Mortgage rates expected to fall in 2024
Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
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Some financial experts expect mortgage rates to decline gradually over the coming months. Mark Hamrick, a senior economic analyst for Bankrate, joins CBS News with the data behind this projection.
Will mortgage rates drop and home prices finally fall in 2024? Chen Zhao, who leads the economics team at Redfin, shares some early predictions for the housing market in 2024.
Sky-high mortgage rates that scared off some potential home-buyers this year are slowly starting to drop. Rates are now at their lowest level since June after hitting a 23-year high in October. Greg McBride, chief financial analyst at Bankrate, joined CBS News to discuss how much lower rates might go.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
An end to the interest rate hike cycle may be in sight with inflation cooling. Al Root, a senior writer at Barron's, breaks down how the rate hike pause could positively impact your retirement savings plans.
Deciding on an adjustable-rate mortgage boils down to how long you plan to own a property and if your income is stable.
Homeowners spent a median $22,000 on renovations last year, a sharp increase from the $14,000 spent in 2018.
A rising number of couples are using their wedding registry to ask for down payment donations, according to The Knot.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Home prices have jumped so much that Americans must pay a third of their income on housing, according to one study.
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.
Interest rates for a home loan are continuing to soar, driving many aspiring property owners out of the market.
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.
After topping out last year at nearly $1,800 per month, rent is finally starting to ease, new data shows.
Homes with rooms painted in dark, dusky shades commanded higher bids than those with lighter interiors, Zillow report finds.
Home buyers in many U.S. coastal areas are advised to prepare to settle, bring cash offers and close quickly.
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.
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 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.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
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.
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.
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.
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.
The RAF Fairford base has been used by U.S. forces involved in targeting Iran since the start of the war in February.
The storm brought heavy rain, flooding and destructive winds to the Northeast.
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.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Iran had presented a seven-day plan to reopen the Strait of Hormuz and return to negotiations for a lasting end to the war.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
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.
Three males are dead and four other people are injured after a shooting at an "after-hours" location in Detroit Sunday morning.
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
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.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
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.
Zoo Atlanta said giant pandas Ping Ping and Fu Shuang arrived at Hartsfield-Jackson International Airport on Sunday morning.
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.
Alabama sued the social media company in 2025, claiming the platform had negative effects on the mental well-being of youths.
Chipotle, McDonald's and Shake Shack are among the restaurant chains revamping their menus as more consumers go on weight-loss drugs.
Meta, Microsoft and other major tech companies are developing a range of AI products for consumers, from wearables to speakers.
The two-week trial in New Mexico centered on accusations Facebook deceived users about a data breach.
Kennedy also weighed in on a new ad campaign extolling the president, saying no official "should spend public money on private ads for themselves."
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.
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.
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.
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.
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.
The FDA has warned a major compounding pharmacy that it violated federal law by making copies of blockbuster weight-loss drugs in "inordinate amounts."
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.
New research highlights common themes shared by people who found reasons to keep living through dark times.
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.
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.
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 XIV has criticized the legalization of medically assisted death as "false compassion" during his visit to Lourdes, France.
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.
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.
Madonna won Artist of the Year while Taylor Swift became the most awarded artist in Video Music Awards history.
Be on the lookout for these new entertainment offerings in the coming months, from screens to the stage, from music to the page.
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 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."
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.
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.
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.
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.
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 XIV traveled to France, the first papal visit in nearly 20 years. Chris Livesay reports.
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.
Scientists have discovered a new species of wild cat for the first time in more than a century, a Bolivian researcher says.
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.
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
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.
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.
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.
Authorities haven't disclosed the exact cause of Fortune's death, but they did rule it a homicide and have arrested two men.
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.
A Minnesota native who had been serving aboard the USS Abraham Lincoln for nearly 10 months came home to an upsetting surprise.
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's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
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.
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
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, 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.
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 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.
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
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.
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.
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.
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."
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.