Mortgage rates are back above 7%. How much higher could they climb?
Rates are "far more likely to go up than down by the end of the year," a senior economist at Realtor.com told CBS News.
Home Sales
Mortgage rates top 7% for the first time since May 2024
As rates climb, more buyers are seeking riskier adjustable-rate mortgages, according to the Mortgage Bankers Association.
States crack down on misleading home listings
More home listings are using AI to add furniture, repaint walls, spruce up landscaping and even add windows. But when does virtual staging cross the line into deception or even fraud? CBS News' Evyn Moon explores.
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.
Home prices across the U.S. hit an all-time high
Sky-high housing prices make even starter homes too expensive for most Americans, housing data show.
Starter Homes are a Million Bucks Now
Starter homes now cost $1 million in many parts of the country, leaving younger generations wondering whether homeownership is still a realistic goal. Jill asks whether buying a house should remain a cornerstone of the American dream, or if the idea itself has become outdated. Plus, caller questions: Dorian is feeling the financial strain of wedding season as travel costs, gifts and pricey trips pile up. And Andrew, a new dad, wants to know whether now is the right time to buy term life insurance. Have a money question? Email askjill@jillonmoney.com.
Don't Buy a House Together Until You Hear This
Caller Aaron has a family mess on his hands: his cousin bought a house with a girlfriend; they broke up, and now his cousin's credit is still tied to the property while the ex continues living there and refuses to refinance. Jill explains exactly what to do before buying a major asset with someone you're not married to. Plus, Jill breaks down the new student loan rules that took effect on July 1, 2026, how parents and prospective students should navigate the new rules and why taking on debt for college may not be worth it anymore. Have a money question? Email askjill@jillonmoney.com.
Household growth fell in 2025, study finds
A new study shows high costs and short supply are hurting the U.S. housing market. Harvard University's State of the Nation's Housing 2026 report found that household growth, the net change in the total number of occupied housing units or households from year to year, slowed for the third straight year in 2025. Chris Herbert, the managing director of the Harvard Joint Center for Housing Studies, joins "The Daily Report" to discuss.
Prospective homeowners delaying purchases
The cost of a typical starter home has never been higher. Cristian Benavides has more in "Affordability in America."
242 U.S. cities have $1M starter homes: Zillow
Online real estate marketplace Zillow found that 242 U.S. cities now have starter homes worth $1 million or more, nearly triple the number of cities reported in 2020. The company defines a starter home as one in the lowest third of home values in a given region. CBS News MoneyWatch reporter Megan Cerullo has more.
Single Gen Z women buying more homes than men
Data from the National Association of Realtors shows that 35% of single women ages 18 to 26 are buying homes compared to just 18% of single Gen Z men. However, as a whole, the age group is struggling to keep up with others when it comes to owning a home. Jessica Lautz, the deputy chief economist at the National Association of Realtors, joins "The Daily Report" to discuss.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
Poll: Fewer feel prices rising, but most see a gap between richest, middle class
Poll on the economy and opportunity finds fewer feel prices rising, while most see a gap between the richest and the middle class.
Foreclosure filings rising, report finds
As more U.S. homeowners struggle to keep up with mortgage payments and maintenance costs, new data shows the number of property foreclosures is steadily rising. CBS News contributor Javier David has more.
New home sales hit 3-year high
Data shows sales of newly-built homes have jumped to the highest level in three years. CBS News MoneyWatch correspondent Kelly O'Grady explains what's driving the jump.
What the latest downturn in the housing market means for buyers
In June, the median U.S. sale price for a home hit a record high of $396,000, according to Redfin.
Housing market shows signs of cooling off
For years, the U.S. housing market has boomed, pricing many out of their financial comfort zone and the market. Now, home prices are showing signs of cooling off. CBS News New York's Ali Bauman has details for buyers and sellers.
Fed Chair: Tariffs could drive up inflation
Federal Reserve Chair Jerome Powell testified on Capitol Hill Wednesday about the state of the U.S. economy. CBS News senior business and technology correspondent Jo Ling Kent has the details.
Matchmaking service helps homeowners cut costs
In the middle of a housing crisis, a San Francisco startup is zeroing in on an untapped market with a surprising matchmaking app that is helping both college students and homeowners cut costs. Itay Hod explains.
These U.S. metro areas are among the best for first-time homebuyers
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Existing home sales drop in March
Sales of previously owned U.S. homes fell in March by 6%, the most since 2022, according to the National Association of Realtors. CBS News senior business and technology correspondent Jo Ling Kent explains what the figures could suggest about the state of the economy.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
U.S. existing home sales rise in February
New data from the National Association of Realtors shows U.S. home sales jumped 4.2% month-over-month in February, though year-over-year there was a slight drop. CBS News MoneyWatch correspondent Kelly O'Grady reports.
"Breaking Bad" house up for sale. Here's how much it costs.
