Thinking of an adjustable-rate mortgage? Here are 3 questions to ask.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
Home Sales
Cost of maintenance adds thousands of dollars to homeownership
Homeowners spent a median $22,000 on renovations last year, a sharp increase from the $14,000 spent in 2018.
Couples turn to wedding registry to help save money to buy a home
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
Mortgage rates touch 8% for the first time since 2000
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates haven't been this high since 2000
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Homes "unaffordable" in 99% of nation for average American
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
Home sales down 15% from 2022, data shows
Existing home sales fell almost 1% in August and were down about 15% over the past year, according to new data from the National Association of Realtors. Aarthi Swaminathan, personal finance reporter for MarketWatch, joined CBS News to discuss the numbers.
Mortgage rates surge to highest level since 2000
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
Fewer available homes driving up prices
Data from FactSet shows existing homes and new homes are now selling for the same median price. Ten years ago, new home prices were on average $60,000 more expensive than existing homes. A big reason for that could be a lack of housing stock due to potential sellers hanging onto their homes thanks to lower interest rates on their mortgages. Sami Sparber, real estate reporter for Axios, joined CBS News to talk about the trend.
Rent is falling across the U.S. for the first time since 2020
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
This shade of gray can add $2,500 to the value of your home
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Frustrated coastal home buyers contend with low inventory, high demand
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
Consumer debt passes $17 trillion
Stocks closed relatively flat as investors reacted to new consumer debt and mortgage data. Sanders Morris Harris chairman George Ball spoke with CBS News about what the numbers mean for investors and the economy.
Home sale prices decline in parts of U.S.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
Stocks slide after earnings reports
Stocks closed in the red across the board Tuesday, as investors react to first quarter earnings reports. CenterSquare senior investment strategist Uma Moriarity spoke with Errol Barnett about what the results mean for investors going forward.
Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Investors react to earnings reports
Stocks closed down slightly on Thursday as investors reacted to mixed earnings reports and new weekly jobless claims numbers. CenterSquare Investment Management senior strategist Uma Moriarity joined CBS news to discuss what the developments mean for investors.
Home prices fall for 7th straight month
New data shows that U.S. home prices fell 0.2% in January, the seventh consecutive month prices have gone down. Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News's Errol Barnett and Lana Zak to discuss where prices are falling fastest and what to expect in the coming months, as the Federal Reserve may continue its interest rate hikes.
Home flipping profits decline
New data shows home flipping in the United States is still popular, but last year the practice saw its lowest profits since 2008. CBS MoneyWatch reporter Khristopher Brooks joins Errol Barnett and Elaine Quijano to discuss the trends.
Housing market cools amid prime season
Peak homebuying season is near, but it may not be as fruitful for buyers or sellers. Realtor.com executive news editor Clare Trapasso joins "CBS News Mornings" to discuss.
Vast majority of U.S. homes are unaffordable to the average buyer
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
U.S. homes see decline in value, report finds
A new report from Redfin found that homeowners are seeing a significant decline in their home values, dropping a total of $2.3 trillion between June and December of 2022. Taylor Marr, deputy chief economist at Redfin, joins CBS News to discuss the report.
Maneuvering the housing market slowdown
Existing home sales declined once again in January for the 12th straight month, to the lowest level posted in more than 12 years. Veronica Dagher, a personal finance reporter for the Wall Street Journal, joins CBS News to discuss how you should maneuver the market if you're looking for a new home.
More Americans move to the South
After the height of the pandemic, data shows more people have moved away from big cities and are heading toward Florida, Texas and the Carolinas. Nadia Evangelou, senior economist and director of real estate research with the National Association of Realtors, joins "CBS News Mornings" to discuss which areas are seeing the biggest population booms.
Here's how much renting will cost you versus buying a home
In 45 of the 50 largest cities, buyers pay far more for the privilege to own a home than they do to rent.
Live
U.S., Iran trade more strikes after Trump says ceasefire is "over"
The U.S. began a second night of strikes Wednesday and Iran responded in kind after President Trump declared earlier in the day that the ceasefire was "over."
