Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Affordable Housing
Are mortgage rates heading back above 7%? Here's what experts think.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
A housing alternative right in your own backyard
Accessory Dwelling Units, or ADUs, are small, fully-functional secondary homes located on the same property as a main home (usually in the backyard) that serve as carriage houses or "granny flats." But as wildfires have displaced residents in the West, ADUs have filled a vital need where housing has proved scant or expensive. Correspondent Lee Cowan looks at the practical and legal challenges to making ADUs available. [Original air date: May 17, 2026.]
See how much renters pay for a 2-bedroom home in 50 U.S. cities
Nearly half of renters spend more than 30% of their income on housing. Here's what it costs to rent a two-bedroom home in 50 U.S. cities.
More adults moving back home
With wages stagnant, inflation up, and the cost of living increasing, more American adults are seeing their parents as potential roommates as they look to save cash. CBS MoneyWatch reporter Megan Cerullo has more.
More young Americans moving home to save cash
With inflation and rising costs, the affordability crisis is prompting some adults to consider rooming with their parents. CBS News' Jericka Duncan spoke with a 34-year-old woman about her decision to move back home.
How to buy a home as cost soars
With home costs soaring, many wonder whether newly signed bipartisan housing legislation will have any impact on homebuyers. Jill Schlesinger has more information.
Bipartisan housing bill becomes law
The largest housing bill in years is now law without President Trump's signature. Ali Bauman reports on what the new housing law will do.
Congress' housing bill's potential impact
A sweeping bipartisan housing affordability bill is set to go into law at midnight on Friday, without President Trump's signature. The president says his decision not to sign the bill is a protest against lawmakers' failure to pass his package of voting reforms and restrictions. Bruce Marks, founder and CEO of the Neighborhood Assistance Corporation of America, joins "The Daily Report" to discuss.
7/10: The Takeout with Major Garrett
President Trump says U.S. continuing Iran talks, but ceasefire is "over"; Graham Platner officially withdraws from Maine Senate race.
Housing bill to become law despite Trump protest
The landmark bipartisan housing bill is set to become law overnight into Saturday despite President Trump's refusal to sign it. CBS News chief White House correspondent Nancy Cordes reports.
Trump not expected to veto housing bill, U.S. official says
President Trump said Friday he won't sign the law, but a U.S. official said he isn't expected to veto it either.
Trump won't sign housing bill over SAVE Act
President Trump announced on social media Friday that he is withholding his signature on a bipartisan housing affordability bill "in protest" because his SAVE America Act has yet to pass the Senate. CBS News' Olivia Rinaldi reports from Washington, D.C.
Unclear if or when Trump will sign housing bill
President Trump says he won't sign a bipartisan housing bill until the Senate passes the SAVE America Act. NOTUS congressional reporter Paul Kane joins with the latest from Capitol Hill.
Lawmakers on Trump rebuking housing bill
President Trump canceled the signing ceremony for a bipartisan housing affordability bill and demanded that Congress pass the SAVE Act, a voter identification bill, first. CBS News' Taurean Small reports, and Massachusetts Democratic Rep. Stephen Lynch joins "CBS Morning News" to discuss how the bipartisan housing bill would help Americans.
What happened at Trump-Senate GOP meeting
President Trump held a tense meeting with Senate Republicans on Wednesday, hours after he suddenly canceled a signing ceremony for newly passed housing affordability legislation. CBS News congressional reporter Taurean Small has the details. Then, New York Times congressional correspondent Robert Jimison joins to discuss further.
Why did Trump cancel housing bill signing?
President Trump on Wednesday canceled plans to sign a bipartisan housing bill, demanding that lawmakers first pass the SAVE Act. Political strategists Ameshia Cross and Tricia McLaughlin join with analysis.
Sources: Trump, Cassidy have spat in meeting
President Trump had a testy meeting with Senate Republicans on Wednesday. Sen. Bill Cassidy of Louisiana said he lost his temper and Trump raised his voice, but the president said, "We have a really well unified party." CBS News congressional reporter Taurean Small has more.
