Tips for buying a home
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
Mortgage rates soared to their highest level of the year this week, according to Mortgage News Daily. Holden Lewis, a home and mortgage reporter for NerdWallet, joins CBS News with tips on buying a home.
The annual income needed to afford even a basic home in the U.S. has risen sharply since the pandemic, a new report shows.
The landmark deal, if approved by a court, could cause real estate fees to drop by as much as 30%, experts say.
It's worth politely asking your agent to lower their commission fee. More than half of those who do so are successful.
While inflation has shown signs of cooling, mortgage rates and home prices are still stubbornly high, making it challenging for many Americans to buy homes. Elise Preston reports.
Homes in the most expensive ZIP codes cost almost 200 times more than the cheapest on a square-foot basis, a new analysis finds.
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.
The former president's attorneys got their first chance to question Cohen, in his second day of testimony, and took aim at his credibility.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
And these officials, a CBS News investigation finds, are charged with certifying election results for the presidential election and other races.
This comes after the cabin door of an Alaska Airlines plane blew off mid-flight in January, sparking congressional and federal investigations.
Prince George's County Executive Angela Alsobrooks is all but certain to face former Republican Gov. Larry Hogan, who was projected to win the GOP primary.
The Florida crash involved a bus transporting about 53 farmworkers and a 2001 Ford Ranger truck, officials said.
Eight TikTok users said that the new law signed by President Biden violates their First Amendment rights.
Royal Turks and Caicos Islands Police have arrested five Americans for bringing ammunition into the Caribbean territory.
Sage bested six other finalists to claim the best in show award at the United States' most illustrious canine event.
Sage bested six other finalists to claim the best in show award at the United States' most illustrious canine event.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
The Povolos missed their high school graduation because of the COVID-19 pandemic, but four years later, the quintuplets from New Jersey are making up for it in college.
Former President Donald Trump's attorneys got their first chance to question Michael Cohen on his second day of testimony and took aim at his credibility.
This comes after the cabin door of an Alaska Airlines plane blew off mid-flight in January, sparking congressional and federal investigations.
The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
Servers in France don't depend on tips like they do in the U.S. — but some restaurants don't want tourists to know that.
The Federal Reserve's campaign to snuff out runaway inflation has bogged down this year. Blame housing costs.
Comcast's StreamSaver arrives at a time when major entertainment companies are teaming up to try to turn a profit from streaming.
The company released an apology and is offering billboard space to groups advocating for individuals it offended.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
Former President Donald Trump's attorneys got their first chance to question Michael Cohen on his second day of testimony and took aim at his credibility.
This comes after the cabin door of an Alaska Airlines plane blew off mid-flight in January, sparking congressional and federal investigations.
And these officials, a CBS News investigation finds, are charged with certifying election results for the presidential election and other races.
Eight TikTok users said that the new law signed by President Biden violates their First Amendment rights.
Nearly 4,000 people die from accidental drowning ever year, according to the CDC.
Interest in raw milk is rising in the U.S., fueled by both "wellness" and conservative influencers on social media — even though it can make people very sick.
Johns Dental Laboratories stopped making the Anterior Growth Guidance Appliance last year after a KFF Health News-CBS News investigation into allegations of patient harm.
Eighty-four million Americans had a mental disorder in 2022, while 34 million people had a substance use disorder. About 11 million people dealt with both, but many did not receive professional treatment, partially because of a persistent stigma leading to silence and shame around mental health problems. Michelle Miller reports on how former congressman Patrick J. Kennedy and author Stephen Fried are hoping to make change with their new book.
A Bay Area-based study finds that 80% of Asian American women with lung cancer never smoked and researchers are trying to figure out why.
The move comes days after the U.S. withheld shipments of certain munitions to Israel over concerns about a ground offensive in the Gaza city of Rafah.
Royal Turks and Caicos Islands Police have arrested five Americans for bringing ammunition into the Caribbean territory.
Dr. Mohammed Abdelfattah, from California, told CBS News many patients are young children suffering burns and explosive injuries.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
"When you look at the long sweep of history, you can see just how dramatic recent global warming is," one of the researchers said.
The special anniversary covers of the Sports Illustrated Swimsuit Issue has seven new covers that feature Kate Upton, Chrissy Teigen, Hunter McGrady and "CBS Mornings" co-host Gayle King.
Munro was the first lifelong Canadian to win the Nobel and the first recipient cited exclusively for short fiction.
Desi Lydic is a writer, producer and Emmy Award-nominated actress who currently serves as one of the hosts of "The Daily Show." She joins "CBS Mornings" to talk about how she landed her "dream job" and what she's learned from having conversations with people all over the country.
Celebrating its 60th anniversary, the Sports Illustrated Swimsuit Issue features industry icons Kate Upton and Hunter McGrady on the cover. They join "CBS Mornings" to talk about the milestone.
The iconic covers of the legendary Sports Illustrated Swimsuit edition have graced newsstands and influenced generations. Today, the magazine is celebrating a huge milestone — the 60th anniversary of its swimsuit edition. Meg Oliver traveled to Florida for a rare behind-the-scenes look at the making of the issue.
