Here are 3 ways lower interest rates could impact your money
The central bank's Monetary Policy Committee may decide to lower rates at its next meeting in September. Here's what it could mean for your money.
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The central bank's Monetary Policy Committee may decide to lower rates at its next meeting in September. Here's what it could mean for your money.
Mortgage rates dropping to 6% would allow for more than 5 million more households to afford a home, according to the National Association of Realtors.
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.
Mortgage rates increased again this week and made history but one realtor says this is still the time to buy.
Mortgage rates increased again this week and made history but one realtor says this is still the time to buy. Kim Hudson reports what you need to know if you're in the market for a new home.
The 30-year fixed-rate mortgage averaged 7.09% in the week ending August 17, up from 6.96% the week before, according to data from Freddie Mac released Thursday. A year ago, the 30-year fixed-rate was 5.13%.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Beginning May 1, some people with higher credit scores may actually end up paying a higher fee.
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.
Is the Obama administration failing the housing market? Maybe.
If you're looking to lower your monthly house payments, now might just be the time to act as mortgage rates have fallen again. 3 On Your Side Consumer Reporter Jim Donovan finds this is fueling a boom in refinancing.
Seasonable temperatures continue Wednesday and Thursday in the Philadelphia area.
The case stems from allegations that at least one student used AI to create sexualized images of other students in Radnor Township School District.
Villanova and Notre Dame are finalizing plans to open the 2026-27 college basketball season in Rome, Italy.
Nancy Guthrie, the mother of "Today" show co-host Savannah Guthrie, was reported missing on Feb. 1 and ransom notes were being investigated.
A federal grand jury refused to indict six Democrats who drew President Trump's ire by taping a video telling members of the military that they must reject "illegal orders," three sources told CBS News.
The case stems from allegations that at least one student used AI to create sexualized images of other students in Radnor Township School District.
Seasonable temperatures continue Wednesday and Thursday in the Philadelphia area.
Pennsylvania Gov. Josh Shapiro and one of his neighbors have filed competing lawsuits over a property boundary and fence at their Montgomery County homes.
Villanova and Notre Dame are finalizing plans to open the 2026-27 college basketball season in Rome, Italy.
A Norristown, Pennsylvania, former police officer is charged with aggravated assault, simple assault and other offenses after the Feb. 4 incident.
The case stems from allegations that at least one student used AI to create sexualized images of other students in Radnor Township School District.
Penn's first successful transplant was a kidney back in 1966. Since then, there have been thousands of life-saving operations.
Jamila Winder talked to students in Montgomery County, Pennsylvania, about how they can shape history.
Saks Fifth Avenue store in Bala Cynwyd, just outside of Philadelphia, is among eight locations that will close after its parent company filed for bankruptcy.
Pennsylvania Gov. Josh Shapiro and one of his neighbors have filed competing lawsuits over a property boundary and fence at their Montgomery County homes.
Former Rep. Tom Malinowski has conceded the New Jersey special election to fill Gov. Mikie Sherrill's congressional seat.
Ice is still impacting bodies of water around the Philadelphia area after a long stretch of cold temperatures.
A New Jersey pilot and his co-pilot have been jailed in West Africa for almost six weeks after landing to refuel. CBS News New York spoke to both men on the phone.
Meet Eagles fan Andrew Athias, who was among about 400 people taking part in Bad Bunny's historic Super Bowl halftime show.
The New Jersey Democrat says it's time to make seat belts on school buses a national standard, instead of leaving it up to states.
Ice is still impacting bodies of water around the Philadelphia area after a long stretch of cold temperatures.
Two firefighters and two residents were taken to the hospital after a house fire in Wilmington on Sunday, officials said.
Power companies across the Philadelphia region and Lehigh Valley are reporting some outages Saturday while high wind alerts are in effect.
The coldest air of the season is set to slide over the Philadelphia area this weekend, which could lead to frost quakes, ice quakes and lake quakes.
The man whom Jill Biden divorced for the eventual 46th President of the United States is now in jail on murder charges.
