Mortgage rates are surging, foiling homebuyers' best-laid plans
Interest rates for a typical home loan jumped Thursday to 6.46%, the highest level since September 2025. House-hunters aren't pleased.
Mortgage Rates
Mortgage rates continue rising
Mortgage rates rose for the fourth week in a row. MarketWatch reporter Andrew Keshner joins CBS News with more.
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.
House hunting? Here's what to know as the spring buying season arrives.
Although home prices remain elevated, conditions are shaping up to be more favorable for buyers this year, experts said.
Iran war hits housing market as mortgage rates rise to 6%
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
This tip can save you tens of thousands of dollars on your mortgage
Mortgage rates have fallen to their lowest level since 2022, and now borrowers can find even lower-cost loans, experts said.
Mortgage rates dip below 6%
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.
Mortgage rates fall below 6% for the first time since 2022
The decline in the average 30-year mortgage rate could be good news for home shoppers as the spring home-buying season gets rolling.
Home prices could dip in 22 U.S. cities next year, report says. See where.
A new report from Realtor.com projects that the housing market will shift in a more buyer-friendly direction in 2026.
How Federal Reserve rates impact your wallet
Here's how changes at the Federal Reserve can matter in your life as President Trump pushes for new leadership.
How the Constitution inspires future leaders
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.
U.S. mortgage rates are dropping
Mortgage rates have dropped to a three-year low, prompting some homeowners to consider refinancing. CBS News' Megan Cerullo reports.
Mortgage rates fall to 3-year low, offering relief for homebuyers
The average interest rate on a typical mortgage dipped to 6.06%, the lowest level since September 2022, according to Freddie Mac.
Mortgage rates fall to their lowest level in 2025
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%.
Foreclosures are surging as U.S. homeowners grapple with rising costs
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
What Trump's 50-year mortgage plan could mean for homebuyers
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
Trends among Americans on buying homes
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.
Trump renews focus on affordability
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.
Trump suggests idea of 50-year mortgage
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.
How will the government shutdown affect people applying for mortgages?
Some people taking out a home loan and purchasing flood insurance could face delays during the U.S. government shutdown.
LendingTree founder and CEO Doug Lebda dies in ATV accident
Doug Lebda died on Sunday in an all-terrain vehicle accident, according to LendingTree.
What's behind the increase in new home sales?
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.
How significant is the Fed's latest rate cut?
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.
More homeowners are pulling their properties off the market. Here's why.
Unable to find buyers, a growing number of sellers are pulling their homes off the market rather than compromise on price.
Housing market shows signs of cooling off
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.
Breaking
Eric Swalwell says he will resign from Congress
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
Live
U.S. imposes military blockade on Iranian ports in the Strait of Hormuz
The price of U.S. crude rose to $104.24 a barrel following the blockade announcement and Brent crude oil, the international standard, rose to $102.29.
Exclusive
Trump won't back down from Pope Leo feud sparked by "60 Minutes" report
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
DHS orders thousands of employees back to work despite shutdown
The Department of Homeland Security has ordered thousands of furloughed employees back to work, even as the agency technically remains shut down and unfunded by Congress.
DOJ fires at least 4 prosecutors involved in FACE Act cases during Biden admin.
Among those fired is Sanjay Patel, a longtime federal prosecutor in the Civil Rights Division's criminal section who was placed on administrative leave last month, sources told CBS News at the time.
Florida teen charged as adult in cruise ship killing of stepsister, DOJ says
The 16-year-old stepbrother of Florida teenager Anna Kepner has been officially been charged as an adult in her killing.
Trump faces backlash over post depicting him like Jesus
The image was deleted from President Trump's Truth Social account after it had received backlash from conservatives and Christians.
Judge dismisses Trump suit against Wall Street Journal over Epstein letter
A federal judge in Miami handed President Trump a defeat in his defamation lawsuit against the Wall Street Journal over a story about a birthday book for Jeffrey Epstein.
