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.
Trump pauses Project Freedom in Strait of Hormuz to see if Iran deal can be struck
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
Trump largely succeeds in upending Indiana state Senate over redistricting
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Live
U.S.-Iran ceasefire holds for now, Hegseth says, as Trump looks to finalize deal
Hegseth said the ceasefire with Iran "certainly holds" for now after a naval clash between Iranian and U.S. forces and renewed attacks on the UAE.
Vivek Ramaswamy projected to win Ohio GOP nomination for governor
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
Exclusive
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
Ohio Senate race set between Jon Husted, Sherrod Brown
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
To avoid risk of mines, Navy directs ships on path farther from Iran
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Hantavirus possibly transmitted human to human on stricken cruise ship, WHO says
Passengers aboard the ship are in good spirits but may have to quarantine for "eight weeks," a World Health Organization official told CBS News.
U.S.
More U.S.
Manhunt on for retired special forces soldier accused of shooting wife
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
To avoid risk of mines, Navy directs ships on path farther from Iran
The U.S. warns that transiting the normal route could be "extremely hazardous" because of mines laid in the Strait of Hormuz by Iran.
Exclusive
Homan: "Things weren't perfect" in Minneapolis, but ICE not backing down
Border czar Tom Homan conceded "things weren't perfect" during the crackdown in Minneapolis, but stressed that the administration is not backing down from its mass deportation effort.
EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
Exclusive
In Lynette Hooker probe, Coast Guard seeks info about mystery sailboat
The U.S. Coast Guard is trying to find the owners of a sailboat that may have been moored next to Lynette Hooker's vessel the night she disappeared in the Bahamas, marking a new development in the search for the missing Michigan woman.
MoneyWatch
More MoneyWatch
EEOC sues New York Times, alleging bias against White male worker
Employment watchdog accuses the New York Times of violating federal law by passing over a White male journalist for a job.
Meta trained its AI on copyrighted work, new lawsuit alleges
The lawsuit claims that Meta's Llama is generating summaries — and, in some cases, verbatim copies — of original works.
Delta ending food and beverage service on shorter flights
Routes that are under a certain distance will no longer offer food and beverage service, the airline said.
Utz potato chips sold nationwide recalled over salmonella risk
Utz Quality Foods is recalling some of its Zapp's and Dirty brand potato chips because an ingredient may be contaminated by salmonella.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Politics
More Politics
Republican Derek Merrin projected to win Ohio's 9th District primary
Derek Merrin won the GOP primary in Ohio's 9th Congressional District on Tuesday, setting up a rematch against longtime Democratic Rep. Marcy Kaptur in what's expected to be one of the most contested House races of the year.
3 killed in U.S. strike on suspected drug boat in eastern Pacific, Pentagon says
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
Trump largely succeeds in upending Indiana state Senate over redistricting
President Trump had backed challengers to Indiana state senators who voted against his redistricting plan — and on Tuesday, most of them won.
Vivek Ramaswamy projected to win Ohio GOP nomination for governor
Vivek Ramswamy will face Democrat Amy Acton, a former Ohio Department of Public Health director, in November.
Ohio Senate race set between Jon Husted, Sherrod Brown
CBS News projected that former Sen. Sherrod Brown won the Democratic primary, while incumbent Sen. Jon Husted ran unopposed.
HealthWatch
More HealthWatch
HealthWatch
What we know about cruise hantavirus outbreak
A rare form of hantavirus is believed to have spread person-to-person on board a cruise ship. Three people are dead, four more are ill and nearly 150 others are stranded aboard the ship, where they will stay potentially for months until they are cleared to leave. Tom Hanson has more.
How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
UnitedHealthcare to cut prior authorization for 30% of treatments
The largest U.S. health insurer said it will eliminate approval requirements for some treatments, including select outpatient surgeries and other procedures.
Latest on apparent hantavirus cruise outbreak
A suspected outbreak of hantavirus on a cruise ship has killed three people, officials say. Tom Hanson reports.
Alito temporarily restores FDA rule allowing abortion pill to be sent by mail
A federal appeals court blocked a FDA rule that allowed the abortion pill mifepristone to be dispensed through the mail.
World
More World
3 killed in U.S. strike on suspected drug boat in eastern Pacific, Pentagon says
The attack came a day after U.S. forces struck an alleged drug boat in the Caribbean Sea, killing two people.
Trump pauses Project Freedom in Strait of Hormuz to see if Iran deal can be struck
President Trump said Tuesday he has paused Project Freedom, a U.S. effort to guide commercial ships through the Strait of Hormuz.
How hantavirus may have spread aboard a cruise ship
A suspected hantavirus outbreak on the MV Hondius cruise ship has killed three people and sickened at least four others, officials said.
Amsterdam bans advertising for meat and fossil fuels in public places
The city, known for its tolerance of some drugs and sex work, no longer allows ads for airlines, cruises, beef, chicken, pork or fish products.
U.K. counter-terror police investigate arson at former synagogue
Keir Starmer warned Tuesday that there would be "consequences" if Iran is proven to be behind a recent series of antisemitic attacks in the capital.
