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
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%.
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.
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.
Good news for homeowners looking to refinance
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.
These U.S. metro areas are among the best for first-time homebuyers
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
Trump seeks to take mortgage giants public
President Trump reiterated on Wednesday that his administration is working to take mortgage giants Fannie Mae and Freddie Mac public, but still keep them under U.S. government oversight. CBS News business contributor Javier David breaks down what this would mean.
Young Americans feeling financial strain
Rising home prices and persistent inflation are impacting how millennials and Gen Zers feel financially. CBS News contributor Javier David explains.
Climate change could drive flood of foreclosures, study finds
Extreme weather linked to climate change will likely lead to more Americans losing their homes as foreclosure rates rise, researchers predict.
Mortgage rates climb above 7% after Moody's U.S. debt downgrade
Mortgage rates jumped higher on Monday following Moody's downgrade of U.S. debt, adding to the headwinds facing homebuyers.
Left temporarily homeless by Helene, many struggle to pay their mortgages
About a month after hurricanes Helene and Milton hit the Southeast, nearly 60,000 homeowners fell behind on their mortgages.
Average mortgage rates increasing
The average rate for a standard 30-year fixed mortgage climbed to 6.83% this week. That's up a quarter of a percentage point from the week before and the highest rate in two months. CBS News MoneyWatch correspondent Kelly O'Grady breaks it down.
Fed leaves interest rates unchanged
The Federal Reserve has announced interest rates will remain unchanged for the second time this year. CBS News business analyst Jill Schlesinger and CBS News contributor J.D. Durkin react to the decision.
New data on L.A. mortgage delinquency risks
New data shows that about one in four borrowers in the area of Los Angeles' Palisades Fire are at risk of falling behind on their mortgage payments. Sarah McGregor, Bloomberg News managing editor of the national desk, breaks it down.
Where are mortgage, CD and credit card rates heading in 2025?
The Fed has been pushing down borrowing cuts since September, yet mortgage rates remain close to 7%. Here's what to expect in 2025.
Men detained in El Salvador's notorious prison detail harrowing experiences
Venezuelans spent months in a Salvadoran prison after being sent there by the U.S. Imprisoned men described torture — and research and records back up many of their claims.
1,500 soldiers placed on standby for possible deployment to Minneapolis
A U.S. defense official confirmed some 1,500 active-duty soldiers, currently stationed in Alaska, are on standby for possible deployment to Minneapolis amid the city's protests.
Can Americans trust the investigation into Renee Good's killing?
Senior ICE official Marcos Charles said videos of immigration enforcement in Minneapolis don't tell the entire story. He said officers are acting lawfully and with professionalism.
Europeans reeling from Trump threat to impose tariffs on 8 countries
Europeans were reeling Sunday from President Trump's announcement that eight countries will face a 10% tariff for opposing American control of Greenland.
Minneapolis police chief angered by some of ICE's tactics
After seeing footage of an ICE arrest in Minneapolis, Police Chief Brian O'Hara said that if those federal officers worked for him, "they'd have a problem right now."
Man arrested by ICE in Minneapolis dies in federal custody in Texas
A 36-year-old man who was arrested by U.S. Immigration and Customs Enforcement in Minneapolis died while under the custody of federal law enforcement in Texas on Wednesday, according to the agency.
Trump admin's claims of "reverse discrimination" upend DOJ Civil Rights Division
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
CBS News poll finds more Americans say ICE being too tough
Looking overseas, there is wide opposition to the idea of taking Greenland by force.
High-speed train derailment kills at least 39 in Spain
Emergency services in Andalucia, the province where the accident happened, said at least 25 people were seriously injured.
U.S.
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Man arrested by ICE in Minneapolis dies while in federal agency's custody
A 36-year-old man who was arrested by U.S. Immigration and Customs Enforcement in Minneapolis died while under the custody of federal law enforcement in Texas on Wednesday, according to the agency.
Trump admin's claims of "reverse discrimination" upend DOJ Civil Rights Division
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
Full transcript of "Face the Nation with Margaret Brennan," Jan. 18, 2026
On this "Face the Nation with Margaret Brennan" broadcast, DHS Secretary Kristi Noem and Minneapolis Mayor Jacob Frey join Margaret Brennan.
Minneapolis Mayor Jacob Frey says federal agents are an "occupying force"
Minneapolis Mayor Jacob Frey criticized the administration's immigration operations, calling the surge of federal agents an "occupying force that has quite literally invaded our city."
1,500 soldiers placed on standby for possible deployment to Minneapolis
A U.S. defense official confirmed some 1,500 active-duty soldiers, currently stationed in Alaska, are on standby for possible deployment to Minneapolis amid the city's protests.
MoneyWatch
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Here are the hurdles Trump faces in his push for low interest rates and a friendly Fed
As the president prepares to replace Federal Reserve Chair Jerome Powell, he's made no secret of his goal for lower interest rates — but there are a few political roadblocks in the way.
Education Department delays wage garnishment plan for defaulted student loans
The Trump administration is delaying its plans to withhold pay from student loan borrowers who default on their payments, backing off a measure that threatened to deliver a financial blow to millions of Americans.
