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.
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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.
As Trump again postpones his ultimatum to Iran and claims talks are "going very well," Tehran says he's lying and blocks 3 ships in the Strait of Hormuz.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
The full committee will recommend sanctions for Rep. Sheila Cherfilus-McCormick, a Florida Democrat, after the House's April recess.
The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
The FBI executed a search warrant last month at a Fulton County elections office, seeking to take "all physical ballots" from the 2020 vote as well as tapes from vote-tabulating machines, ballot images and voter rolls.
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Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
On Aug. 23, 1990, Cheryl Henry, 22, and her boyfriend Andy Atkinson, 21, were found dead in what has been called the "Lover's Lane Murders."
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Stock market volatility is hitting higher-income Americans, driving a sharper drop in consumer sentiment.
Economists say the conflict in Iran is making a recession more likely, with higher energy prices hitting consumers and businesses.
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The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
The full committee will recommend sanctions for Rep. Sheila Cherfilus-McCormick, a Florida Democrat, after the House's April recess.
The Justice Department has made public millions of pages from its investigation into convicted sex offender Jeffrey Epstein.
The pressure now shifts to the House to end the Department of Homeland Security shutdown that has severely disrupted air travel in some major airports. Follow live updates.
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Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
The Iranian response to the U.S.' 15-point peace proposal is expected on Friday, multiple sources familiar with the matter told CBS News.
Iran-linked cyber criminals accessed FBI Director Kash Patel's personal email account, sources said.
Matvei Rumiantsev was sentenced for the attack which was witnessed on a video call by President Trump's youngest son.
The Trump administration expects Iran's formal response to its 15-point peace proposal today, as Tehran continues blocking the Strait of Hormuz.
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Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
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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.
Here's what to know about peptides, what they can and can't do, and what's driving viral claims about possible health benefits online.
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Matvei Rumiantsev was sentenced for the attack which was witnessed on a video call by President Trump's youngest son.
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Savannah Guthrie is speaking out about her mom's disappearance as she prepares to return to the "Today" show. CBS News' Jonathan Vigliotti reports.
The comet originated in the outer solar system and visits the inner solar system every 5.4 years.
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