Graham Platner suspends Maine Senate campaign after sexual assault allegation
Maine Democratic Senate candidate Graham Platner is suspending his campaign against GOP Sen. Susan Collins, after a woman accused him of sexually assaulting her five years ago.
Judge orders release of over $5 million due to E. Jean Carroll in Trump case
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
NASA chief flew private military jets over D.C. for July 4th despite FAA disapproval
NASA Administrator Jared Isaacman flew private military jets over D.C. in a flyover Saturday — with Acting Attorney General Todd Blanche as a passenger — despite safety objections from the FAA.
How Democrats could pick a new Maine Senate nominee to replace Graham Platner
Maine Democrats are facing a ticking clock to find a new candidate to go up against GOP Sen. Susan Collins this fall, after Graham Platner dropped out of the race following a sexual assault allegation.
White House announces "Freedom Fuel" gas station selling $3.47 gasoline
The Freedom Fuel Network is offering gasoline for more than 30 cents a gallon below the national average.
Suspect's roommate in Charlie Kirk killing given immunity for recorded statements
Prosecutors revealed that the roommate of the man accused of assassinating Charlie Kirk was given "use immunity" in exchange for providing recorded video statements to investigators about the case.
Nolan Wells' family seeks answers after missing Mississippi teen found dead
The family of Nolan Wells, who was found dead after a July 4 boat trip to Horn Island, has hired civil rights attorney Ben Crump.
Trump hails "unity" at NATO summit, despite recent tensions
President Trump concluded the NATO summit with a press conference touting the "tremendous love" exhibited by the allies.
U.S.
More U.S.
Second Memphis fatal shooting in 4 days by federal task force, officials say
A member of a federal crime-fighting task force in Memphis shot and killed a man there on Wednesday, the second fatal shooting by a task force member in four days.
What to know about "explosive" diarrhea-causing parasite reported in several states
Michigan is experiencing its largest outbreak of a parasitic infection, called cyclosporiasis, that causes severe diarrhea.
Suspect's roommate in Charlie Kirk killing given immunity for recorded statements
Prosecutors revealed that the roommate of the man accused of assassinating Charlie Kirk was given "use immunity" in exchange for providing recorded video statements to investigators about the case.
Sons of man killed by ICE officer in Houston demand independent probe
Lorenzo Salgado Araujo worked for 35 years to send all three of his American citizen sons to college, his son said. He was shot and killed by an ICE officer on Tuesday.
Parents of football player who died speak out after charges filed against ex-coach
Pennsylvania Attorney General Dave Sunday announced that his office is charging former Bucknell coach Mark Kulbis with felony aggravated hazing.
MoneyWatch
More MoneyWatch
Judge orders release of over $5 million due to E. Jean Carroll in Trump case
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
White House announces "Freedom Fuel" gas station selling $3.47 gasoline
The Freedom Fuel Network is offering gasoline for more than 30 cents a gallon below the national average.
Stocks slide, oil surges after Trump says Iran ceasefire is over
Oil prices jumped 6% while U.S. stocks fell as renewed Middle East conflict threatens crude shipments through the Strait of Hormuz.
China warns of "security backdoor" in Anthropic AI coding tool
A Chinese industry regulator warned users of a "security backdoor" embedded in versions of U.S. artificial intelligence company Anthropic's coding tool, Claude Code.
Why do airlines make passengers check their carry-on at the gate?
Catching a flight with just a carry-on can make travel feel easy. No need to check a bag and all your belongings stay with you. But quite often, that suddenly changes before boarding.
Politics
More Politics
Graham Platner suspends Maine Senate campaign after sexual assault allegation
Maine Democratic Senate candidate Graham Platner is suspending his campaign against GOP Sen. Susan Collins, after a woman accused him of sexually assaulting her five years ago.
NASA chief flew private military jets over D.C. for July 4th despite FAA disapproval
NASA Administrator Jared Isaacman flew private military jets over D.C. in a flyover Saturday — with Acting Attorney General Todd Blanche as a passenger — despite safety objections from the FAA.
Suspect's roommate in Charlie Kirk killing given immunity for recorded statements
Prosecutors revealed that the roommate of the man accused of assassinating Charlie Kirk was given "use immunity" in exchange for providing recorded video statements to investigators about the case.
