Mortgage rates jump to 7-year high, crimping home sales
Monthly payments climb as the average 30-year fixed-rate home loan is now at 4.94 percent, up from 3.9 a year ago
Mortgage Rates
What rising mortgage rates will cost homebuyers
Here's a state-by-state look at how much higher interest costs add to monthly and total mortgage payments
Why the housing market is a "perfect storm" for buyers
Rising home prices, tight inventory and higher mortgage rates are creating a tough market for home buyers?.
Why this summer may be house-hunting hell
It's shaping up to be a tough summer for house hunters, with U.S. home prices rising at fastest rate in 12 years
Where rising interest rates are starting to pinch
Credit card delinquencies, a possible leading indicator, are just one category that's showing the pressure
Ready to buy a home? Lock in your mortgage rate now
With the benchmark 10-year Treasury at a 7-year high, borrowing costs are rising, while home prices also climb
A new woe for a pricey housing market: Higher mortgage rates
A rise in mortgage rates is making it even tougher for homebuyers to find an affordable home amid rising valuations
Pending home sales drop to 3-year low
Rising interest rates and high home prices kept a damper on the rate of Americans signing contracts to buy homes
What do rising interest rates mean for homebuyers?
A strong U.S. economy has interest rates on the move, and even small increases create bigger total mortgage payments
How Fed's trillions in bond holdings could push up rates
Central bank holds $4.5 trillion in bonds, which it likely wants to halve, affecting mortgages and other long-term borrowing
Home prices poised to surge this spring
Prices are surging, thanks to not enough homes for sale and buyers' desire to get ahead of rising interest rates
Existing home sales surge at fastest rate in a decade
Pay gains and rising consumer confidence spur home buying by 3.3 percent in January, despite rise in mortgage lending rates
The housing market could cool off a bit this year
Home prices will still rise, but at a slower pace, and local markets will show a wider diversity of strength or weakness
Buying a home in 2017? Here’s what to expect
Low mortgage rates fueled a real estate boom in 2016, but even as they rise this year, it’s no reason to panic
Home buying indicator signals slowdown in Novembe
Higher mortgage rates push down house contracts, perhaps a warning that robust 2016 real estate sales may flag
Most and least affordable cities for home buyers
Here's where the average salary is more than enough to buy the median-priced home, and where it's not even close
Will 2017 be a good year for the housing market?
CBS News business analyst Jill Schlesinger explains what higher mortgage rates and lower inventory might mean for homebuyers
How the Fed's interest rate hike hits consumers
Even a small increase in the federal funds rate can add up to big bucks on everything from credit cards to mortgages
Higher interest rates shouldn't halt the housing market
Too many other forces, from more first-time buyers to rising incomes to soaring rents, promise to keep home sales strong
How will U.S. home prices fare in 2017?
Home buyers and sellers must factor the prospect of rising interest rates as they consider when to pull the trigger
When's the right time to purchase your first home?
Before you make the leap, CBS News business analyst Jill Schlesinger says "hang on a second" and consider these factors
Home prices rose modestly in July
Shortage of available units and strong gains in Portland, Seattle and Denver fuel advance in 20-city index
Brexit will keep U.S. mortgage rates in the basement
Economists point to a powerful though indirect influence of the chaos in Britain on the cost of borrowing in the U.S.
3 financial upsides to the Brexit fallout
You an investor? A borrower? A frugal traveler? With U.K.'s decision to leave the EU, here's where smart money should look
Housing market loses some steam as year winds down
Contracts to buy previously owned homes decline for a third month in four amid limited supply and rising prices
Voter data Trump claimed China obtained is easy to get in most states
President Trump called China's acquisition of voter information "the largest compromise of election data in history." In 20 states, anyone can get this information with a simple public request.
Live
U.S. finishes 7th straight night of Iran strikes as Strait of Hormuz freezes up
As the U.S. and Iran escalate attacks 140 days into the war, an industry analyst says "nobody is willing to move" through the Strait of Hormuz.
