Mortgage rates rise as Iran war heightens U.S. inflation fears
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
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Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
According to data from Homes.com, in the second half of 2025, more homeowners had mortgages with rates at or above 6% than those with loans below 3%.
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.
They bought homes with big dreams, and even bigger mortgage payments, hoping to refinance once rates dropped.
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
Mortgage rates have declined to the lowest levels of the year, but housing market affordability is a little more complicated. The median home price is nearly $440,000.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
The City of Miami is offering a first-time homebuyer program, which is a zero-interest loan for those who meet the income requirements.
One day after the Federal Reserve lowered interest rates, CBS News Miami is exploring how the move can help you save money.
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.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
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"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Mortgage rates have spiked during the Federal Reserve's historic rate-hiking campaign
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.
Beginning May 1, some people with higher credit scores may actually end up paying a higher fee.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Police are investigating possible connections and urge anyone with information to come forward.
Carlos Alcaraz has been eliminated in the third round of the Miami Open, losing to Sebastian Korda in three sets.
As Cubans in Miami rally and send critical aid to Havana, many hope their efforts will draw attention to the island's deepening crisis and inspire meaningful change.
Cuba has begun restarting its power grid after another nationwide blackout left millions without electricity.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Police are investigating possible connections and urge anyone with information to come forward.
Carlos Alcaraz has been eliminated in the third round of the Miami Open, losing to Sebastian Korda in three sets.
As Cubans in Miami rally and send critical aid to Havana, many hope their efforts will draw attention to the island's deepening crisis and inspire meaningful change.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Wasserman Schultz pushed back against the suggestion that the United States was led into this war by Israel and its leader, Benjamin Netanyahu.
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.
In a 54 to 37 vote, two Democrats voted with all Republicans in attendance to advance Sen. Markwayne Mullin's nomination. A final confirmation vote is expected in the coming days.
Most Republicans, especially MAGA, continue to support the US action and express a lot of confidence in Trump personally.
The Supreme Court will consider whether states can count mail ballots that are postmarked by Election Day but arrive after.
Democrats are expected to eventually block the broader legislation.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wasserman Schultz pushed back against the suggestion that the United States was led into this war by Israel and its leader, Benjamin Netanyahu.
In advance of the trial, CBS News Miami spoke to Miami Herald federal courts reporter Jay Weaver about what Rubio is expected to say when he takes the stand.
Critics of the bill argue that the attacks on the teacher unions are part of a broader education strategy that has slowly been unfolding for the past 30 years.
Nixon is in the Democratic primary against Alex Vindman, the retired lieutenant colonel who was instrumental in causing Trump's first impeachment.
In a wide-ranging CBS News Miami interview with Jim DeFede, Byron Donalds discussed his troubled past, tensions with Gov. Ron DeSantis and his political views.
Food containing norovirus may smell and taste normal but still cause serious illness if consumed, FDA warns.
HHS Secretary RFK Jr. wants the popular coffee chains to prove their surgery drinks are safe for teens and suggested the Trump administration could place limits on your cup of coffee.
Tests of dozens of baby formulas by Consumer Reports found that nearly half contained potentially dangerous chemicals.
A trial has been set in the San Francisco Bay Area for a Florida woman accused of providing a cosmetic injection that killed a woman who was known as a Kim Kardashian lookalike, prosecutors said.
The Sunshine state is on track to be the second-highest, with only nine cases behind Utah, and the numbers lagging by five days.
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.
Activists are calling for a nationwide boycott of Target stores following the company's decision to roll back its diversity, equity and inclusion initiatives.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Chuck Norris' family said his death at 86 was sudden, but did not share any details on the cause.
ABC has canceled its already filmed season of "The Bachelorette" starring Taylor Frankie Paul after video surfaced of a 2023 incident in which she was charged with assault.