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.
Watch CBS News
Details are still sparse, but a 50-year loan could meaningfully reshape a housing market where 30 years is the norm.
A New York Times piece published last week takes a look at the hidden costs of downsizing, including higher interest rates and unexpected factors in a changing real estate market. Claire Wolters, the author of the story, joined CBS News to discuss.
Spirit Airlines again filed for bankruptcy protection from its debts only months after emerging from Chapter 11.
There are four metro areas across the U.S. where the median cost for a mansion is less than $1 million.
A recent Harvard University study found the median home price of nearly $400,000 is almost five times the average income, but three times is considered affordable -- a ratio that has skewed sharply since COVID-19. Kelly O'Grady reports.
2025 is shaping up to be the worst year for home sales in U.S. history. Shanelle Kaul reports.
In May, there were 34% more sellers than buyers nationally, according to the real estate company Redfin. That is the highest rate since Redfin started gathering data in 2013. Kelly O'Grady reports.
President Trump said he's "thinking about" eliminating capital gains tax on home sales. Here's what that would mean for the housing market.
The rise in investor home purchases reflects how much the housing market has slowed as traditional buyers are sidelined, according to BatchData.
Real estate giant Compass is suing the digital home-buyer marketplace Zillow over what it's calling the "Zillow ban." James Rodriguez, a real estate reporter for Business Insider, breaks down the dispute.
Real estate company Compass claims Zillow is illegally undermining competition by banning property listings if they don't appear on Zillow within 24 hours.
Home sale prices are at a record high, but buyers are nevertheless paying below sellers' asking prices, research shows.
Home sellers take note: The color of your kitchen and bedroom could boost your home's sale price.
A Maryland real estate company had an extraordinary surprise for its employees at its holiday party this year. Small envelopes revealed that St. John Properties gave its workers $10 million, divided among them. Everyone got a bonus, from maintenance workers to receptionists to vice presidents. The average award was $50,000, and the highest was $270,000, based on how long they'd all been working there. The bonus was for meeting a massive expansion goal.
Luke Burbank talks with Baron Chu, a broker of burial plots, and visits the Hollywood Forever Cemetery in Hollywood, Calif., where pricey chunks of real estate are sold to starry-eyed customers seeking status and a view, from six feet under. (This story originally aired on April 15, 2018)
It's the centerpiece of the largest and most expensive private real estate development in American history: "Vessel," a 150-foot-tall sculpture in the middle of Hudson Yards, a new 16-building complex on the West Side of Manhattan. The honeycombed flight of fancy, made of 154 flights of stairs, was conceived by 49- year-old British designer Thomas Heatherwick, who has put his stamp on some of the most provocative buildings and public projects around the world. Anthony Mason reports.
In 1980, the sights and sounds in Venice Beach, California, were a celebration of sex, exhibitionism, and self-promotion. Morley Safer walked the boardwalk and found a metaphor for America in the parade of short shorts and roller skates.
Bjarke Ingels is young, Danish and the current star of the world's architectural scene, handling over 60 major projects including the Googleplex and Two World Trade Center. Morley Safer reports.
California is still rebuilding after January's deadly wildfires as officials paint a grim picture of the upcoming fire season. Rick Caruso, real estate developer and former Los Angeles mayoral candidate, joins "America Decides" with an update on where recovery efforts stand.
Households earning $75,000 can afford only 1 in 5 for-sale homes, down from half of all listed properties before the pandemic, a new study finds.
First, how empty offices spell trouble for landlords. And, a look at how a neurosurgeon is targeting Alzheimer's and addiction.
Since the pandemic, the monthly rent for a typical apartment around the U.S. has surged almost 30% to $1,858, Zillow data shows.
In Texas, we examine how a shortage of millions of homes for sale is driving up demand and squeezing out families looking to purchase starter homes. And in Massachusetts, we hear from members of the sandwich generation, whose responsibilities taking care of multiple generations of their family have come at a cost to their retirement savings. Watch these stories and more on Eye on America with host Michelle Miller.
Owners of older South Florida condominiums have seen a surge in special assessment fees for safety upgrades in response to a state law passed following the 2021 Surfside partial building collapse.
After a new state law passed following the Surfside condominium collapse in 2021, some say additional costs are turning away buyers. Skyler Henry reports.
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
About 1,500 active-duty soldiers are on standby in Alaska for possible deployment to Minneapolis, a U.S. defense official told CBS News Saturday.
