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.
Hopping on the property train earlier in life can significantly increase your wealth, a recent study found. Here's how much.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
New York City Mayor Zohran Mamdani met with President Trump again in the Oval Office on Thursday to discuss housing. Political strategists Laurie Watkins and Mark Bednar join with analysis.
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
Economists say high home prices and a shortage of available properties may limit how much federal action can lower U.S. housing costs.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Rents in the 50 largest cities have surged by hundreds of dollars per month over the last five years, a LendingTree analysis found.
A third of all American households spend more than 30% of their income on rent or mortgage payments. Jared Bernstein, a senior fellow at the Center for American Progress, joins "The Takeout" to make the case for his plan to increase the supply of affordable housing rapidly.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Architect Brian Stark wants to tackle the country's affordable housing crisis — one shipping container at a time.
U.S. home prices are dropping the most in the South and West, according to a new report from Realtor.com.
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
Buying your first home is a key to building wealth in the U.S. Yet stepping onto the property ladder is a vanishing dream for many Americans.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
In these major U.S. cities, a family of three earning $100,000 would have a hard time covering basic expenses.
California company "Azure Printed Homes" wants its 3D printing technology to help speed up the wildfire recovery efforts in the Los Angeles area. Its robots can print full-scale homes in 24 hours. Danya Bacchus reports.
As rising mortgage costs make homeownership in big cities out of reach, Americans are flocking to exurbs—smaller towns on the outskirts of major metropolitan areas. Zillow's chief economist, Skylar Olsen, joins us to discuss the growing trend, with monthly mortgage payments nearly doubling from 2020 to 2024. Many are opting for exurbs, where housing is more affordable, yet still within commuting distance of major cities.
The housing crisis has long been an issue for Los Angeles thanks to high rent prices and a limited supply of homes. Prices are only expected to grow after the devastation caused by the wildfires raging in the area. Economic justice organization "Strategic Actions for a Just Economy" executive director Cynthia Strathmann joins "The Daily Report" with more.
Federal officials say homelessness rose 18% in 2024, driven mostly by a lack of affordable housing.
Vice President Kamala Harris has proposed building three million new homes and rental units, while former President Donald Trump has said he will reduce mortgage rates by slashing inflation.
Being able to buy a home -- or afford to rent one -- is an important issue for millions of voters this election year. Both candidates for president have ideas to make the American dream a reality for more people. But whose plan will help more? Carter Evans hears from voters in the battleground state of Nevada.
In today's tough housing market, homebuyers face high mortgage rates — but it's not the first time. A CBS News report from 1979 shows a young family in Chicago struggling with even steeper rates of 11%. Here's a look back at how history is repeating itself.
President Trump on Saturday night threatened to "obliterate" Iran's power plants, starting with its largest one, if the Strait of Hormuz is not reopened within 48 hours.
Robert Mueller served as FBI director from 2001 to 2013 and led the investigation into allegations of Russian meddling in the 2016 presidential election.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
Iran struck two communities near Israel's main nuclear research center late Saturday, leaving at least 90 people wounded in the southern part of the country.
Humanitarian organizations began delivering aid to Cuba by air Friday, including solar panels, food and medicine.
Democrats are expected to eventually block the broader legislation.
Raging waters lifted homes and cars and prompted evacuation orders for 5,500 people north of Honolulu, though they were later lifted.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
When Gary Herbst, described by his Minnesota neighbors as confrontational, disappeared on July 8, 2013, it appeared he walked out on his wife and teenage son. Years later, a startling discovery would confirm what neighbors thought they might have witnessed.
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.
The western United States experienced a severe snow drought this year, threatening the region's water supply and potentially setting the stage for its wildfire season.
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
CBS News announced Friday that CBS News Radio will be shutting down this spring after nearly 100 years of broadcasting, citing "challenging economic realities."
Security lines are stretching up to 2 hours at some airports amid TSA staffing shortages. Here's how to check wait times before you leave.
With gas closing in on $4 a gallon, the Trump administration is pulling multiple levers to tame energy prices. The results have been mixed.
A pharmaceutical company issued the recall after receiving complaints of "gel-like mass and black particles" in the product, the FDA said.
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.
Wait times aren't expected to improve until government funding is restored and TSA officers receive paychecks.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
The separate narco-trafficking investigations, based out of New York's Southern and Eastern districts, didn't set out to target Petro, but his name has come up during the course of the probes, one source said.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
A judge blocked a set of changes to the childhood vaccine schedule recommended by allies of Health and Human Services Secretary Robert F. Kennedy, dealing a setback to the Trump administration's efforts to overhaul federal vaccine policy.
Patchwork state policies and limited federal oversight have led to a fragmented system for tracking organ donor status.
Spencer Laird was diagnosed with colon cancer at 26. At 30, he was told it had returned and spread to his lungs, with one tumor the size of a golf ball.
Iran struck two communities near Israel's main nuclear research center late Saturday, leaving at least 90 people wounded in the southern part of the country.