Entertainment
More Entertainment
Entertainment
Tony Awards nominations breakdown
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
Douglas Stuart reads "John of John" excerpt
Oprah Winfrey selected "John of John" by award-winning author Douglas Stuart, known for "Shuggie Bain," as her latest book club pick. Watch the author, Douglas Stuart, read an excerpt from his novel that Winfrey calls " a complex and compelling tale that ultimately showcases the transformational power of love."
Details from the Met Gala red carpet
CBS News' Adriana Diaz and contributor Lauren Sherman join CBS News 24/7 to share details from the 2026 Met Gala.
Breaking down the 2026 Tony Awards nominees
The nominees for the 79th annual Tony Awards, which air on CBS on June 7, were revealed on Tuesday. CBS News New York's Dave Carlin joins with more.
Zac Posen on Kendall Jenner's Met Gala look
GAP Inc. executive vice president and creative director Zac Posen discusses designing model Kendall Jenner's dress for this year's Met Gala. He also dives into other looks that stood out at the annual event.
Technology
More Technology
Technology
OpenAI co-founder's diary surfaces in Musk trial
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
Coinbase to lay off 700 workers as crypto company embraces AI
"This is a new way of working, and we need to leverage AI across every facet of our jobs," CEO Brian Armstrong said in a letter to employees.
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.
Pennsylvania suing Character AI, claims chatbot posed as medical professional
A Character AI chatbot falsely claimed to be a licensed psychiatrist in Pennsylvania and provided an invalid license number, the state alleged.
GameStop offers to buy eBay for $55.5 billion, threatens hostile bid
EBay said on Monday that it will "carefully review" GameStop's unsolicited $ 125-per-share takeover offer.
Science
More Science
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Bill Nye on the Artemis II moon mission
Bill Nye The Science Guy, the chief ambassador of The Planetary Society, joins CBS News 24/7 Mornings with more after meeting the Artemis II crew in person after their successful mission around the moon.
Trump administration fires board overseeing National Science Foundation
The Trump administration has fired all 22 current members of an independent board that oversees the National Science Foundation, one dismissed member says.
AI used to reveal face of victim fleeing Mount Vesuvius eruption
Archaeologists found the victim holding a terracotta mortar, which they interpret as an improvised attempt to shield his head.
In a first, endangered orangutan seen using canopy bridge to cross road
Rapid development has been shrinking the jungle habitat of the critically endangered species, and fatal conflicts with people have been increasing.
Crime
More Crime
Crime
Antisemitic graffiti found across NYC
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
Manhunt underway for former soldier
In northern Tennessee, a retired Special Forces soldier is accused of shooting his wife and then using his training to disappear into the woods. Nicole Valdes reports.
Manhunt on for retired special forces soldier accused of shooting wife
Authorities say Craig Berry, a retired special forces soldier, shot his wife and then fled into the woods in northern Tennessee.
Tanner Horner sentenced to death in murder of 7-year-old Athena Strand
A Tarrant County jury sentenced Tanner Horner to death for the 2022 kidnapping and murder of 7-year-old Athena Strand.
2 killed in Texas shopping center shooting
Police gave an update Tuesday on a shooting at a Dallas-area shopping center that killed two people. The suspect is in custody, authorities said.
Space
More Space
Mysterious world beyond Pluto may have atmosphere, study says
If confirmed, the rock would become just the second world past Neptune in our solar system to host an atmosphere.
Artemis crew surprises 5-year-old aspiring astronaut with special gift
The Artemis II team gained a new member, and the crew made sure their youngest teammate had the right stuff for space.
Artemis II crew reveals what snack they ate right after splashdown
The Artemis II astronauts said they actually really enjoyed the space food, but it was a familiar candy they enjoyed after splashing down in the Pacific Ocean.
Artemis II astronauts talk mission toilet troubles: "We made do"
The plumbing issues aboard the Orion capsule became headline news in the early days of the historic Artemis II mission.
Only on CBS
Artemis crew tells kids moon flight was "the best roller coaster ride"
The Artemis II astronauts joined "CBS Mornings" for a live town hall where they took questions from kids just weeks after returning from their historic moon mission.
Latest Galleries
More Latest Galleries
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
More Latest CBS News Videos
Latest CBS News Videos
Antisemitic graffiti found across NYC
An investigation is underway in New York City after multiple locations were vandalized with antisemitic graffiti. CBS News' Jared Ochacher reports from Queens.
OpenAI co-founder's diary surfaces in Musk trial
The high-stakes trial between Elon Musk and OpenAI now involves testimony about a co-founder's personal diary. Vanity Fair contributor Tom Dotan joins to discuss.
Tony Awards nominations breakdown
"The Lost Boys," starring Shoshana Bean, leads this year's Tony nominations along with "Schmigadoon!" Both opened just weeks ago, and each cinched 12 nods. CBS News New York reporter Dave Carlin has more about the nominees.
5/5: The Takeout with Major Garrett
Rubio says Operation Epic Fury is over; primary day in Indiana and Ohio.
Sister of returning sailor speaks out
The USS Gerald R. Ford, the Navy's largest aircraft carrier, will soon return to the U.S. after the longest deployment since the Vietnam War. Among the returning sailors is Aviation Boatswain's Mate Airman Tiffany Galarza. Her sister, Brianna Caudill, joins "The Daily Report."