Sources: Trump and Cassidy had testy exchange
President Trump had a testy meeting with Republican senators focused mostly on the Iran war, sources say. CBS News' Taurean Small and Nikole Killion have the latest.
Trump cancels housing bill signing, reiterates demand for SAVE America Act
President Trump canceled a planned signing ceremony on Wednesday for a housing affordability bill that passed Congress by wide bipartisan margins.
Bipartisan housing bill aims to boost homeownership. Could it work?
The 21st Century ROAD to Housing Act, which has rare bipartisan support, would make it harder for major investors to hoard homes.
San Diego mayor on Senate housing bill
The Senate overwhelmingly approved one of the largest pieces of federal housing legislation in the last 20 years on Monday. San Diego Democratic Mayor Todd Gloria, one of the bill's biggest champions, joins "The Takeout" with his reaction.
Senate passes landmark housing affordability bill after bipartisan breakthrough
The Senate passed a bill aimed at lowering housing costs on Monday after a major breakthrough and rare bipartisan consensus.
How much money you need to earn to afford a home in 49 U.S. cities
A household earning the average income would need to spend 40% of its income to afford the typical U.S. home, according to Redfin.
Rents around the U.S. are growing more slowly than they have in years
The cost of renting a home, which surged during the pandemic, is showing signs of returning to earth, new data shows.
Trump says he's struck deal for "permanent control over security" in Greenland
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island.
Exclusive
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time.
Trump says he's banning CNN, Politico and MS NOW from the White House
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
Live
2 ships attacked in Strait of Hormuz as Trump grapples with his next move
Following more attacks on tankers in the Strait of Hormuz, Trump said he'll make a "big decision" on whether to "annihilate" Iran's leadership.
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Pentagon releases UFO files with documents on secretive military program
The Pentagon on Friday released a new group of files about unidentified anomalous phenomena, or UAP or UFOs, including a batch of documents regarding a mysterious military program studying aerospace threats.
Nvidia CEO calls for AI to be developed "as fast as we can"
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
Appeals court rejects Trump's third-country deportation policy
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
Exclusive
Patrick Clancy's wife: "I don't understand how the story's been so twisted"
Ross Douthat's interview with Patrick Clancy and his wife, Dr. Rachel Danis, airs Sunday on 60 Minutes.
U.S.
More U.S.
Exclusive
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time.
Nvidia CEO calls for AI to be developed "as fast as we can"
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
Trump signs Russia sanctions bill championed by Graham
The new law lets the president impose tariffs on the largest purchases of Russian oil and natural gas.
Exclusive
Feds plan to transfer hundreds of pre-trial detainees in private prison dispute
The U.S. Marshals Service is preparing to transfer some Georgia detainees to another private facility 200 miles away.
Trump says he's banning CNN, Politico and MS NOW from the White House
President Trump said Friday that he is banning CNN, MS NOW and Politico from the White House, the latest move to target media outlets over their reporting.
MoneyWatch
More MoneyWatch
Nvidia CEO calls for AI to be developed "as fast as we can"
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
Mortgage rates are nearing 7%. One house hunter says he's "despondent."
"It seems like we're trying to climb out of a hole somebody else is digging," said one frustrated house hunter as homeownership costs rise.
Increased ICE enforcement in 2025 hurt local employment, analysis finds
Employment fell last year in U.S. cities where ICE arrests surged, according to the Brookings Institution.
AI security experts say they used Claude to hack ChatGPT
Cybersecurity researchers said they were able to use Anthropic's Claude AI platfom to penetrate ChatGPT in "less than 72 hours."
195,000 heated blankets recalled after dozens of burn injuries
The manufacturer has received hundreds of reports of blankets "smoking, melting or burning" due to overheating, according to a recall notice.