Taylor Farms pulls iceberg lettuce linked to cyclosporiasis outbreak
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Ukrainian drone attacks on Russia kill at least 8, injure over 60
Kyiv's forces are continuing their relentless aerial campaign against energy infrastructure and military targets inside Russia.
Trump threatens Canada with higher tariffs over wildfire smoke
President Trump threatened more tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days.
House panel probing Epstein asked Leon Black about birthday book, their friendship
Billionaire Leon Black, who paid Epstein $158 million for tax advice, was subpoenaed for a second interview with the House Oversight Committee in September.
What to know about Trump's claim that over 250K noncitizens are registered to vote
Homeland Security Secretary Markwayne Mullin sent letters to four states alleging that a combined 250,000 noncitizens were registered to vote. Elections experts caution that could be a significant overcount.
Maps show wildfire smoke forecast, air quality alerts in U.S.
Heavy smoke from several large wildfires blazing in Canada and Minnesota is engulfing large swaths of the Midwest and the U.S. East Coast this week.
Feeding Our Future fraud ring's alleged No. 2 appears in court after Somalia arrest
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
U.S.
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DOJ says it's no longer illegal to download TikTok on federal devices
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
What to know about Trump's claim that over 250K noncitizens are registered to vote
Homeland Security Secretary Markwayne Mullin sent letters to four states alleging that a combined 250,000 noncitizens were registered to vote. Elections experts caution that could be a significant overcount.
2 kidnapped Forest Service workers safe after being zip-tied, held at gunpoint
Two suspects, a father and his adult son who were allegedly armed with guns and knives, have been arrested, authorities said.
Trump threatens Canada with higher tariffs over wildfire smoke
President Trump threatened more tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days.
House panel probing Epstein asked Leon Black about birthday book, their friendship
Billionaire Leon Black, who paid Epstein $158 million for tax advice, was subpoenaed for a second interview with the House Oversight Committee in September.
MoneyWatch
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DOJ says it's no longer illegal to download TikTok on federal devices
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
Taylor Farms pulls iceberg lettuce linked to cyclosporiasis outbreak
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
Boomer wealth transfer will mostly benefit the already rich, report finds
Trillions of wealth passed down by the baby boomers will likely go to younger Americans who are already rich. Here's how much they'll get.
Coca-Cola temporarily halts production of Fairlife milk after cyberattack
A cybersecurity incident has forced Coca-Cola to suspend Fairlife milk production in the U.S. An investigation is underway.
Trump Media to sell faster access to president's Truth Social posts
"Markets already move on Truth Social posts," the company's chief executive said in the Truth API announcement.
Politics
More Politics
DOJ says it's no longer illegal to download TikTok on federal devices
The Justice Department determined this week a federal law banning TikTok from government devices no longer applies to the social video app.
What to know about Trump's claim that over 250K noncitizens are registered to vote
Homeland Security Secretary Markwayne Mullin sent letters to four states alleging that a combined 250,000 noncitizens were registered to vote. Elections experts caution that could be a significant overcount.
Trump threatens Canada with higher tariffs over wildfire smoke
President Trump threatened more tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days.
House panel probing Epstein asked Leon Black about birthday book, their friendship
Billionaire Leon Black, who paid Epstein $158 million for tax advice, was subpoenaed for a second interview with the House Oversight Committee in September.
Voter data Trump claimed China obtained is easy to get in most states
President Trump called China's acquisition of voter information "the largest compromise of election data in history." In 20 states, anyone can get this information with a simple public request.
HealthWatch
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HealthWatch
Lettuce linked to cyclosporiasis outbreak
Lettuce from supplier Taylor Farms was linked to a parasitic disease in an FDA investigation. The FDA advised consumers should avoid shredded iceberg lettuce distributed to Taco Bell locations in Indiana, Kentucky, Michigan, Ohio and West Virginia. Taco Bell said it removed the lettuce, and Taylor Farms voluntarily recalled their impacted product.
Model diagnosed with aggressive cancer after finding lump while shaving
Alison McCullough was in the best shape of her life and preparing for New York Fashion Week when she found a lump under her arm.