Venezuelan oil is coming to the U.S. What will it mean for gas prices?
The Trump administration says it has completed the first sale of Venezuelan oil to the U.S. Will it mean lower prices at the pump?
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Weight loss drugs could save airlines money on fuel as Americans shed pounds
As obesity rates among Americans drop and weight loss drugs lead to a slimmer society, airlines could save on fuel costs, according to a recent analysis.
Politics
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Trump admin's claims of "reverse discrimination" upend DOJ Civil Rights Division
A Trump administration initiative is upending 60 years of efforts by the federal government to prevent discrimination against minority groups in the U.S.
Full transcript of "Face the Nation with Margaret Brennan," Jan. 18, 2026
On this "Face the Nation with Margaret Brennan" broadcast, DHS Secretary Kristi Noem and Minneapolis Mayor Jacob Frey join Margaret Brennan.
Minneapolis Mayor Jacob Frey says federal agents are an "occupying force"
Minneapolis Mayor Jacob Frey criticized the administration's immigration operations, calling the surge of federal agents an "occupying force that has quite literally invaded our city."
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan"
The following is the transcript of an interview with Democratic Sen. Mark Warner of Virginia that aired on "Face the Nation with Margaret Brennan" on Jan. 18, 2026.
1,500 soldiers placed on standby for possible deployment to Minneapolis
A U.S. defense official confirmed some 1,500 active-duty soldiers, currently stationed in Alaska, are on standby for possible deployment to Minneapolis amid the city's protests.
HealthWatch
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HealthWatch
Tylenol not linked to autism, new study shows
A review of studies published in The Lancet found no link between acetaminophen use during pregnancy and autism, contradicting the Trump administration's recent claims.
Woman gets her life back after rare transplant: "Prepared for the worst"
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
Study finds no link between Tylenol and autism
A new analysis of dozens of peer-reviewed medical studies found no link between the use of Tylenol during pregnancy and diagnoses of autism, ADHD or intellectual disabilities in children.
New study: Tylenol in pregnancy is not linked to autism or ADHD
"It's as definitive as we're going to get," CBS News medical contributor Dr. Céline Gounder said of the new research, which found no connection between Tylenol and autism or ADHD.
ACA enrollment ends today in most states, as tax credit fix stalls
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
World
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Man arrested by ICE in Minneapolis dies while in federal agency's custody
A 36-year-old man who was arrested by U.S. Immigration and Customs Enforcement in Minneapolis died while under the custody of federal law enforcement in Texas on Wednesday, according to the agency.
High-speed train derailment kills at least 39 in Spain, police say
Spanish police said Monday that at least 39 people died in a high-speed train collision Sunday in southern Spain and rescue efforts were continuing.
8 police officers killed in Guatemala after prison crackdown on gangs
The killings occurred a day after gang member inmates took 46 people hostage in three prisons across the country, officials said.
Wildfires in Chile kill at least 15 people, force 50,000 to evacuate
President Gabriel Boric declared a state of emergency as nearly 4,000 firefighters battled flames fueled by gusting winds and hot weather.
Transcript: Sen. Mark Warner on "Face the Nation with Margaret Brennan"
The following is the transcript of an interview with Democratic Sen. Mark Warner of Virginia that aired on "Face the Nation with Margaret Brennan" on Jan. 18, 2026.
Entertainment
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Judd Apatow on comic genius Mel Brooks: "Probably the funniest person of all time"
As a young boy, Judd Apatow says he wanted to grow up to be like the director of such classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol: "Mel Brooks: The 99 Year Old Man!"
Judd Apatow on comic genius Mel Brooks
As a young boy, Judd Apatow says he wanted to grow up to be like Mel Brooks, the filmmaker of such comedy classics as "Blazing Saddles" and "Young Frankenstein." Now Apatow has co-directed a two-part HBO Max documentary about his idol, "Mel Brooks: The 99 Year Old Man!" Apatow talks with Tracy Smith about the World War II veteran who broke comedy taboos by lampooning Nazis and racists, and about Brooks' long friendship with another comic legend, Carl Reiner.
Stellan Skarsgård on acting: "It is like being a child … you never grow up"
The Swedish actor has been in 150 films and TV shows, from "Breaking the Waves" and "Mamma Mia!" to "Andor." He talks about his Golden Globe-winning performance in "Sentimental Value," playing a filmmaker-father trying to reconcile with his actress-daughters.
Extended interview: Stellan Skarsgård
In this web exclusive, Swedish actor Stellan Skarsgård discusses his Golden Globe-winning performance in the film "Sentimental Value," in which he plays a director trying to reconnect with his daughter, an actress, by writing a role for her to play. He also talks about the effect of his 2022 stroke, which occurred during production of "Andor" and the "Dune" films, and how he feels he has changed as an actor after more than 150 film and TV credits.
