Are mortgage rates heading back above 7%? Here's what experts think.
Mortgage rates have climbed sharply this year amid mounting concerns about inflation and U.S. debt.
Mortgage Rates
Ex-Trump adviser gives economy a B grade
As the midterms draw closer, mortgage rates have hit a new high for 2026, and gas prices are above $4 per gallon. Former Trump economic adviser Stephen Moore joins "The Takeout" to assess the state of the U.S. economy.
Stocks rebound as some tech companies rally
Wall Street saw a big rebound on Thursday, with the Dow and Nasdaq shooting up more than 600 points. Yahoo Finance senior reporter Brooke DiPalma joins with analysis.
Mortgage rates hit highest level in a year amid inflation fears
Mortgage rates are drifting higher as the Fed's interest rate decision and war in the Middle East fuel inflation concerns.
Dow closes down over 1,000 points
Amid energy price spikes caused by the Iran war and persistently high inflation, the Federal Reserve decided on Wednesday to hold interest rates steady for the fifth straight time. CBS News MoneyWatch correspondent Kelly O'Grady reports.
Congress' housing bill's potential impact
A sweeping bipartisan housing affordability bill is set to go into law at midnight on Friday, without President Trump's signature. The president says his decision not to sign the bill is a protest against lawmakers' failure to pass his package of voting reforms and restrictions. Bruce Marks, founder and CEO of the Neighborhood Assistance Corporation of America, joins "The Daily Report" to discuss.
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 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.
Exclusive
New photos show widespread damage at U.S. positions caused by Iranian attacks
The images were sent to CBS News by active service members under condition of anonymity.
Exclusive
Family blames Texas' "merciless" abortion ban for woman's death, sues Paxton, others
The family of 37-year-old Tierra Walker filed a lawsuit against Texas Attorney General Ken Paxton and others, saying she was denied an abortion that could have saved her life.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Maye Musk says son Elon "just wants to do good" but steps "on a lot of toes"
Maye Musk has described her son Elon as a genius even as a child, and said his efforts have led to insults and unfair treatment from the public.
Fed rate hike is expected today. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Live
White House backs Hegseth as new details come out about Iran war's cost
The Iran war has cost the U.S. military at least $33.4 billion — most of it on munitions — and not including hundreds of millions more spent by other agencies, the Pentagon says.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
Exclusive
Ukrainian president tells CBS News Russia targeted his plane with drones
Ukraine's Volodymyr Zelenskyy says Russia targeted his plane with drones as part of a campaign to intimidate him and other foreign leaders.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
U.S.
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Ross Fire still burning, with over 90,000 acres scorched
The wildfire, which has torn through Palo Pinto and Jack counties, forced evacuations, closed roads and disrupted schools.
Maye Musk says son Elon "just wants to do good" but steps "on a lot of toes"
Maye Musk has described her son Elon as a genius even as a child, and said his efforts have led to insults and unfair treatment from the public.
Amazon raises starting pay to $20 an hour and adds Whole Foods perks
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Charlie Kirk's family blames Utah officials for failing to prevent his murder
The university has faced harsh criticism for a lack of key safety measures on the day of the shooting.
MoneyWatch
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Amazon raises starting pay to $20 an hour and adds Whole Foods perks
Amazon said it is increasing its minimum pay for operations workers by $1 an hour and adding grocery discounts for all U.S. employees.
Own a car? You're getting socked by higher prices, and not only for gas
Car ownership costs have soared 50% since 2020, according to new economic data. Here's where motorists are getting dinged.
OpenAI backs measure that would require independent audits of AI models
Top OpenAI executive endorses plan that would require AI companies to submit their technology to third-party reviews to assess their safety.
Americans' incomes hit a record high in 2025. Now for the bad news.
The typical U.S. household's annual earnings have risen only 2.5% since 2019, new data from the Census Bureau shows.
Fed rate hike expected on Wednesday. See what it means for your money.
The Federal Reserve is likely to raise borrowing costs on Wednesday, and more hikes could be in store, according to economists.
Politics
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Obamas' dog Sunny dies: "A cherished member of our family"
"As far as our family was concerned, she was pretty much perfect," former President Obama wrote about Sunny, who was a 13-year-old Portuguese water dog.
U.S. adds sanctions on South Africa, alleging discrimination against White people
The Trump administration has announced that it will impose travel bans on officials it claims are responsible for discrimination against White people and other minority groups in South Africa.
House votes to limit Trump's power to strike Iran for 3rd time
The previous votes have failed to stop President Trump from waging war with Iran.
Mike Rogers speaks out after skipping Michigan Senate debate
The Republican says the event was a town hall he never committed to and was never on his schedule. He also faulted the moderator, saying you can't hold a "two-on-one event in a TV studio."