Google's highly-anticipated, annual developer conference began Tuesday. The event focused mainly on the company's artificial intelligence advancements. Lisa Eadicicco, senior mobile editor for CNET, joins CBS News with highlights.
The business collaboration tool will be phased out over the next year as Meta focuses on AI and the metaverse.
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.
OpenAI showed off its latest iteration of ChatGPT, GPT-4o, in a livestream presentation on Monday. The update is supposed to be faster and has increased text, voice and vision abilities, including engaging in spoken conversations. Bloomberg News reporter Shirin Ghaffary joined CBS News to talk about the new offer.
Solar storms can dazzle, bringing displays of the northern lights to large parts of the globe. But geomagnetic storms can also affect electronic systems.
Scientists who study such things have found that cicadas urinate in a jet stream because they consume an incredible volume of fluid during their brief time above ground.
Solar storms can dazzle, bringing displays of the northern lights to large parts of the globe. But geomagnetic storms can also affect electronic systems.
In 2006, bees across the U.S. started dying rapidly. Now, the U.S. honey bee population is at an all-time high, according to the Census of Agriculture. Clay Bolt, manager of pollinator conservation for the World Wildlife Fund U.S., joins CBS News to explain what happened.
Wildfires are forcing thousands from their homes in Canada after burning more than 13,000 acres so far. Terry Cavaliere, emergency operations director for the Fort Nelson First Nation, joins CBS News with the latest.
Parts of the country saw the aurora borealis on Friday night, and the dazzling show was expected to continue on Saturday night, according to experts.
Florida officials say a "vessel of interest" has been identified in connection with a deadly hit and run that killed a 15-year-old ballerina who was waterskiing over the weekend. Cristian Benevides has the details.
Ippei Mizuhara, the former interpreter of Los Angeles Dodgers player Shohei Ohtani, is expected to enter a not guilty plea Tuesday to bank fraud and tax charges that he allegedly illegally transferred almost $17 million from the baseball star's bank account. However, the not guilty plea is a formality, as federal prosecutors previously announced that Mizuhara will plead guilty at a later date as part of a plea deal. CBS News' Adam Yamaguchi reports.
Ian Cleary had been the subject of an international search since authorities in Pennsylvania issued a 2021 felony warrant in the case.
Investigators made the unusual discovery during probes into suspects who were cultivating marijuana under the cover of managing car wash stations.
French officials say "all means are being used to find" an escaped convict and the heavily armed assailants who attacked the vehicle that had been carrying him to prison.
The large explosion of energy and light from the sun comes just days after Earth was slammed with the biggest geomagnetic storm in more than 20 years.
WASP-193b is 50% larger than Jupiter — the largest planet in our solar system — but seven times less massive because of it's extraordinarily low density.
Millions of Americans looked to the night sky and snapped magical photos and videos of the northern lights this past weekend during the momentous geomagnetic storm.
The oxygen valve that derailed a launch try last week has been replaced, but engineers want more time to verify an unrelated helium leak has been fixed.
The forecasted conditions come after a weekend of jaw-dropping northern lights seen as far south as Florida and as "magnetically complex" sunspots bigger than Earth continue to emit solar flares.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look back at the hallowed career of the indie "B-movie" filmmaker, known for exploitation films, monster flicks, and some bizarre movie posters.
Despite losing three quarters of the blood in her body, Donna Ongsiako was able to help police find the person who almost took her life.
The Francis Scott Key Bridge in Baltimore collapsed early Tuesday, March 26 after a column was struck by a container ship that reportedly lost power, sending vehicles and people into the Patapsco River.
When Tiffiney Crawford was found dead inside her van, authorities believed she might have taken her own life. But could she shoot herself twice in the head with her non-dominant hand?
Google's highly-anticipated, annual developer conference began Tuesday. The event focused mainly on the company's artificial intelligence advancements. Lisa Eadicicco, senior mobile editor for CNET, joins CBS News with highlights.
A bird flu outbreak is affecting several dairy herds across the U.S., and a federal recall is affecting more than 16,000 pounds of ground beef sold in Walmart stores in 11 states due to possible E. coli contamination. Michael Worobey, head of the Department of Ecology and Evolutionary Biology at the University of Arizona, joins CBS News to discuss the state of food safety in the U.S.
The former interpreter for Los Angeles Dodgers star Shohei Ohtani pleaded not guilty to federal charges in court Tuesday as a formality. Ippei Mizuhara has negotiated a plea deal with federal prosecutors and is expected to plead guilty eventually. CBS News correspondent Adam Yamaguchi has more.
At least eight people were killed and 40 injured Tuesday when a bus carrying migrant farm workers crashed in central Florida. CBS News national correspondent Manuel Bojorquez has the latest.
Almost 80 officials who are overseeing elections in seven swing states in 2024 have expressed doubts over the 2020 election results. Caitlin Huey-Burns takes a look at how these officials could impact the election.