With a measles outbreak in Pennsylvania, local health experts want to send a message to families.
Penn's first successful transplant was a kidney back in 1966. Since then, there have been thousands of life-saving operations.
Cracking down on the price of prescription drugs is a hefty task.
The PHMC clinic on Cedar Avenue in West Philadelphia is helping provide dental and health care in an underserved community.
A new kind of joint replacement is now available for people who have a certain kind of arthritis in the hand.
Former Sheetz president and CEO Steve Sheetz has died at age 77, the Altoona-based company announced on Monday.
The post-Christmas return rush was underway at shops and malls across the Philadelphia area.
With product return fraud on the rise, an emerging company is using AI to help spot issues.
Here are mall opening and closing hours for the Christmas and Christmas Eve holidays around the Philly region.
Through Amazon Now, customers can get household items, cosmetics, electronics, groceries and more delivered in about 30 minutes or less.
PennDOT is asking for your input with a new online survey available now through Feb. 28.
Part of SEPTA's Jefferson Station in Philadelphia was flooded Monday night, but service wasn't disrupted.
The city says residents shouldn't park on a major stretch of South Broad Street in Philadelphia Tuesday for a snow removal operation.
Traffic is starting to move again on Roosevelt Boulevard after a fatal crash shut down the road in both directions Friday morning.
Snow-covered sidewalks, freezing temperatures and more have made commutes challenging for many public transit riders across Philadelphia.
Villanova and Notre Dame are finalizing plans to open the 2026-27 college basketball season in Rome, Italy.
The Union unveiled their primary "1776 Kit" jerseys, which pay tribute to America's 250th anniversary and Philadelphia's role.
Ben Ogden of Team USA won the silver medal in the cross-country sprint Tuesday at the Winter Olympics in Italy.
The 76ers played without Joel Embiid as Toumani Camara had a career-high 30 points for the Portland Trail Blazers, leading the team to victory Monday night.
Phillies president of baseball operations Dave Dombrowski said he hopes to find a new home for Nick Castellanos by next Monday.
Catherine O'Hara, known for her roles in "Home Alone," "Schitt's Creek" and "Beetlejuice," died on Jan. 30 at the age of 71.
Brad Arnold, the founder and lead singer of the 3 Doors Down has died following "his courageous battle with cancer," the rock band announced Saturday on social media.
Bad Bunny took the stage at halftime for the 2026 Super Bowl. Here's who else performed at Super Bowl 60.
Don't miss the 2026 Winter Olympics opening ceremony. Here's how to watch live, stream for free and catch replays.
The Temple University Jazz Band is releasing its first internationally-recorded album after placing first at the National Collegiate Jazz Championship.
Ukee Washington reports.
Natasha Brown reports.
Natasha Brown reports.
Natasha Brown reports.
Ukee Washington reports.
Middle school students in Philadelphia got the opportunity to do hands-on learning during the school district's five-day career and technical camp.
With her Girl Talk mentoring program, one Philadelphia teen turned her camp days into a safe space to discuss social issues young girls face every day.
Recent high school graduate Sylvain Farrell says his temporary position at a local clinic is the pathway to a full-time career.
A Philadelphia student won an award from NFL Films for his documentary on bringing back sports teams at his Kensington school.
A group of East Norriton eighth graders took what started as an Earth Day project and made a whole initiative.
Grant Gilmore says Wednesday in the Philadelphia region will be mostly sunny and breezy with a high of 42 degrees. Here's the latest NEXT Weather forecast.
The town hall was held at the Philadelphia high school in response to anti-Black and antisemitic graffiti found a few weeks ago.
Two law enforcement sources tell CBS News that the Pima County Sheriff's Department in Arizona has detained a person of interest in connection with the disappearance of Nancy Guthrie.
Researchers found that people who drank two to three cups of coffee or one cup of tea a day have about an 18% lower chance of developing dementia. Stephanie Stahl reports.
Parents in the Radnor Township School District pressed school leaders for answers and accountability Tuesday night, weeks after police charged a juvenile in a case involving AI-generated images of a non-consensual, sexual nature.