Centered on mythical methamphetamine cookers Walter White and Jesse Pinkman, the series wrapped up more than a decade ago, but its legacy continues to draw looky-loos to the home.
Here's how old the typical U.S. homebuyer is today
Homeowners in the U.S. are getting older as the dream of buying a house slips further out of reach for many Americans.
5 arrested near base used by U.S. on suspicion of preparing terrorist act
The RAF Fairford base has been used by U.S. forces involved in targeting Iran since the start of the war in February.
Nor'easter drenches East Coast, bringing deadly winds, flooding
The worst impacts of a powerful nor'easter could still be ahead on Sunday, after the storm brought heavy rain, flooding and destructive winds to the Northeast.
Sen. John Fetterman says it's "entirely possible" Democrats take back Senate
Democratic Sen. John Fetterman of Pennsylvania said that it's "entirely possible" his party wins control of the Senate in the midterm elections, while leaving the door open on his own political future.
2026 MTV VMAs highlights include Madonna, Taylor Swift
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Live
Trump expects talks with Iran to resume this week after rejecting proposal
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
Sen. Kennedy urges Trump to focus on affordability ahead of midterm elections
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
Will artificial intelligence really kill us all?
AI experts discuss the risks inherent in artificial intelligence teaching itself to become smarter; and whether recent declarations of AI's threat to humanity are to be taken seriously.
3 killed, 4 others hurt in shooting at "after-hours" spot in Detroit, police say
Three males are dead and four other people are injured after a shooting at an "after-hours" location in Detroit Sunday morning.
New giant pandas from China arrive in Atlanta zoo
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
U.S.
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2026 MTV VMAs highlights include Madonna, Taylor Swift
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Georgia park mass shooting wounds 11 teens at birthday party
The wounded victims were identified as four 18-year-old men, five 17-year-old boys and two 18-year-old women, according to the sheriff's office.
Sen. Kennedy urges Trump to focus on affordability ahead of midterm elections
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
Full transcript of "Face the Nation with Margaret Brennan," Sept. 27, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian President Masoud Pezeshkian and Alexander Yui, Taiwan representative to the U.S., join Margaret Brennan.
New giant pandas from China arrive in Atlanta zoo
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
MoneyWatch
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YouTube, the new path to Hollywood for filmmakers
Two of Hollywood's biggest hits this year – "Obsession" and "Backrooms," horror films with tiny budgets directed by YouTube creators – have studios searching for other social media-savvy talent, making YouTube a valuable new kind of film school.
TikTok settles lawsuit over youth safety concerns for at least $100 million
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
How GLP-1 weight-loss drugs are changing fast-food menus
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Ready or not, here come the AI gadgets, from "charms" to smart speakers
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
Facebook found liable for deceiving users in Cambridge Analytica case
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Politics
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Sen. Kennedy urges Trump to focus on affordability ahead of midterm elections
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
Full transcript of "Face the Nation with Margaret Brennan," Sept. 27, 2026
On this "Face the Nation with Margaret Brennan" broadcast, Iranian President Masoud Pezeshkian and Alexander Yui, Taiwan representative to the U.S., join Margaret Brennan.
Transcript: Sen. John Kennedy on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Sen. John Kennedy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
HealthWatch
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Teen's headache reveals family health risk: "Saving people's lives"
Minutes into a run, Caroline McCaffrey was struck with a massive headache. The resulting medical journey would reveal a family risk for a dangerous condition.
Will an FDA crackdown curb access to cheaper GLP-1 weight-loss drugs?
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
Bone health and the "silent disease": 4 things women should know
In the latest episode of "Healthful," Dr. Jocelyn Wittstein, an orthopedic surgeon at Duke University School of Medicine, discusses what women should know about protecting their bones.
Even the smallest joys can help prevent suicide, researchers say
New research highlights common themes shared by people who found reasons to keep living through dark times.
First on CBS
JB Pritzker reveals GLP-1 use, pressed on possible presidential run
Illinois Gov. JB Pritzker revealed to "CBS Mornings" that for the last two years he has been using a GLP-1 medication to lose weight.
World
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Transcript: Sen. John Kennedy on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Sen. John Kennedy, Republican of Louisiana, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Transcript: Rep. Jim Himes on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Rep. Jim Himes, Democrat of Connecticut, that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Pope Leo criticizes legalization of assisted dying as "false compassion"
Pope Leo XIV has criticized the legalization of medically assisted death as "false compassion" during his visit to Lourdes, France.
Transcript: Alexander Yui, Taiwan's representative to the U.S., on "Face the Nation with Margaret Brennan," Sept. 27, 2026
The following is the transcript of the interview with Alexander Yui, Taiwan's representative to the U.S., that aired on "Face the Nation with Margaret Brennan" on Sept. 27, 2026.