Politics
More Politics
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Appeals court rejects Trump's third-country deportation policy
A federal appeals court ruled Friday that U.S. immigration officials must offer detainees "a meaningful opportunity to contest" any deportation to countries where they have no ties.
Trump says he's struck deal for "permanent control over security" in Greenland
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
Trump signs Russia sanctions bill championed by Graham
The new law lets the president impose tariffs on the largest purchases of Russian oil and natural gas.
Will AI harm humans? Poll finds Americans want to slow development but not stop
Americans are optimistic about scientific advances in AI, but concerned that AI may take jobs.
HealthWatch
More HealthWatch
Twins conjoined at the head are separated in 25-hour surgery
The twins were born in Ethiopia with a rare condition that left them joined at the head. Doctors spent a year planning a separation surgery.
Exclusive
Porsha Williams reveals health emergency: "It all happened so fast"
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
Conjoined twins separated in Ethiopia
Two-year-old conjoined twin sisters saw each other face-to-face for the first time after a successful 24-hour surgery to separate them. Ian Lee reports from the children's hospital in St. Louis, where it happened.
1 in 3 Americans with health insurance have medical debt, survey finds
Nearly half of Americans with medical debt owe at least $2,000, forcing them to make tough choices, new research shows.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
World
More World
State Department approves $2.7 billion air defense sale to Ukraine
The proposed sale is subject to congressional review.
Trump says he's struck deal for "permanent control over security" in Greenland
President Trump said he struck a deal to give the U.S. "permanent control over security" in Greenland following a push by the president to boost U.S. influence over the island — or take it over.
Police capture suspected serial killer disguised as woman, carrying baby
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Trump touts plan for new U.S. base as Poland warns of risks from Russia
Trump touts "major progress" on plans for a permanent U.S. Army base in Poland as the country's leader warns Russia's war on Ukraine could hit NATO soil.
First on CBS
Princess Diana's brother claims Charles sounded "elated" after she died
Princess Diana's brother claims in his book that then-Prince Charles "sounded giddily elated" right after his ex-wife died in a Paris car crash.
Entertainment
More Entertainment
Duncan Sheik, singer-songwriter of "Barely Breathing," dies at 56
Duncan Sheik died on Thursday night, his family said.
Princess Diana's brother makes new claims
The brother of the late Princess Diana claims in his upcoming book that then Prince Charles seemed "upbeat" right after his ex-wife died in a Paris car crash in 1997. When asked about these allegations, Buckingham Palace referred to a statement it released earlier this week saying that the king "is mindful that the pain of fraternal grief can cloud reason, affect judgement and colour memory, even many years after such a loss." Watch more of Charles Spencer's conversation with Mark Phillips on "CBS Sunday Morning."
Diana's brother on Charles' reaction to death
Princess Diana's brother, Earl Charles Spencer, makes stunning allegations in a new memoir against then-Prince Charles, now King Charles III, and his reaction to Diana's death. Holly Williams reports.
Exclusive
Porsha Williams reveals health emergency: "It all happened so fast"
Porsha Williams revealed to "CBS Mornings" co-anchor Gayle King that she had to undergo an emergency partial hysterectomy this year after doctors discovered 21 uterine fibroids
From the archives: Bob Mackie on being dressmaker to the stars
Nine-time Emmy-winning costume designer Bob Mackie, who clothed such musical and comedic talents as Cher, Carol Burnett, Barbra Streisand and Liza Minnelli, died on Sept. 14, 2026 at age 87. In this Sept. 21, 2003 "Sunday Morning" profile, Mackie talked with correspondent Rita Braver about how a star-struck kid growing up outside Hollywood became a dressmaker to the stars, and what fascinates him about divas. He also talked about the tragic death of his son, Robin, from AIDS.
Technology
More Technology
Technology
AI experts call for independent safety auditors
More than 100 artificial intelligence experts have signed a public letter to express the need for independent AI safety evaluators. Princeton computer science professor Arvind Narayanan, who signed the letter, joins CBS News to discuss.