Humanitarian organizations began delivering aid to Cuba by air Friday, including solar panels, food and medicine.
A total of 25 skiers were on the mountainside where the avalanche occurred, but most had escaped.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
The Trump administration has been strategizing methods and options to secure or extract Iran's nuclear materials, according to multiple sources, as the military campaign against Tehran enters a more uncertain phase.
"CBS Saturday Morning" gets a sneak peek of Propstore's offerings for next week's live auction of more than 1,000 items from some of Hollywood's most iconic films.
Streaming platforms changed the way people purchase and listen to music, but they've also changed how artists get paid for their work. "CBS Saturday Morning" visits the Spotify offices to learn about how some artists are earning big bucks on the platform, and how some are still struggling.
Local reports estimate that roughly 40,000 people gathered across central Seoul to watch K-pop band BTS reunite.
Best friends Frankie Cassidy and Nathan Ross formed Buffalo Traffic Jam as students at Montana State University. Dorm room jam sessions progressed into a sold-out worldwide tour as the duo garnered acclaim for their stripped-down sound and heartfelt lyrics. Here is Buffalo Traffic Jam performing "Hanging On Hope."
Best friends Frankie Cassidy and Nathan Ross formed Buffalo Traffic Jam as students at Montana State University. Dorm room jam sessions progressed into a sold-out worldwide tour as the duo garnered acclaim for their stripped-down sound and heartfelt lyrics. Here is Buffalo Traffic Jam performing "Forgot Your Roots."
A jury has found Elon Musk liable for misleading investors by deliberately driving down Twitter's stock price in the tumultuous months leading up to his 2022 acquisition of the social media company.
The White House unveiled a national framework for how it wants Congress to address concerns about artificial intelligence. Technology journalist Jacob Ward joins CBS News to discuss the outline and AI concerns.
From labor shortages to environmental impacts, farmers are looking to AI to help revolutionize the agriculture industry. One California startup, Farm-ng, is tapping into the power of AI and robotics to perform a wide range of tasks, including seeding, weeding and harvesting.
Val Kilmer was originally set to star in "As Deep as the Grave" before he died last year, never shooting a scene of the movie. But Kilmer will still star in the film thanks to generative AI, which is artificial intelligence that can generate new content by analyzing existing content. Jo Ling Kent has more.
More than 80% of adults say they go online at least several times per day and research indicates that even adults' fully-formed brains can suffer negative consequences from excessive screen time. Dr. Sue Varma breaks down risks, tips to reduce your screen time and why adults are spending more time on screens.
The song is that of a humpback whale and was recorded by scientists in March 1949 in Bermuda, researchers said.
A new study in the journal Nature says most sea level rise research may have underestimated coastal water heights by an average of 1 foot.
NASA Administrator Jared Isaacman announced significant changes to the agency's Artemis program, which aims to land on the moon in 2028.
Documents might help scientists shed light on unexplained phenomena and government secrets, experts said.
A large shark was caught on camera for the first time in Antarctica's waters, surprising researchers. "There's a general rule of thumb that you don't get sharks in Antarctica," one said.
When Gary Herbst, described by his Minnesota neighbors as confrontational, disappeared on July 8, 2013, it appeared he walked out on his wife and teenage son. Years later, a startling discovery would confirm what neighbors thought they might have witnessed.
Kendra Duggar was charged with multiple misdemeanors a day after husband Joseph Duggar's arrest.
Five people who were charged in connection to the Feeding Our Future scheme pleaded guilty to wire fraud this week.
Bodycam video footage of Justin Timberlake's June 2024 DWI arrest on Long Island was released to the media Friday.
Federal prosecutors in Miami subpoenaed former FBI Director James Comey as part of a probe into Obama-era intelligence officials, two sources familiar with the investigation tell CBS News. Jake Rosen reports.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
After a trip back out to the launch pad, NASA's Artemis II rocket will be readied for a historic flight to the moon.
A meteoroid was spotted streaking across the sky in 10 states. In some areas, there was also a loud boom, similar to an explosion. NASA says the meteor, which was traveling 45,000 mph in the sky, fragmented - causing the bright fireball and loud boom.
Some residents immediately feared the sound was an explosion, according to CBS affiliate WOIO, but weather service officials say it appears to have been a meteor.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Late at night a couple watches as a rolled-up carpet is carted out of a nearby home. Soon after they learn the combative neighbor who lived there is missing. "48 Hours" correspondent Peter Van Sant reports.
Heavy rains have hit Hawaii, causing major flooding on its most populous island, Oahu, and forcing thousands to evacuate.
Dan Abrams' newest venture Danny's offers patrons a quintessential New York City dining experience. The menu by executive chef Ed Tinoco spotlights fun twists on American classics.
"CBS Saturday Morning" gets a sneak peek of Propstore's offerings for next week's live auction of more than 1,000 items from some of Hollywood's most iconic films.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.