DOJ accuses Russian intel agents of plotting to murder U.S.-based dissident
The Justice Department is accusing several members of Russia's intelligence services of running a "global assassination network" that targeted Kremlin critics.
HealthWatch
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How Olympian Aly Raisman learned to advocate for her own health
In the latest episode of "Healthful," Olympic gold medalist Aly Raisman discusses what she's learned about speaking up for herself and taking care of her body.
Investigation
A trusted seal made websites look legit. The weight-loss drug they sold wasn't.
Selling retatrutide commercially is prohibited by federal law. Yet, companies have promoted the drug on social media, thanks in part to being certified by LegitScript.
Outcome of employment lawsuit could promote use of skimpy health plans
A long-running lawsuit challenging what it means to be an employee and therefore have access to work-based health plans is being closely watched by health policy analysts.
Pennsylvania woman dies of measles complications, coroner reports
A 40-year-old woman died on Saturday from complications associated with measles, the coroner reported.
Strange symptom and a "weird" referral led to surprise Stage 4 cancer diagnosis
Kate Ping thought she was just stressed out. A nurse practitioner's surprising recommendation led to a shocking diagnosis.
World
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Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
U.S. adds sanctions on South Africa, alleging discrimination against White people
The Trump administration has announced that it will impose travel bans on officials it claims are responsible for discrimination against White people and other minority groups in South Africa.
War-damaged Gaza building collapses, killing at least 20 people
Health officials in Gaza say a building damaged months ago by an Israeli strike has collapsed, killing people from 6 displaced families who had taken shelter inside.
House votes to limit Trump's power to strike Iran for 3rd time
The previous votes have failed to stop President Trump from waging war with Iran.
Entertainment
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Entertainment
Ed Sheeran speaks out on Macklemore decision
Ed Sheeran spoke out Tuesday after facing backlash for dropping Macklemore from his tour following the rapper's pro-Palestinian statements onstage. Shanelle Kaul reports.
Ed Sheeran breaks silence amid controversy
The rapper Macklemore was bumped from Ed Sheeran's U.S. concert tour for pro-Palestinian comments that some say crossed a line into prejudice. Now, four additional supporting acts have quit in solidarity and the headliner has addressed the controversy. Carter Evans reports.
Ed Sheeran's supporting acts pull out of tour after Macklemore was dropped
Aaron Rowe, Beoga, Lukas Graham and Finneas all released statements Tuesday on Instagram saying they were withdrawing from Ed Sheeran's tour.
Food & Wine unveils list of "Best New Chefs"
Food & Wine reveals its list of "Best New Chefs" this week. One of those talents is Masako Morishita of Perry's Restaurant in Washington, D.C., who joins to discuss her career move from NFL cheerleader to D.C. food icon and share one of her favorite recipes.
Elin Hilderbrand and daughter on latest book
Elin Hilderbrand, who wrote hit summer reads like "The Perfect Couple" and "28 Summers," joins "CBS Mornings" with her daughter Shelby Cunningham to discuss the latest book in their co-written The Academy Series, titled "The Thoroughbreds."
Technology
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Is the U.S. and China's mutual distrust the biggest risk as AI evolves?
Analysts tell CBS News that as the U.S. and China race for AI supremacy, they risk driving all of humanity "off a cliff."
OpenAI chief on tech safety efforts
Chris Lehane, the chief global affairs officer for OpenAI, joins "CBS Mornings" to discuss recent tech leaders' efforts to address AI safety and regulations.
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.
Expert weighs in on AI regulation
Artificial intelligence regulation has become a political flashpoint, with expert whistleblowers, frontier tech CEOs and some bipartisan politicians calling for government oversight. Meanwhile, President Trump has dismissed concerns that AI could threaten humanity. CBS News' Caitlin Huey-Burns reports, and MIT professor and AI activist Max Tegmark shares his thoughts.
Calls to curb AI create unlikely alliances
Democratic Sen. Bernie Sanders and former Trump adviser Steve Bannon joined forces to call for a human-centric approach to artificial intelligence. Puck AI correspondent Ian Krietzberg weighs in on the AI regulation debate.
Science
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Remains of ancient warhorse given honorific burial discovered in Egypt
Archaeologists say they've discovered the remains of a likely ancient Egyptian warhorse given an honorific burial more than 3,000 years ago.
Anthropic CEO says "exponential" growth of AI is a "warning sign"
Artificial intelligence technology is developing at an "exponential" rate, Anthropic CEO Dario Amodei told CBS News, calling the situation a "warning sign" for the industry that requires serious safeguards.
