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.
Watch CBS News
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.
Here's how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.
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.
According to CBS News polling, voter concern about the cost of living drove Democrats to big victories in the 2025 elections. Now, President Trump is defending Republicans' record on affordability and floating new initiatives. CBS News MoneyWatch correspondent Kelly O'Grady joins "The Takeout" with more.
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.
Trump warns Iran to make a deal on his terms "before it is too late," as Israel says it's killed the Iranian commander behind the Strait of Hormuz closure.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
Lawmakers are looking for a way out of the Department of Homeland Security shutdown that has roiled air travel after a potential deal stalled. Follow live updates.
A Trump administration official has made new criminal referrals against New York Attorney General Letitia James to federal prosecutors in Miami and Chicago.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
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.
Population estimates released by U.S. Census Bureau show growth rates slowed sharply in metro areas in 2025, as immigration dropped and hurricanes pushed people out of some Gulf Coast counties.
Rep. Sheila Cherfilus-McCormick of Florida is accused of using part of the $5 million to bolster her campaign and on luxury goods.
As oil prices surge, some experts are urging consumers to take energy-conserving steps like working from home or driving less.
Russia is providing intelligence support to Iran in the Middle East war to "kill Americans," Kaja Kallas said Thursday.
As a searing heat wave slowly expands over the western two-thirds of the U.S., more than 100 daily temperature records are forecast through Sunday.
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
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.
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.
Summer gasoline regulations will be waived for 20 days, and possibly longer to try to ease gas prices.
The Kennedy Center for the Performing Arts, whose board is filled with the president's allies, announced Bill Maher will receive the prize in June.
Justice Department lawyers said in the memo that it was a "regrettable error" to cite the memo in monthslong litigation.
Senate Majority Leader John Thune said Republicans have submitted what their "last and final" offer to end the DHS shutdown. Follow live updates.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The TSA's top official says the situation at U.S. airports could get even worse if the partial government shutdown that has frozen officers' paychecks continues.
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.
Dr. Jay Bhattacharya, head of the National Institutes of Health and interim leader of the Centers for Disease Control and Prevention, told staff a permanent CDC director could be nominated soon. "I know that it has been such a difficult year," he said.
Federal health officials posted a warning about misleading statements by biotech billionaire Dr. Patrick Soon-Shiong about his company's bladder cancer drug Anktiva.
Doctors fear that skepticism, fueled by anti-science sentiment and mistrust, is extending beyond vaccines to other proven, routine care.
Transit Officer Paul DeGeorge thought his son was lying on him. Then he realized something much scarier was happening.
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.
President Trump warned Iran to make a deal on his terms "before it is too late."
Camila Morrone, who stars in the series "Something Very Bad Is Going to Happen," speaks to "CBS Mornings" about the show, what intimidated her about the horror genre, and working with the Duffer brothers.
(Spoilers ahead) "CBS Mornings" reveals shocking details about the latest "Survivor" elimination ceremony.
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.
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
Meta and YouTube were found liable on all charges in a landmark social media addiction trial. CBS News' Jo Ling Kent reports.
After days of deliberation, a jury in Los Angeles found Meta and YouTube liable for creating platforms designed to be addictive for kids and for failing to warn them. The plaintiff was awarded $6 million in damages in the case. Meta and Google, which owns YouTube, both say they'll appeal.
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.
A Los Angeles jury ruled against Meta and Google on Wednesday, finding the companies liable for reports of damage done to young people by social media. That verdict came less than 24 hours after a similar ruling in New Mexico, where a jury found Meta violated state consumer protection law and endangered children. New Mexico attorney general Raúl Torrez joins "The Daily Report" to discuss.
For years, governments have attempted to regulate new, emerging technologies on a global scale. Roland Fryer, a CBS News contributor and author of the Wall Street Journal op-ed "The Economics of Regulating AI," breaks it down.
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.
The staff at a Florida sea turtle hospital is monitoring some animals they've rehabilitated from space -- especially amputees, such as one they named Amelie, who's back at sea.
The seed reveals that people in France have been cultivating the popular variety of grape since at least the 1400s, scientists say.
Researchers in Cambodia surveyed dozens of previously unexplored caves and found several species never seen before, including a pit viper that is still being studied.
The iNaturalist cellphone app not only helps users identify plant, animal and insect species; it also provides invaluable data to scientists studying biodiversity, species decline, and habitat loss. It also provides opportunities for fun: David Pogue joins iNaturalist fan Martha Stewart in a "bioblitz" – a timed competition with other users to spot and ID species.
The New York City Police Department is unveiling its gender-based violence policy and training unit to help survivors and investigate aggressors. CBS News' Anna Schecter reports.
Former Venezuelan President Nicolás Maduro is expected in court today for a hearing where he is expected to seek the dismissal of charges against him. CBS News' Anna Schecter has more.
Deposed Venezuelan leader Nicolás Maduro and his wife are set to appear Thursday in federal court in Manhattan.
The Syrian man has been identified as a terrorist threat by the U.S. for belonging to Iran-backed militant group Hezbollah.
A newly released video shows the police interactions with Taylor Frankie Paul in 2023 that led to charges, including domestic violence in the presence of a child. CBS News Shanelle Kaul has the latest.
As the number of people with cameras on their dashboards and doorbells has grown, so have reports of such sightings.
In an on-going overhaul of NASA's Artemis program, agency officials say it will take seven years to build a sophisticated base on the moon.
NASA's Artemis II rocket is back on the launch pad after repairs inside the massive Vehicle Assembly Building at the Kennedy Space Center. Early next month, NASA will try, for a second time, to send a crew of four on a flyby of the moon. Mark Strassmann has more.
A possible meteorite crashed into a Houston area house on Saturday night, tearing through the roof and two stories of the home, officials said.
Retired NASA astronaut and Air Force Col. Eileen Collins joins "CBS Saturday Morning" to discuss her groundbreaking journey to become the first woman to pilot the Space Shuttle and the first to command a Space Shuttle mission.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
President Trump is commenting on the Iran war at the first Cabinet meeting since the conflict in the Middle East began. CBS News' Olivia Rinaldi reports.
CBS News contributor H. R. McMaster, President Trump's national security adviser during his first presidential term, joins with more details on what may come next for President Trump and the military operations in the Middle East.
More details are emerging about Iran's apparent conditions to stop the war in the Middle East. CBS News' Holly Williams reports.
President Trump held his first Cabinet meeting since the war in Iran began, and he continues to claim that Tehran wants to negotiate with the U.S. Mr. Trump also slammed NATO for its reluctance to join efforts against the regime.
Here are some tips on how to use your 2026 tax refund as the IRS begins paying Americans. CBS News' Jill Schlesinger reports. (Sponsored by AT&T Business)