Exclusive
Lynette Hooker told friend in 2024 text: "I can't be out there with him"
Two years before her disappearance, Lynette Hooker temporarily split with her husband Brian, telling a friend, "Our marriage lasted 6 weeks cruising," and "It was bad. I can't be out there with him."
U.S.
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Exclusive
Trump won't back down from Pope Leo feud sparked by "60 Minutes" report
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
Breaking
Eric Swalwell says he will resign from Congress
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
DOJ fires at least 4 prosecutors involved in FACE Act cases during Biden admin.
Among those fired is Sanjay Patel, a longtime federal prosecutor in the Civil Rights Division's criminal section who was placed on administrative leave last month, sources told CBS News at the time.
DHS orders thousands of employees back to work despite shutdown
The Department of Homeland Security has ordered thousands of furloughed employees back to work, even as the agency technically remains shut down and unfunded by Congress.
McDonald's to start selling refreshers and crafted sodas nationwide in May
McDonald's is expanding its cold beverage menu and also plans to introduce energy drinks later this year.
MoneyWatch
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McDonald's to start selling refreshers and crafted sodas nationwide in May
McDonald's is expanding its cold beverage menu and also plans to introduce energy drinks later this year.
Beef, that all-American food, is getting harder for Americans to afford
The cost of ground beef in the U.S. has soared in recent years and is forecast to jump even further in 2026. What gives?
Roblox introduces age-based accounts amid child safety concerns
The California-based company said it will assign users ages 5 to 8 to a Roblox Kids account and users ages 9 to 15 to a separate account called Roblox Select.
Stocks rally, oil dips below $100 as investors signal hope about Iran war
Despite start of military operations to intercept ships region, investors still expect U.S. and Iran to find an off-ramp.
Nationwide boom in AI data centers stirs resistance
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Politics
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Exclusive
Trump won't back down from Pope Leo feud sparked by "60 Minutes" report
President Trump told CBS News senior correspondent Norah O'Donnell that Pope Leo is "wrong on the issues" Monday after lashing out at the pontiff late Sunday in a Truth Social post.
Breaking
Eric Swalwell says he will resign from Congress
"I plan to resign my seat in Congress," Democratic Rep. Eric Swalwell said Monday as he faces an expulsion vote.
DOJ fires at least 4 prosecutors involved in FACE Act cases during Biden admin.
Among those fired is Sanjay Patel, a longtime federal prosecutor in the Civil Rights Division's criminal section who was placed on administrative leave last month, sources told CBS News at the time.
DHS orders thousands of employees back to work despite shutdown
The Department of Homeland Security has ordered thousands of furloughed employees back to work, even as the agency technically remains shut down and unfunded by Congress.
Pride flag to be officially restored at Stonewall National Monument
The Trump administration agreed to restore the Stonewall National Monument's Pride flag in Greenwich Village after it was removed.
HealthWatch
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Pennsylvania town faces fallout from Trump's environmental rule rollback
The Trump administration is ratcheting up attacks on environmental protections that Make America Healthy Again followers hold dear.
Fighting for health care claim approvals
Seventy-three percent of Americans say delays and denials of medical treatment by healthcare insurers are a major problem. Now, a company called Sheer Health says they will fight insurance battles on behalf of their clients.
A teen athlete's headache wouldn't stop. It took a year to find a cure.
Jack Alston was used to migraines, but after two concussions in middle school, he was stuck with a headache that wouldn't go away.
Medicaid work rules will stress states' staffing capacity
Some states already don't have enough staff to quickly process Medicaid applications and answer enrollees' phone calls. Researchers say they may not be prepared to handle new Medicaid work rules, predicting people will lose coverage as a result.
Exclusive
2 more drug companies to officially launch on TrumpRx
Two more drug-making giants, Abbvie and Genentech, will start selling popular medications on the White House's discounted pharmaceutical site as soon as Monday.
World
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Colombia to kill dozens of "cocaine hippos" linked to Pablo Escobar
The hippos are the descendants of four brought to the country in the 1980s by notorious drug lord Pablo Escobar as he built a private zoo.