Mexican lettuce potential source of parasite
Authorities have traced the cyclosporiasis outbreak to Mexican-grown lettuce delivered to Taco Bell by Taylor Farms. Jonathan Vigliotti reports.
Taylor Farms pulls iceberg lettuce linked to cyclosporiasis outbreak
Taylor Farms said none of its branded salads or kits contain the iceberg lettuce associated with the outbreak.
FDA approves new cholesterol pill
The FDA has approved a new daily cholesterol pill that works differently from popular statins and may deliver better results for some people. Dr. Corey Bradley, a cardiologist at Columbia University's Irving Medical Center, joins "CBS Evening News" to discuss.
World
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Ukrainian drone attacks on Russia kill at least 8, injure over 60
Kyiv's forces are continuing their relentless aerial campaign against energy infrastructure and military targets inside Russia.
Trump threatens Canada with higher tariffs over wildfire smoke
President Trump threatened more tariffs on Canada for wildfires that have blanketed large parts of the Midwest and East Coast in smoke in recent days.
Journalist targeted by Iran says U.K.'s crackdown on IRGC is "the happiest day"
British Iranian journalist Pouria Zeraati was stabbed in what is believed to have been an Iranian state-sponsored attack in 2024.
Strong earthquake hits Mexico-Guatemala border, tsunami alert lifted
The U.S. Geological Survey reported that the earthquake had a magnitude of 7.3 with the epicenter 30 miles southwest of Aquiles Serdan, Mexico.
Brenda Fricker, Oscar winner who played Pigeon Lady in "Home Alone 2," dies
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Entertainment
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Entertainment
"The Odyssey" inspires interest in original poem
Before Christopher Nolan's "The Odyssey," there was Homer's original epic poem. Kelly Olson, graduate chair of the Department of Classical Studies at the University of Western Ontario, joins CBS News to unpack the history of the Greek tale.
Brenda Fricker, Oscar winner who played Pigeon Lady in "Home Alone 2," dies
Brenda Fricker won an Academy Award for 1989's "My Left Foot," played the Pigeon Lady in "Home Alone 2" and appeared in "A Time to Kill" and "So I Married an Axe Murderer."
Stars of "The Odyssey" preview film
Anne Hathaway and Matt Damon, who star in "The Odyssey," speak to "CBS Mornings" about the movie, the challenges they faced during filming and working with Oscar-winning director Christopher Nolan.
From the archives: Pat Oliphant and the art of political cartoons
Pulitzer Prize-winning cartoonist Pat Oliphant, whose acidic drawings skewering political figures were syndicated in as many as 500 publications around the world, died on July 13, 2026 at age 90. In this April 16, 2000 "Sunday Morning" story, Oliphant talked with Morley Safer about caricature, censorship, and the influence of the first great political cartoonist, 19th century French master Honoré Daumier, whose grotesque drawings of King Louis Philippe led to a curtailment of press freedom in France in 1835.
George Santos to try hand as contestant in grueling TV reality show
George Santos has worn many hats: swindler, congressman, prison inmate, podcast host. The obvious next gig? Reality TV show contestant.
Technology
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Technology
Erin Brockovich on data center regulation
New York is now the first state to temporarily ban data center construction, paving the way for others to follow suit. Environmental advocate Erin Brockovich joins "The Takeout" to discuss.
Mayor to homeowner losing sleep over data center plant: "Consider selling"
Noise from a Mississippi plant powering Elon Musk's xAI data centers in the area is causing migraines, ringing ears and sleepless nights, residents say.
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.
Mississippi residents decry data center plant
Residents of Southaven, Mississippi, are sounding off about a data center plant powering Elon Musk's xAI data centers in the area, likening the constant noise to being tortured.
Meta announces new safety features
Meta announced it is introducing new features to help protect teens using Instagram, Facebook and WhatsApp, including alerting a parent if their child discusses self-harm with one of its AI chatbots. Kelly O'Grady explains.
Science
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Science
Wildfire smoke continues to shroud U.S.
Millions of people are enduring dangerous air quality as Canadian wildfire smoke shrouds the skies. Jonathan Overpeck, dean of the School for Environment and Sustainability at the University of Michigan, explains how climate change is worsening wildfires.