Nvidia CEO says AI development shouldn't be slowed
Jensen Huang, the CEO of Nvidia, the world's largest chipmaker, told "Sunday Morning" that tech companies should push forward with the development of artificial intelligence despite recent warnings from worried industry leaders that there may be a need to pull back due to unease about the technology.
How AI powered robots are helping small farms
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.
Nvidia CEO calls for AI to be developed "as fast as we can"
The CEO of the world's largest chipmaker told CBS News that tech companies should proceed with artificial intelligence development despite recent warnings from worried industry leaders that there may be a need to pull back.
AI expected to loom large over Trump-Xi summit
President Trump is set to meet with Chinese President Xi Jinping in Washington, D.C., on Thursday amid mounting concerns about the safety of artificial intelligence. CBS News chief foreign affairs correspondent and "Face the Nation" moderator Margaret Brennan has more.
Science
More Science
Science
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
New species of wild cat discovered for first time in more than a century
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
Humpback whale seen grieving dead calf in rare footage
The footage shows a female humpback whale staying close to the dead calf as it lies motionless on the seafloor, touching it with its head and fin.
Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
Crime
More Crime
Crime
Patrick Clancy: "I think I did the best I could"
Asked whether he feels like he failed in some way, Patrick Clancy told 60 Minutes he believes he did the best he could with the information he had at the time. Watch more of the interview on 60 Minutes on Sunday.
Holdout juror in Clancy case speaks
The holdout juror in Lindsay Clancy's triple murder case has released a statement. Shanelle Kaul reports.
Police capture suspected serial killer disguised as woman, carrying baby
Brazilian police said they will reopen dozens of cases linked to a self-confessed serial killer who was arrested as he attempted to escape dressed as a woman and carrying a baby.
Grandmother sues Fargo, ND, over facial tech
A Tennessee grandmother is suing the city of Fargo, North Dakota, after facial recognition software linked her to a crime she didn't commit, which led to a nearly six-month stay in jail. CBS News' Nicole Valdes has more.
Uber must pay $40 million in wrongful death suit
A woman was hit and killed after an Uber driver forced her and her friend out of his car on a freeway. Now, Uber has been ordered to pay $40 million after the victim's family brought forth a wrongful death suit. CBS News' Lauren Pozen reports.
Space
More Space
NASA spacecraft discovers moon crater bigger than Roman Colosseum
Scientists have discovered a crater on the moon that's bigger than the Roman Colosseum, the result of a powerful impact two years ago.
NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
Latest Galleries
More Latest Galleries
Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Neuroscientists grow human brain tissue in mice
Neuroscientists at Stanford University successfully grew human brain tissue inside mice in the hopes of further enabling the development of treatments for brain disorders. Stanford Medicine professor of psychiatry and behavioral sciences Dr. Sergiu Pasca, who led the study, joins CBS News to break down the findings.
AI experts call for independent safety auditors
More than 100 artificial intelligence experts have signed a public letter to express the need for independent AI safety evaluators. Princeton computer science professor Arvind Narayanan, who signed the letter, joins CBS News to discuss.
Protests at Kennedy Center amid Trump threat
Protesters gathered outside the Kennedy Center in Washington, D.C., on Friday evening after President Trump threatened to demolish the building. WUSA9 reporter Matt Gregory joins from the scene.
Claude AI reportedly used to hack ChatGPT
Researchers from the independent security platform Hacktron AI reported they used Anthropic's Claude tool to hack OpenAI's ChatGPT model. CBS News MoneyWatch reporter Megan Cerullo reports.
Nvidia CEO says AI development shouldn't be slowed
Jensen Huang, the CEO of Nvidia, the world's largest chipmaker, told "Sunday Morning" that tech companies should push forward with the development of artificial intelligence despite recent warnings from worried industry leaders that there may be a need to pull back due to unease about the technology.