U.S. military launches second night of strikes against Iran
The U.S. military launched another round of strikes against Iran late Wednesday night, U.S. Central Command said, in the second night of attacks as diplomacy between the two countries appears to collapse.
Judge orders release of over $5 million due to E. Jean Carroll in Trump case
The damages were awarded to Carroll, a writer, by a 2023 jury in a civil sexual abuse and defamation case.
HealthWatch
More HealthWatch
What to know about "explosive" diarrhea-causing parasite reported in several states
Michigan is experiencing its largest outbreak of a parasitic infection, called cyclosporiasis, that causes severe diarrhea.
What to know about infant botulism
A fourth infant was hospitalized for botulism linked to Nara Organics baby formula, and the FDA is now expanding its investigation. Dr. Céline Gounder has the latest.
Nara Organics infant formula linked to another case of botulism
The FDA is urging parents and caregivers to immediately stop using a Nara Organics-brand formula after several infants contracted botulism.
Switching to a cheaper health plan delayed a man's access to vital medicine
A Florida man thought he had carefully planned for a seamless switch between health plans. It was anything but.
"Very unhealthy" pollution levels recorded in D.C. after July 4th fireworks
A "purple" air quality alert was issued for Washington, D.C., and surrounding areas, on Sunday, meaning pollution reached levels considered "very unhealthy."
World
More World
June was the hottest on record for Western Europe, second hottest globally
A new report by the Copernicus Climate Change Service also found that June temperatures in Western Europe were nearly 5.5 degrees above average.
U.S. military launches second night of strikes against Iran
The U.S. military launched another round of strikes against Iran late Wednesday night, U.S. Central Command said, in the second night of attacks as diplomacy between the two countries appears to collapse.
Trump says U.S. will grant Ukraine's request to license Patriot defense system
"A little birdie told me this, about the fact that we'll give them the right to make Patriots," President Trump told Ukrainian President Volodymyr Zelenskyy.
Doctor with "lust for murder" convicted in deaths of 15 patients
The doctor allegedly killed 12 women and three men between 2021 and 2024. He allegedly set fire to some of the victims' apartments to cover up the killings.
Telegram used to share rape videos and drugging tips, prosecutors say
The suspects posted videos of their attacks and referred to women as "cars," sedatives as "fuel" and rape as "driving," according to court documents.
Entertainment
More Entertainment
Entertainment
The War and Treaty performs "Litty"
The War and Treaty performs "Litty" from their new album "The Story of Michael and Tanya" at the historic Woolworth Theatre in Nashville.
Goo Goo Dolls perform "Slide"
The Goo Goo Dolls perform their hit song "Slide" as America rings in its 250th birthday
2026 Emmy nominations are announced: See the full list
The nominations for the 78th annual Primetime Emmy Awards were announced Wednesday morning in Los Angeles, with the final season of HBO Max's "Hacks" setting a new record for the most nominations in a single year for a comedy series.
Cristo Fernández on kid's book, loving soccer
"Ted Lasso" actor Cristo Fernández shares the inspiration behind his new children's book "Fútbol is Life!" The bilingual book draws on Fernández's childhood experiences growing up in Guadalajara and is "a love letter to the game" of soccer.
Restaurants rebound with "Kitchen Undercover"
Chef Antonia Lofaso helps struggling restaurants get back on track with her new show, "Kitchen Undercover." Lofaso joins "CBS Mornings" to explain how.
Technology
More Technology
China warns of "security backdoor" in Anthropic AI coding tool
A Chinese industry regulator warned users of a "security backdoor" embedded in versions of U.S. artificial intelligence company Anthropic's coding tool, Claude Code.
Satellites search for wildfires from space
FireSat satellites, equipped with specialized cameras and imaging software, are helping detect wildfires from space. Muon Space CEO Jonny Dyer explains how the satellites could help firefighting efforts.
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.
Microsoft to cut more than 3,000 jobs from ailing Xbox unit
Microsoft moves to slash costs as the video game industry faces what the tech giant calls the "most severe hardware crisis in its history."
