Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Watch CBS News
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
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.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
Mortgage rates rose again this week topping 7% for the first time since 2002.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
The gap between what it costs to rent and own has widened this year amid rising mortgage rates.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
People looking to buy a home or refinance their current mortgage are in luck. Mortgage rates have dropped again, and financial experts say the coronavirus is one of the reasons why.
Need more evidence that the economy is booming? Mortgage rates just topped 5%.
Is the Obama administration failing the housing market? Maybe.
If you're one of the millions of Americans considering refinancing your home, time may be of the essence to take advantage of new programs being offered by the federal government.
The CBS News Miami NEXT Weather team is also monitoring two waves moving across the Atlantic for possible development.
From the governor's race and U.S. Senate contest to competitive congressional races, here are the biggest South Florida elections on the Florida primary ballot.
Gilbert Bell Fernandez thanked the U.S. for taking him out of Costa Rica, claiming he had been mistreated in prison.
The UAE accuses Iran of attacking two vessels in the Strait of Hormuz as Vance says cheap oil and gas is "goal number one" from the war.
A fire tore through a home on Rodman Street, killing 12 dogs. Rescuers saved one.
The CBS News Miami NEXT Weather team is also monitoring two waves moving across the Atlantic for possible development.
From the governor's race and U.S. Senate contest to competitive congressional races, here are the biggest South Florida elections on the Florida primary ballot.
Gilbert Bell Fernandez thanked the U.S. for taking him out of Costa Rica, claiming he had been mistreated in prison.
The Miami Dolphins' three preseason games will air on CBS Miami as the team prepares for the 2026 NFL season.
The UAE accuses Iran of attacking two vessels in the Strait of Hormuz as Vance says cheap oil and gas is "goal number one" from the war.
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.
The UAE accuses Iran of attacking two vessels in the Strait of Hormuz as Vance says cheap oil and gas is "goal number one" from the war.
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.
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.
Months after leaving TV news, Rodriguez is competing against former prosecutor Robin Peguero for the CD-27 nomination.
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.
As Florida attorney general, it was Moody and her office that approved the diversion of $10 million of taxpayer money to the Hope Florida Foundation
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.