Meet Péter Magyar, the man replacing Viktor Orbán as Hungary's prime minister
President Trump has lost his biggest cheerleader in Europe, but he may find common ground with his new counterpart, Péter Magyar.
U.S. territories brace for powerful super typhoon in western Pacific
Super Typhoon Sinlaku is expected to cross the island chain that includes Guam in the western Pacific Ocean with winds of up to 175 mph.
Knife attack that killed 3 girls could have been prevented, U.K. inquiry finds
The attack sparked nationwide riots and was one of the most shocking acts of violence in recent British history.
Pakistan pushing for Round 2 of "Islamabad Process" after failed Iran talks
A senior Pakistani government source told CBS News that Islamabad is in active contact with Washington and Tehran to bring them back to the negotiating table over the Iran war.
Entertainment
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Entertainment
Inside the creation of "Front Porch Freestyles"
What started off as a simple way to promote music with some impromptu freestyling back in 2017 has turned into a critically acclaimed series showcasing artists big and small. Photojournalist Parrish Smith met the Washington, D.C., artist and crew behind the increasingly popular musical showcase "Front Porch Freestyles."
"Margo's Got Money Troubles" stars on series
Michelle Pfeiffer and Elle Fanning talk with "CBS Mornings" about starring in the new series "Margo's Got Money Troubles." The two discuss what drew them to the project and their characters, and what it's like to work together again.
Britney Spears voluntarily checks into rehab after California DUI arrest in March
Pop star Britney Spears has voluntarily checked into rehab following her DUI arrest in Ventura County in March, a representative for the singer told CBS LA.
4/12: Sunday Morning - The Money Issue
Jane Pauley hosts our annual "Money Issue." Featured: Obstacles to home ownership; fighting health insurance denials; Chinese EVs; opposition to AI data centers; American Girl dolls; skin care mogul Scarlett Johansson; roller coasters; the popularity of bingo!; and is your phone eavesdropping on you?
American Girl: Celebrating girl power
Founded in 1986, American Girl has created dolls, books and accessories that tell the stories of young girls in every American era. On the toy's 40th anniversary, correspondent Faith Salie explores how making history come alive is also creating timeless bonds between generations that celebrate girlhood.
Technology
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Technology
Everyday items born from space exploration
The Artemis II journey around the far side of the moon is a monumental moment for human space exploration, but the mission could also bring back benefits for everyday life here on Earth. Better selfies, comfortable sneakers, basic household appliances and more can all trace their roots straight to NASA. Jarred Hill has a closer look at NASA tech in plain sight.
New warning over AI
Former AI company founder and CEO Matt Shumer joins "CBS Mornings" to break down Anthropic's report about one of its AI models, Claude Mythos Preview. In the report, the company warned the program was "too powerful" to be released to the public and it worried about the program, which is designed to find security flaws in software, falling into the "wrong hands."
How AI powered robots are helping small farms
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.
Sam Altman voices safety concerns
Sam Altman, the CEO of OpenAI, shared a personal blog post and photo of his family saying, "In the hopes that it might dissuade the next person from throwing a Molotov cocktail at our house, no matter what they think of me," following an attack outside his home last week. Altman suggested the incident was connected to the broader debate over AI, saying, "we should deescalate the rhetoric and tactics."
Nationwide boom in AI data centers stirs resistance
To fuel their artificial intelligence initiatives, tech companies are building massive numbers of AI data centers, with more than 4,000 in operation across the country. But some communities, wary of the environmental and financial implications, are fighting back.
Science
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First major forecast for 2026 Atlantic hurricane season is released
Colorado State University has released its annual Atlantic hurricane forecast, predicting 13 named storms and six hurricanes may develop during the 2026 season.
Creature thought to be world's oldest octopus isn't an octopus after all
Scientists have found evidence that a 300-million-year-old sea creature previously thought to be the world's oldest octopus is actually a nautilus relative.