Protesters block Northern Ireland march, first since Good Friday Agreement
British Prime Minister Andy Burnham called for calm in Northern Ireland on Sunday after the Orange Order was given the go-ahead by the High Court in Belfast in a late-night sitting.
Entertainment
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2026 MTV VMAs highlights include Madonna, Taylor Swift
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
The New Season: Fall 2026 - The most anticipated new movies, music, TV and more
Be on the lookout for these new entertainment offerings in the coming months, from screens to the stage, from music to the page.
The New Season: Fall 2026 – Movies, TV and more
Be on the lookout for these new entertainment offerings in the coming months, from movies, TV and streaming, to live theater and the bookstore.
Sylvester Stallone on the fight to make "Rocky"
Sylvester Stallone was a struggling actor who wrote the perfect script for himself – and refused to sell it unless he played the title role. He talks about his new memoir, "The Steps," that recounts his rocky road to fame before and after "Rocky."
Extended interview: Sylvester Stallone
In this web exclusive, actor, writer and director Sylvester Stallone talks with correspondent Tracy Smith about his career, including his first experience as an actor in a school production of "Death of a Salesman"; how rejection made him tougher; why he refused to sell his screenplay for "Rocky" unless he played the lead role; and how he continued to fight during the film's production to maintain his vision of the character.
Technology
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Will artificial intelligence really kill us all?
AI experts discuss the risks inherent in artificial intelligence teaching itself to become smarter; and whether recent declarations of AI's threat to humanity are to be taken seriously.
Will artificial intelligence really kill us all?
Correspondent David Pogue talks with AI experts Daniel Kokotajlo, Geoffrey Hinton and Alex Turner about the risks inherent in artificial intelligence teaching itself to become smarter, and how recent developments set off alarms about AI bots going rogue. He also talks with Andrew Ng, cofounder of Google's AI program, about whether recent declarations of threats to humanity are to be taken seriously.
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.
FAA rolls out new AI flight software
The Federal Aviation Administration is rolling out new air traffic control software that uses artificial intelligence as a prediction tool. This comes as more than half of Americans worry that AI models could act on their own to cause harm, accord to a CBS News survey. Kris Van Cleave has the story.
Pope Leo visits France
Pope Leo XIV traveled to France, the first papal visit in nearly 20 years. Chris Livesay reports.
Science
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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
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Georgia park mass shooting wounds 11 teens at birthday party
The wounded victims were identified as four 18-year-old men, five 17-year-old boys and two 18-year-old women, according to the sheriff's office.
True crime, where there's nothing hotter than a cold case
Today the public's appetite for true crime – from TV shows and podcasts to the big screen – has never been bigger, as devotees of the genre even spend their time trying to solve crimes. Correspondent Luke Burbank visits the annual CrimeCon convention, and talks with Karen Kilgariff and Georgia Hardstark, hosts of the "My Favorite Murder" podcast, and professor Jean Murley, about the appeal of crime as entertainment.
Tasia Fortune's hanging was "staged" after her death, police say
Authorities haven't disclosed the exact cause of Fortune's death, but they did rule it a homicide and have arrested two men.
Latest in trial of "American Idol" contestant
Former "American Idol" contestant and music pastor Caleb Flynn stands accused of murdering his wife. His former mistress, Alleigha Botner, testified in the trial. CBS News' Ian Lee has more details.
Minnesota sailor returns from USS Lincoln duty to find apartment ransacked
A Minnesota native who had been serving aboard the USS Abraham Lincoln for nearly 10 months came home to an upsetting surprise.
Space
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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
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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
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Latest CBS News Videos
Extended interview: Patrick Clancy
Patrick Clancy wrestles with grief and shares memories of his children in his first interview since his ex-wife Lindsay Clancy's murder trial ended without a verdict.
2026 VMAs red carpet looks
Celebrities walked the red carpet for the 2026 MTV Video Music Awards, hosted by Snoop Dog, on Sunday night in Los Angeles. Stars like Taylor Swift, Charli xcx and more showed off glamorous looks for the cameras.
Sen. Fetterman sits down with Major Garrett
CBS News' Major Garrett sat down with Sen. John Fetterman at the Texas Tribune Festival in Austin on Saturday to discuss how the Pennsylvania Democrat feels about midterms and his own political future. Video credit: Texas Tribune Festival.
Himes on Iran's influence on midterms
Democratic Rep. Jim Himes of Connecticut told "Face the Nation with Margaret Brennan" that as President Trump rejected Iran's latest proposal to reopen the Strait of Hormuz and restart talks, "the Iranians now, in some sense, control what happens on Election Day."
Kennedy urges Trump to focus on affordability
Republican Sen. John Kennedy of Louisiana told "Face the Nation with Margaret Brennan" that voters are "worried about the cost of living" heading into the midterm elections, and he urged President Trump to focus on that and give a national address amid the war with Iran.