First-ever adult T. rex trackway found in North Dakota
Paleontologists have identified the first known trackway made by a full-grown Tyrannosaurus rex, and the discovery was made in the North Dakota badlands.
Ig Nobel prizes go to scientists studying cockroach milk, nose-blowing, more
Ten research teams were honored at a satirical science awards ceremony that was hosted outside the U.S. for the first time due to travel concerns. A study of cockroach milk was among the winners.
Vote on the fattest marmot now
Marmots, not bears, are the largest "true" hibernating mammal, UCLA marmot researchers Katie Adler and Emily Renkey say. The two share more fun facts about these cute creatures and explain how to vote for the fattest marmot.
Crime
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Crime
Family blames abortion ban for woman's death
Tierra Walker, 37, died of preeclampsia when she was 20 weeks pregnant. Her family filed a lawsuit against Texas Attorney General Ken Paxton and other doctors, alleging that the state's abortion ban led to her death. CBS News' Jericka Duncan reports.
Navy vet's murder solved after suspect who gave DNA dies by suicide
A veteran's 1987 murder has been solved, after the now-deceased suspect's DNA matched evidence at the scene of the killing, authorities said.
Georgia execution delayed for hearing under new law that may reduce sentence
A Georgia judge has put an execution on hold to allow time for a hearing on whether the sentence should be reduced under a new state law that lets victims of abuse have their sentences reconsidered.
Man arrested for alleged ISIS plot
A 21-year-old Pennsylvania man has been arrested for allegedly plotting what could have been a "mass casualty attack" inspired by ISIS, federal officials say. CBS News' Anna Schecter has more.
Investigators believe fireworks triggered wildfire
In Washington state, investigators said they believe illegal fireworks, shot from the back of a pickup truck, sparked a nearly 10,000-acre deadly wildfire earlier this summer. Jason Allen reports.
Space
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NASA launches its Roman Space Telescope to explore the hidden universe
NASA's Roman Space Telescope launched shortly after daybreak from Kennedy Space Center and blazed toward an observation point 1 million miles away.
Roman Space Telescope promises 300-megapixel views of the cosmos
The $4.3 billion telescope is expected to discover tens of thousands of exoplanets while probing the nature of mysterious dark matter and energy.
First on CBS
Trump to honor Artemis II crew with nation's top space medal
President Trump plans to award the Congressional Space Medal of Honor to the crew of NASA's Artemis II mission in a ceremony Aug. 28.
NASA's Swift telescope will plunge toward Earth after rescue mission called off
The mission to save NASA's sinking space telescope has been called off, dooming the telescope to a fiery reentry later this year.
NASA images show 60-foot-wide crater on moon after SpaceX rocket booster crash
A NASA spacecraft circling the moon is providing the sharpest views yet of the crater carved by a crashing SpaceX rocket.
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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.
Dolly Parton: An extraordinary life in pictures
Dolly Parton, the country music legend who became a feminist icon, has died at the age of 80. Here is a look back at her life in pictures.
Investigating the death of designer Sylvie Cachay
Sylvie Cachay was found dead in an overflowing bathtub at the exclusive Soho House in New York City on Dec. 9, 2010. A water leak at the hotel gave away a timeline that may have revealed her killer.
Summer music highlights of 2026
Summer is the time to enjoy live music, indoors and out. Scroll through our gallery of some of 2026's leading musical acts, featuring images by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Photos show celebrations at Obama Presidential Center
The Obama Presidential Center, museum and library opens in Chicago with a star-studded grand opening ceremony and public watch party on Midway Plaisance.
Latest CBS News Videos
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Latest CBS News Videos
Family blames abortion ban for woman's death
Tierra Walker, 37, died of preeclampsia when she was 20 weeks pregnant. Her family filed a lawsuit against Texas Attorney General Ken Paxton and other doctors, alleging that the state's abortion ban led to her death. CBS News' Jericka Duncan reports.
Cancer research funding falls short
A new medical report shows that while less people are dying of cancer, there is a gap in federal research funding. CBS News medical correspondent Dr. Céline Gounder has more.
Kennedy Center's future uncertain
A judge ruled Tuesday that President Trump's name cannot be put back on the Kennedy Center without an act of Congress. In response, Mr. Trump threatened to halt the renovation completely. Weijia Jiang reports.
House votes to limit Trump's war powers
The House voted for a third time to restrict President Trump's power to strike Iran. Meanwhile, GOP Rep. Thomas Massie introduced articles of impeachment against Defense Secretary Pete Hegseth. CBS News' Eleanor Watson reports.
Latest on Trump-Kennedy Center fight
A judge blocked President Trump's name from being added to the Kennedy Center facade again on Tuesday. Later in the day, the institution's board voted to close the venue for renovations. CBS News' Olivia Rinaldi explains.