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With mortgage rates down, is the housing market finally more affordable?

CBS News business analyst Jill Schlesinger takes a look at the factors going into home prices and mortgage rates.

Sep 24, 2025 (03:15)

Behind Cooper Drews’ record-setting career at Bethel

Behind Cooper Drews’ record-setting career at Bethel

Warm-up on the way for Minnesota, with Sunday projected to be #Top10WxDay | Nov. 5, 2026

Warm-up on the way for Minnesota, with Sunday projected to be #Top10WxDay | Nov. 5, 2026

Minnesota health officials preparing for rapid spread of measles

Minnesota health officials preparing for rapid spread of measles

Waconia couple helps brewery stay open

Waconia couple helps brewery stay open

Spring Lake Park mayoral race ends in a tie

Spring Lake Park mayoral race ends in a tie

Minnesota Democrats say they want to bring down healthcare costs

Minnesota Democrats say they want to bring down healthcare costs

How to pitch ideas to help downtown Minneapolis rebound

How to pitch ideas to help downtown Minneapolis rebound

Demonstrators at St. Paul Church during ICE surge make federal court appearance

Demonstrators at St. Paul Church during ICE surge make federal court appearance

Governor-elect Klobuchar indicates she’ll pick next Minnesota Senator

Governor-elect Klobuchar indicates she’ll pick next Minnesota Senator

Minnesota weather: Sunday is a Top 10 weather day, and Monday could be one too, near 60

Minnesota weather: Sunday is a Top 10 weather day, and Monday could be one too, near 60

"Ṗéta” is the Dakota word for fire, and the third annual show wraps up the elements theme

"Ṗéta” is the Dakota word for fire, and the third annual show wraps up the elements theme

Father Mike Schmitz, a priest with a billion-download Bible podcast, talks tour, St. Paul homecoming

Father Mike Schmitz, a priest with a billion-download Bible podcast, talks tour, St. Paul homecoming

Minnesota drought eases after three days of record rain, but much of the state is still dry

Minnesota drought eases after three days of record rain, but much of the state is still dry

Ten students from five Minnesota colleges join a youth panel at the Global Peace Forum

Ten students from five Minnesota colleges join a youth panel at the Global Peace Forum

Minnesota’s deer gun season opens Saturday, with mandatory chronic wasting disease testing in part

Minnesota’s deer gun season opens Saturday, with mandatory chronic wasting disease testing in part

WCCO digital headlines: Afternoon of Nov. 5, 2026

WCCO digital headlines: Afternoon of Nov. 5, 2026

Memorial highway dedicated to slain Minnesota lawmaker, her husband

Memorial highway dedicated to slain Minnesota lawmaker, her husband

Defendants in protest at ICE pastor's Minnesota church return to federal court

Defendants in protest at ICE pastor's Minnesota church return to federal court

Minnesota weather: Frosty kickoff to the weekend | Nov. 5, 2026

Minnesota weather: Frosty kickoff to the weekend | Nov. 5, 2026

Tied Spring Lake Park mayor’s race could be decided by a game of chance

Tied Spring Lake Park mayor’s race could be decided by a game of chance

Alary’s launches weekend brunch, offers free entrees to veterans on Veterans Day

Alary’s launches weekend brunch, offers free entrees to veterans on Veterans Day

Is a low resting heart rate always a good thing? A cardiologist says not necessarily.

Is a low resting heart rate always a good thing? A cardiologist says not necessarily.

Not ready for Christmas? Use pine cones, baubles and bells to stay in the harvest season

Not ready for Christmas? Use pine cones, baubles and bells to stay in the harvest season

What a record-early polar vortex disruption could mean for winter, and why forecasters say don’t p

What a record-early polar vortex disruption could mean for winter, and why forecasters say don’t p

Minnesota weather: Twin Cities could see first freeze of the season Thursday night | Nov. 5, 2026

Minnesota weather: Twin Cities could see first freeze of the season Thursday night | Nov. 5, 2026

Winner of Minnesota's 1st District still up in the air, and more headlines

Winner of Minnesota's 1st District still up in the air, and more headlines

Rainy weather exits Minnesota with sunny, warmer days ahead | Nov. 4, 2026

Rainy weather exits Minnesota with sunny, warmer days ahead | Nov. 4, 2026

Minnesota's rainy weather moves out, temps in the 50s | 10 p.m. NEXT Weather Forecast

Minnesota's rainy weather moves out, temps in the 50s | 10 p.m. NEXT Weather Forecast

Part of plane flown by ace pilot Richard Bong returns to Wisconsin museum

Part of plane flown by ace pilot Richard Bong returns to Wisconsin museum

St. Paul's 'Right to Repair' ordinance drew overwhelming support on election night

St. Paul's 'Right to Repair' ordinance drew overwhelming support on election night

Minnesota Republicans reflect on DFL sweep one day after midterm elections

Minnesota Republicans reflect on DFL sweep one day after midterm elections

Blake Senior Livi Abboud-Young is hoping to help lead the Blake Bears to a Championship

Blake Senior Livi Abboud-Young is hoping to help lead the Blake Bears to a Championship

Dems take control of Minnesota Legislature for 2nd time in 4 years

Dems take control of Minnesota Legislature for 2nd time in 4 years

CT scans helping researchers in fight against invasive species in Minnesota waterways

CT scans helping researchers in fight against invasive species in Minnesota waterways

ICE agents actions drove many Minnesotans to the polls

ICE agents actions drove many Minnesotans to the polls

The DFL swept statewide offices during the midterm election

The DFL swept statewide offices during the midterm election

Conservative donors spent record money in 2026 midterms

Conservative donors spent record money in 2026 midterms

Minnesotans back amendment to boost school funding without raising taxes

Minnesotans back amendment to boost school funding without raising taxes

“Mary Richards is ours”: Dayton’s honors Mary Tyler Moore with a new Santabear

“Mary Richards is ours”: Dayton’s honors Mary Tyler Moore with a new Santabear

How to turn leftover jack-o’-lantern pumpkins into homemade dog treats

How to turn leftover jack-o’-lantern pumpkins into homemade dog treats

Peggy Flanagan says “time for new leadership” in Senate, but doesn’t name a replacement for Sc

Peggy Flanagan says “time for new leadership” in Senate, but doesn’t name a replacement for Sc

FashionFest returns Nov. 20 to benefit brain health research for kids

FashionFest returns Nov. 20 to benefit brain health research for kids

Minnesota’s 1st woman governor, a historic Senate win and a Democratic wave, Trump on Iran, and mo

Minnesota’s 1st woman governor, a historic Senate win and a Democratic wave, Trump on Iran, and mo

Minnesota weather: Rain finally leaves, with showers lingering but ending by morning

Minnesota weather: Rain finally leaves, with showers lingering but ending by morning

Trump to face Democrat-controlled Congress

Trump to face Democrat-controlled Congress

3M agrees to $7.3B settlement over PFAS contamination

3M agrees to $7.3B settlement over PFAS contamination

Minnesota voters say “yes” to more school funding

Minnesota voters say “yes” to more school funding

Minnesota Democrats clinch government "trifecta 2.0"

Minnesota Democrats clinch government "trifecta 2.0"

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