Why U.S. initially restricted Anthropic AI models
The Trump administration has lifted export restrictions on Anthropic's most advanced artificial intelligence models, Fable and Mythos, after weeks of negotiations over national security concerns. CNET Editor-in-Chief David Katzmaier joins to discuss.
Science
More Science
2,000-year-old gold rings and human bones found by archaeologists
Archaeologists have discovered eight human skeletons, bronze and gold jewelry and other artifacts indicating a ceremonial burial of wealthy people.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
The American innovation that made millions of others possible
From the lightbulb to the airplane, to medical breakthroughs and the internet age, the past 250 years have been defined by America's intrepid intellect.
New White House UFO panel chair speaks out
The White House appointed former Harvard University astronomer Avi Loeb to lead its new panel on Unidentified Anomalous Phenomena, also known as UAPs and UFOs. Loeb shares his enthusiasm for his new role.
3 futurists predict what America will be like in the centuries ahead
From space to healthcare and artificial intelligence, what could the next 250 years of the United States look like?
Crime
More Crime
Crime
Lawyers battle over evidence in Kirk case
In Utah, a judge is weighing whether 23-year-old Tyler Robinson should face trial for the killing of conservative activist Charlie Kirk, and whether a recorded interview with Robinson's former roommate and romantic partner should be made public. Carter Evans reports.
Person of interest in custody after stray bullet hits 5-year-old in Detroit
Kaizer, 5, is expected to make a full recovery after a stray bullet struck him while he rode his bicycle near his west side Detroit home Tuesday evening, his family said.
Parents of football player who died speak out after charges filed against ex-coach
Pennsylvania Attorney General Dave Sunday announced that his office is charging former Bucknell coach Mark Kulbis with felony aggravated hazing.
Suspect in Charlie Kirk death back in court
Tyler Robinson, the suspect in Charlie Kirk's murder, is due back in court today as he faces Day 3 of preliminary hearings. This comes after prosecutors unveiled footage of him on the Utah college campus where Kirk was killed. CBS News' Anna Schecter reports.
Ex-Wisconsin judge fined $5,000, spared prison in ICE obstruction case
A former Wisconsin judge will soon learn her sentence for felony obstruction for helping an immigrant evade federal officers.
Space
More Space
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
NASA astronauts operate on space station's broken robot arm
The orbital surgery on the International Space Station returned the Canadian-built robot arm to full health after its "wrist" joint failed last month.
NASA prepares to launch rescue to save telescope from falling to Earth
The $30 million salvage operation gets underway as soon as this week with the planned launch of a robotic lifesaver.
Astronomers find 2 gigantic planets lighter than cotton candy
The featherweight pair — orbiting a star 1,110 light-years away — are the biggest exoplanets found to have less density than cotton candy.
Latest Galleries
More Latest Galleries
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.
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.
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.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
More Latest CBS News Videos
Latest CBS News Videos
Rahm Emanuel delivers tough love on Israel
Former Chicago mayor and former U.S. ambassador to Japan Rahm Emanuel spoke at Tel Aviv University on Wednesday. The potential Democratic presidential candidate called to end unconditional U.S. support for Israel as part of a larger political shift among Democrats.
Analysis of Trump revoking Iran's oil waver
The rise in oil prices comes after the Trump administration on Tuesday revoked a waiver that allowed Iran to sell oil. CBS News coordinating producer Richard Escobedo has more.
Middle East expert on U.S. strikes on Iran
U.S. Central Command said the U.S. military is conducting a new wave of strikes on Iran at the direction of the president. The second night of strikes came after President Trump said the fragile ceasefire between the two countries was over as far as he was concerned. Will Todman, senior fellow for the Middle East Program at the Center for Strategic and International Studies, has more.
Graham Platner suspends his campaign
Maine Democratic Senate candidate Graham Platner has suspended his campaign following sexual assault allegations. He has denied all claims. The 41-year-old announced his decision in a social media video on Wednesday. Caitlin Huey-Burns reports.
Details: Graham Platner suspends his campaign
Maine Democrat Graham Platner has dropped out of his race for Senate following sexual assault allegations that he continues to deny. The 41-year-old announced his decision in a social media video on Wednesday. Jessi Mitchell anchors this special report.