Mortgage rates rise as Iran war heightens U.S. inflation fears
Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
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Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
For the first time since 2022, 30-year mortgage rates dropped below 6%. CBS News business analyst Jill Schlesinger explains what it means for home buyers and those looking to refinance.
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
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President Trump signed an executive order this week aimed at boosting the housing market. The goal is to increase the supply of homes available to buy by preventing big investors from purchasing single family homes for the rental market. CBS News business analyst Jill Schlesinger explains.
Mortgage rates have dropped to a three-year low, prompting some homeowners to consider refinancing. CBS News' Megan Cerullo reports.
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
The average cost of a conventional 30-year U.S. mortgage continues to edge down, while rates on other home loans fell to less than 5.5%.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
A new report from Coldwell Banker shows how Americans are arranging some life goals to prioritize buying a home. Aarthi Swaminathan, a MarketWatch personal finance reporter, joins CBS News with more.
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President Trump, in a social media post over the weekend, suggested the idea of a 50-year mortgage. It comes as the average age for a first-time home buyer has climbed to 40 years old. CBS News MoneyWatch correspondent Kelly O'Grady explains how it could impact home ownership.
Some people taking out a home loan and purchasing flood insurance could face delays during the U.S. government shutdown.
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
The government on Wednesday said seasonally adjusted new home sales in August jumped by 20% from the previous month, which was a bigger increase than expected and marks a three year high. CBS News business analyst Jill Schlesinger explains what this means for the housing market.
The Federal Reserve cut rates for the first time in nine months Wednesday by a quarter point. The decision came as recent employment data showed the U.S. job market might be losing steam. Fed Chair Jerome Powell said there could be even more rate cuts coming later this year. CBS News senior business and technology correspondent Jo Ling Kent reports.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
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.
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Democrats say they are considering Republicans' "last and final" offer to end the DHS shutdown. Follow live updates.
President Trump on Thursday extended a pause on striking Iranian energy infrastructure until April 6.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
President Trump announced the extension of the pause "per Iranian government request."
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Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
United Airlines said the pilots saw the helicopter, received a traffic alert and leveled the aircraft.
DOJ plans to turn over voter data it's collecting from states to DHS for use in immigration and criminal investigations, sources say.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
President Trump announced the extension of the pause "per Iranian government request."
United Airlines said the pilots saw the helicopter, received a traffic alert and leveled the aircraft.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Sen. Elizabeth Warren's bill would raise taxes on households worth more than $50 million and on billionaires.
The U.S. Postal Service is raising some postage prices to help offset the federal agency's rising transportation costs as fuel prices surge.
With Social Security's trust fund sliding toward insolvency, one group wants to cap benefits for the wealthiest U.S. couples.
President Trump said he will sign an executive order to restart pay for TSA officers, who have gone more than a month without a full paycheck.
The Treasury Department plans to add President Trump's signature to new U.S. paper currency, a first for a sitting president.
As AI use rises, many see it decreasing the number of jobs available.
President Trump announced the extension of the pause "per Iranian government request."
RNC representatives toured the American Airlines Center last month.
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Transgender women athletes are now excluded from women's events at the Olympics after the IOC agreed to a new eligibility policy on Thursday.
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
Twin mountain gorillas were recently born in the Virunga National Park, renowned for its biodiversity but threatened by conflict.
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Oscar-winning filmmaker Peter Jackson announced on Wednesday that "The Late Show" host Stephen Colbert will co-write the next "Lord of the Rings" movie. "The Late Show" airs its final episode in May.
Major League Baseball's "robot umpire" made its debut in the season-opening New Yankees-San Francisco Giants game in Oracle Park.
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A mother and daughter in Kentucky have turned down a $26 million offer for their land. The offer came from an unnamed tech company wanting to build a data center. CBS News' Jared Ochacher spoke with the family.
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Experts say the rulings could expose tech companies to more litigation and pressure them to make changes to their apps.
Marine biologists found detectable levels of caffeine, cocaine and the over-the-counter painkillers in the blood of 28 sharks.
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The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
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Former Venezuelan President Nicolas Maduro appeared at a New York courthouse on Thursday for a hearing in his drug trafficking case. CBS News legal reporter Katrina Kaufman has the details.
MacDill Air Force Base in Tampa, Florida, is home to U.S. Central Command, U.S. Special Operations Command and the Air Force's Air Mobility Command.
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