranian plot to fire a missile at the jet, CBS News has learned.
President Trump said Karoline Leavitt will be leaving her role to focus on her young family.
In a statement, Moody attempted to distance herself from the affair, suggesting the blame rests with the Governor and his Administration.
The race to see who will be the Democratic nominee to take on Republican Congresswoman Maria Elvira Salazar in District 27 is being closely watched.
On Sunday, Collins spoke about the ruling on this week in South Florida and explained why he believes he is trailing the Republican frontrunner, Byron Donalds.
Months after leaving TV news, Rodriguez is competing against former prosecutor Robin Peguero for the CD-27 nomination.
CBS Miami's Jim DeFede spoke to former Republican State Senator Jeff Brandes, president of the Florida Policy Project, who is behind one of those lawsuits.
The notice from a U.S. government agency does not indicate in which stores the beef was sold.
Despite a rash of foodborne illnesses in recent months, one expert said the nation's food supply is "remarkably safe." Here's what to know.
Federal officials issued a public health alert for meat products containing jalapeños that may be linked to a salmonella outbreak that has sickened hundreds of people across at least 27 states.
In a wide-ranging interview with the CBS News partner BBC News, Hunter Biden grew emotional as he discussed his father's condition, describing it as very sad to watch.
Two Michigan residents who had "significant underlying health conditions" have died after contracting cyclosporiasis, the Michigan Department of Health and Human Services said.
AARP is sounding the alarm because it is so easy to fall for these schemes, but there are simple things everyone can do to protect themselves.
A lawsuit filed late last month took Chicago-based McDonald's to task over the McRib sandwich, calling its name a form of false advertising.
Florida insurance policyholders could be seeing some form of relief in their wallets thanks to market reforms made statewide, Gov. Ron DeSantis said.
The company said Tuesday that 85% of its retail products and "nearly all" of its school offerings are already made without "certified colors."
Less than two days after Delta Air Lines offered $30,000 to each passenger on board the flight that crashed and flipped in Toronto on Monday afternoon, the company is facing its first two lawsuits in the incident — and they likely won't be the last.
Latin music stars Marc Anthony, Feid, and others are set to perform at a benefit concert in Miami on August 16.
Ariana Grande had been due to star alongside her "Wicked" co-star Jonathan Bailey in a production of "Sunday in the Park with George" in 2027.
Vincent Pastore played Salvatore "Big Pussy" Bonpensiero on all six seasons of "The Sopranos," which aired from 1999 to 2007.
Four women say Hollywood star Jared Leto committed sexual crimes against them when they were teenagers, in interviews with the BBC.
Carly Simon, the singer known for 1970s hits like "You're So Vain," announced she has Parkinson's disease and also was treated for basal cell carcinoma.