"Sentimental Value" star Stellan Skarsgård
Swedish actor Stellan Skarsgård has been in 150 films and TV shows, from "Breaking the Waves" and "Good Will Hunting," to "Mamma Mia!" and the "Star Wars" series "Andor." He just won a Golden Globe Award for his performance in "Sentimental Value," playing a filmmaker-father trying to reconcile with his estranged actress-daughters. Skarsgård talks with Seth Doane about why he's never bored making films; being a father of eight; and working with the effects of a 2022 stroke.
Technology
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Technology
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Palantir develops app to help ICE: 404 Media
A new investigative report by 404 Media says ICE agents have a new high-tech way to zero in on neighborhoods to raid. The report says it's an app called Elite, powered by Palantir. Joseph Cox, an investigative journalist at 404 Media, discusses his reporting on CBS News.
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.
OpenAI to start testing ads on ChatGPT in the coming weeks
The ads will appear at the bottom of the chat window on the free and low-subscription versions of ChatGPT, OpenAI said Friday in a blog post.
Mother of Musk child sues over deepfake images
Elon Musk is facing a lawsuit from Ashley St. Clair, with whom he shares a child, over deepfakes of her undressed made by his AI chatbot Grok. CBS News legal contributor Jessica Levinson joins with analysis.
Science
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Science
Almanac: January 18
"Sunday Morning" looks back at historical events on this date.
Fossils found at Dinosaur National Monument, first excavation in 100 years
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
Dogs can learn by eavesdropping: study
Have you ever wondered if your dog is eavesdropping on you? A new study published in the Journal of Science found that some dogs are not only listening, but are also learning words. Lead scientist Dr. Shany Dror joins CBS News to discuss.
Fossils found in cave shed light on where our species emerged
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
The history and mystery of kissing
If you rang in the new year with a kiss, you took part in a tradition millions of years in the making. Scientists now say the origins of kissing go back much farther than most think. CBS News' Tina Kraus has more.
Crime
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8 police officers killed in Guatemala after prison crackdown on gangs
The killings occurred a day after gang member inmates took 46 people hostage in three prisons across the country, officials said.
Libyan man in Minnesota for treatment for rare skin condition detained by ICE
Hani Duglof and his brother Mohamad Duklef left Libya more than a decade ago, unable to find relief for a rare condition that threatens to leave their skin torn and blistered at even the slightest provocation.
Will a woman's final moments, caught on tape, help prove she was murdered?
Bruno Rocuba claims a freak accident while handling his gun caused the death of his wife, Melissa Rocuba. He was not arrested or charged with any crime. Years later, investigators uncover disturbing new evidence that challenges what really happened that night in their Pennsylvania bedroom.
Investigators say jealousy was a motive in murder of Texas teen
Matthew Edgar, who claimed to have no memory of how his ex-girlfriend was killed, was convicted of Livye Lewis' murder while on the run from authorities in Texas.
Couple probed for child abuse had more surrogate babies
This past July, police in California raided the home of Guojun Xuan and Silvia Zhang over allegations of possible child abuse. The couple's 21 children, mostly surrogate-born, were taken into state custody as an investigation began. In the months since their arrest and release, the couple has had at least five more surrogate-born babies. The couple is now fighting for custody of all of their children and is suing some of their surrogates in the process. CBS News legal reporter Katrina Kaufman has more.
Space
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Space
NASA's Artemis II mission clears big hurdle
Inch by inch, NASA's Artemis II moon rocket lumbered along its four-mile commute from the Vehicle Assembly Building to launch pad 39-B. Mark Strassmann is at the Kennedy Space Center in Florida with more.
NASA hauls Artemis II moon rocket to launch pad for February flight
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
NASA begins Artemis II rollout to launchpad
NASA is beginning its rollout of its Space Launch System rocket and Orion spacecraft as preparations for the Artemis II mission enter their final stage.
NASA moon rocket ready for trip to launch pad
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
Countdown to new lunar mission
NASA says it could be just weeks away from launching astronauts on a flight around the moon for the first time in more than half a century. Final preparations are underway at Kennedy Space Center in Florida, where the Artemis II moon rocket is expected to roll out to the launch pad on Saturday.
Latest Galleries
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Notable Deaths in 2025
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
Bison returning to parts of North America
After decades of careful land management, bison are returning in small pockets across their historic North American range. Marissa Perlman reports.
Vegas casino turns to electronic table games
Las Vegas' Golden Gate Hotel Casino has removed all of its live dealers, making every table game electronic. That move comes as data from the Las Vegas Convention and Visitors Authority shows the city hosted roughly 7% fewer visitors in 2025 compared to 2024. Andres Gutierrez reports.
At least 21 dead in Spain train crash
A high-speed train derailed and collided with an oncoming train in Spain on Sunday. At least 21 people are dead and more than 100 others are injured, some of them seriously.
Snow, cold temperatures hit Midwest, Northeast
A winter blast brought more snow and frigid temperatures to the Midwest and East Coast this weekend. Shanelle Kaul reports on the conditions and Andrew Kozak has a look at the forecast.
Rough numbers for Trump in new CBS News poll
A new CBS News poll shows only 41% of Americans approve of the job President Trump is doing, but there are wide partisan divides on his handling of specific issues like immigration. Willie James Inman has more.