March smashed heat records in several ways, federal data shows
Last month was the hottest March on record for the Lower 48 states, by the most for any month ever, federal data shows. And a forecast El Niño could heat Earth even more.
Emperor penguins listed as endangered species
The emperor penguin has been declared an endangered species as climate change pushes the icon of Antarctica a step closer to extinction, the global authority on threatened wildlife says.
Stunning photos from Artemis II show Earth, moon, eclipse from space
The astronauts aboard Artemis II are the first humans to see some parts of the far side of the moon with the naked eye.
Crime
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Crime
FBI searches home of suspect in Altman attack
FBI agents are searching the home of a man suspected of throwing a Molotov cocktail at OpenAI CEO Sam Altman's home. CBS News chief correspondent Matt Gutman has the latest.
FBI raids home of suspect accused of throwing Molotov cocktail at Sam Altman's house
The 20-year-old suspect is accused of traveling from Spring, Texas, to San Francisco to target OpenAI CEO Sam Altman's home and carry out the attack.
Knife attack that killed 3 girls could have been prevented, U.K. inquiry finds
The attack sparked nationwide riots and was one of the most shocking acts of violence in recent British history.
Swalwell reacts as more allegations emerge
Democratic California Rep. Eric Swalwell is facing more allegations of sexual misconduct. CBS News Sacramento's Julie Watts reports.
Latest on Swalwell amid assault allegations
Campaign colleagues and other lawmakers are calling for California Rep. Eric Swalwell, a Democrat, to step down from Congress as more details emerge about sexual misconduct allegations against him. CBS News' Caitlin Huey-Burns reports.
Space
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Artemis II astronauts welcomed home to Houston after historic moonshot
The Artemis II astronauts flew back to the Johnson Space Center in Houston Saturday to cheers and applause from family members and hundreds of NASA workers.
9 highlights from Artemis II's epic journey around the moon
The Artemis II crew's nine-day moon mission set a record for the farthest any human has ever traveled from Earth. Here's a look at the key moments.
Artemis II crew splashes down to end historic moon mission
NASA's Artemis II astronauts returned to Earth with a splashdown landing in the Pacific Ocean after making a high-speed reentry through the atmosphere.
How an 8-year-old designed a zero-gravity indicator for Artemis II
The development of the mission mascot and viral sensation Rise began over a year before Artemis II blasted off.
As Artemis II heads back to Earth, crew stakes their lives on the heat shield
Despite problems during the unpiloted Artemis I reentry, the Artemis II crew is confident their heat shield will protect them during a fiery descent to Earth.
Latest Galleries
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Notable Deaths in 2026
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Evidence in the Barbara Kendhammer case
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
The life & near death of prizefighter Christy Salters-Martin
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Who is Alix Tichelman?
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
Latest CBS News Videos
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Latest CBS News Videos
U.S. blockade in Strait of Hormuz underway
The U.S. has begun its blockade of Iran's ports in the Strait of Hormuz in an effort to choke off Iranian revenue. CBS News senior White House correspondent Weijia Jiang has the latest.
Swalwell resigning after sexual assault claims
Rep. Eric Swalwell announced Monday he will resign from Congress amid multiple allegations of sexual misconduct. CBS News congressional reporter Taurean Small has the details.
How will U.S. blockade in Strait of Hormuz work?
President Trump says the U.S. military blockade of Iran's ports and the partial blockade of the Strait of Hormuz are underway. Dr. Sumantra Maitra, fellow at the Royal Historical Society, joins CBS News with analysis.
Swalwell suspends California governor bid
Democratic Rep. Eric Swalwell is suspending his bid for California governor as he faces allegations of sexual assault. CBS News California accountability correspondent Julie Watts reports.
FBI searches home of suspect in Altman attack
FBI agents are searching the home of a man suspected of throwing a Molotov cocktail at OpenAI CEO Sam Altman's home. CBS News chief correspondent Matt Gutman has the latest.