How AI data centers impact the environment
New York has become the first state to impose a temporary moratorium on data center development while state lawmakers lay the groundwork to assess environmental and social impacts. Dr. Mike Weinstein, the director of sustainability at Southern New Hampshire University, explains what we know about the wider environmental impact data centers.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomer's name deciphered from ancient Mayan ruins for first time
The name "White-chested Fox" was found in drawings dating from 400 BC to 900 AD at the San Bartolo-Xultun archaeological site.
Disclosure Foundation head on new UFO files
The Pentagon on Friday released a new batch of UFO files, spanning 19 videos and more. Jordan Flowers, executive director of the Disclosure Foundation, joins CBS News to discuss.
Crime
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Feeding Our Future fraud ring's alleged No. 2 appears in court after Somalia arrest
Forty-two-year-old Abdikerm Eidleh appeared in federal court in St. Paul on Friday, just weeks after he was arrested in Mogadishu.
Agent in ME shooting has violent record: AP
The ICE officer who shot and killed a Maine man has a history of violent behavior, the Associated Press reports, citing interviews with family and court records. CBS News' Camilo Montoya-Galvez has the latest.
"Master yachtsman" fugitive captured on boat after 21 years on the run
Ronald L. Fischer, who was featured on "America's Most Wanted," fled Rhode Island during his criminal trial for first-degree sexual assault in 2005.
Journalist known as "The Jaguar" shot dead in Mexico
The state government condemned the murder of Josue Martinez, and called on prosecutors to launch a probe in order to find those responsible.
U.S. designates cartel on Texas border as foreign terrorist organization
The Juárez Cartel and Los Viagras joined six other Mexican criminal organizations that the U.S. considers terrorist groups.
Space
More Space
Meteorite that hit home contains "alien world chemistry," experts say
When scientists examined the preserved fragments of a meteorite that crashed in 2024, they found brine-like fluids and key molecules.
Russian Soyuz rocket launches fresh crew to space station
The new crew will replace three other Soyuz fliers wrapping up a 240-day stay aboard the International Space Station.
Astronomers discover sugar in space that's also found in raspberries
The sugar, called erythrulose, lurks in what's called the interstellar medium: thin clouds of gas and dust littered between stars.
Telescope spots most distant quasars ever discovered
Quasars — the brightest objects in the universe — are powered by supermassive black holes at the heart of early galaxies.
Mission launched to rescue a falling space telescope
Katalyst Space's LINK spacecraft is designed to capture and boost NASA's Swift observatory back to a safe altitude.
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.
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.
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.
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?
Timeline: The disappearance of George Smith
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Latest CBS News Videos
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Latest CBS News Videos
White House repeats Trump's election claims
President Trump rehashed old talking points about election security, claiming without evidence that China interfered in the 2020 election during a primetime address. A day later, Homeland Security Secretary Markwayne Mullin announced an election security crackdown.
Lettuce linked to cyclosporiasis outbreak
Lettuce from supplier Taylor Farms was linked to a parasitic disease in an FDA investigation. The FDA advised consumers should avoid shredded iceberg lettuce distributed to Taco Bell locations in Indiana, Kentucky, Michigan, Ohio and West Virginia. Taco Bell said it removed the lettuce, and Taylor Farms voluntarily recalled their impacted product.
Smoke blankets Northeast; Texas sees flooding
Smoke from Canadian wildfires still shrouds huge swathes of the U.S., from the Great Lakes region to the Mid-Atlantic. Down south, torrential rain brought flooding to Texas Hill Country. Plus, a look at the air quality forecast.
"The Odyssey" inspires interest in original poem
Before Christopher Nolan's "The Odyssey," there was Homer's original epic poem. Kelly Olson, graduate chair of the Department of Classical Studies at the University of Western Ontario, joins CBS News to unpack the history of the Greek tale.
Darline Graham considering Senate campaign
President Trump urged late Senator Lindsey Graham's sister, Darline, who is temporarily replacing him in Congress, to run for his seat in South Carolina's upcoming special election. Fin Gómez reports.