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.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
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.
"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?
A patient care report from the Coral Gables Fire Department details the emergency involving Kenly Millan Aponte, 35, a mother of two who traveled from Kentucky to Miami for a "mommy makeover" at Svelta Plastic Surgery.
Experts said prices are rising faster than paychecks, and the average household is feeling the squeeze.
The wrongful arrest is just one of over a dozen in recent years linked to facial recognition technology.
An effort is underway to precisely measure how Miami's scorching summer heat is affecting residents in some of the area's most vulnerable neighborhoods.
The festival grounds have been transformed into a massive fan zone featuring live entertainment, interactive activities, food and beverage vendors, and a giant screen that will broadcast all 104 World Cup matches.
George Pino is facing manslaughter and vessel homicide charges after the boat crash near Boca Chita Key in Biscayne Bay in 2022.
A patient care report from the Coral Gables Fire Department details the emergency involving Kenly Millan Aponte, 35, a mother of two who traveled from Kentucky to Miami for a "mommy makeover" at Svelta Plastic Surgery.
Experts said prices are rising faster than paychecks, and the average household is feeling the squeeze.
The wrongful arrest is just one of over a dozen in recent years linked to facial recognition technology.
An effort is underway to precisely measure how Miami's scorching summer heat is affecting residents in some of the area's most vulnerable neighborhoods.
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.
Florida Attorney General James Uthmeier reported a net worth of $1.27 million in a newly filed financial disclosure, showing an increase from last year.
Cuba's top diplomat to the United States says recent sanctions targeting the island's leadership and the indictment of former President Raúl Castro are a "pretext" for the Trump administration to persuade the American people to support a U.S. military intervention in Cuba.
A new analysis warns a proposed FEMA overhaul by a Trump-appointed panel would limit access to disaster aid for survivors, shifting the burden to state and local agencies amid hurricane season.
The House passed Republicans' $70 billion bill to fund immigration enforcement agencies for the rest of the Trump administration.
Federal immigration authorities barred a Somali soccer referee who was slated to officiate the FIFA World Cup from entering the U.S. over the weekend, citing "vetting concerns."
Florida House Speaker Danny Perez denied claims his nomination as U.S. ambassador to Brazil was tied to Florida's recent redistricting effort.
Moskowitz provided CBS News Miami with copies of virulent, antisemitic voicemails his office has received.
Critics argue his plan will decimate cities, counties, and local school districts.
Enrique Tarrio said since President Trump announced the formation of the fund, he has been inundated with calls from others convicted for January 6 related activities.
Commissioners voted to allow the review, saying if that was the only way to move the project - designed to help people with mental illnesses caught in the criminal justice system - then so be it.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
U.S. government plans to open a quarantine center for Americans exposed to Ebola on an air base in Kenya have been temporarily halted by a court order.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
WHO chief Tedros Adhanom Ghebreyesus says risks from the Ebola outbreak in Congo and Uganda are "high at the national and regional levels, and low at the global level."
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.
"Schmigadoon!" — which was tied for the most nominations, with 12 — won Best Musical, and "Liberation" took home the honor of Best Play at the 2026 Tony Awards.
Anthony Head played librarian and mentor Rupert Giles in "Buffy the Vampire Slayer" and recently appeared in "Ted Lasso."
Federal prosecutors have indicted ex-Miami Heat guard Terry Rozier on additional charges related to a sports gambling sting.
President Trump said he is considering replacing the Freedom 250 concert series with a rally after many artists dropped out.
The American Music Awards celebrate fan favorites in the music world and feature performances from multiple artists.