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
John Harbaugh, the 63-year-old former head coach of the Baltimore Ravens, agreed to a 5-year contract to coach Big Blue.
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.
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.
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.
Since October, WestJet had added an extra row of seats to nearly two dozen aircraft.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
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.
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.
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?
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.
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.
Los Angeles County District Attorney Nathan Hochman says that federal agents wrongfully detained a member of his office on Friday.
Gov. Abigail Spanberger will be referred to with traditional formality: "Madam Governor" or, as some officials phrase it, "her excellency."
Mr. Trump previously threatened to impose tariffs against countries that do not support his plans to acquire the territory.
A bipartisan U.S. Congressional delegation's comments in Denmark contrasted with those emanating from the White House.
The country's leader criticized President Trump on Saturday, blaming him for "casualties, damages and accusations" against Iran.
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.
Lacy Cornelius Boyd needed IV nutrition and an ileostomy bag after a devastating car crash. A rare transplant was her only option.
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.
"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.
Some Americans are dropping their Affordable Care Act health plans after tax subsidies lapsed and their premiums spiked.
U.S. Central Command, which oversees U.S. military operations in the Middle East, conducted the strike on Jan. 16, killing Bilal Hasan al-Jasim, authorities said.
Elite mountaineer Jim Morrison, fueled by a promise he made to his deceased partner, ascended and then skied down Mount Everest's treacherous North Face.
The Olympic Winter Games in Milan are scheduled to open on February 6, 2026.
Prime Minister Benjamin Netanyahu's office said in a statement that the Gaza executive committee was "not coordinated with Israel and is contrary to its policy."
The FBI plans to extradite Alejandro Rosales Castillo, 27, who was wanted for the killing of a co-worker in 2016.
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Won't You Speak Your Mind."
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Dandelions."
Whitney formed in Chicago more than a decade ago, gaining popularity for their blend of classic indie and '70s soft rock. Their latest album, "Small Talk," draws on that throwback sound with a modern twist. Here's Whitney performing "Back to the Wind."
Federer played exhibition doubles matches with past champions Andre Agassi and Ash Barty.
In an exclusive interview with "CBS Mornings," Alicia Keys reflects on "Hell's Kitchen's" Broadway run ending after nearly two years of sold-out performances. The musical is inspired by Keys' own experiences and will continue its national tour. She speaks about the decision for it to leave Broadway and how she has found a healthy relationship with success.
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.
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.
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.
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.
Verizon says it's giving a $20 credit to customers affected an outage that disrupted service across the U.S.
The Dinosaur National Monument, which is located on the border between Colorado and Utah, was last excavated in 1924.
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.
Fossilized bones and teeth dating to 773,000 years ago are providing a deeper understanding of the emergence of Homo sapiens.
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.
2025 was the third hottest year on record and pushed Earth past a critical climate change mark, scientists say.
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.
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.
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.
Lawyers for the man accused of killing Turning Point USA founder Charlie Kirk are trying to disqualify one of the prosecutors on the case. CBS News reporter Andres Gutierrez has more.
U.S. Immigration and Customs Enforcement is holding about 73,000 people facing deportation, a new record high, according to data. CBS News' Camilo Montoya-Galvez reports.
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.
Four Artemis II astronauts plan to fly around the moon and back next month, traveling farther from Earth than any humans before them.
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.
Depending on the timing, NASA could launch a fresh crew to the space station while four other astronauts are flying around the moon.
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.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Does the evidence show a cover-up, or was Todd Kendhammer wrongfully convicted for the murder of his wife?
Christy Salters-Martin dominated in the boxing ring but faced her toughest challenger at home.
Family seeks answers in death of newlywed who disappeared in 2005 while on Mediterranean honeymoon cruise.
Meet the tattooed beauty charged in the death of Google executive Forrest Hayes.
For many, a trip to the dentist can be nerve-wracking. This California doctor found a solution with four legs and a tail. Itay Hod has the story.
WestJet reversed its plan to add extra seats to its planes after the idea didn't fly with many passengers. Ali Bauman has the story.
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.
Iran's supreme leader blamed the U.S. for the protests against his regime that resulted in a violent crackdown. Willie James Inman has President Trump's response.
President Trump announced Saturday that he would institute 10% tariffs on eight European countries who oppose his plan to put Greenland under U.S. control. The announcement came after a bipartisan group of congressional lawmakers flew to Denmark to express support for keeping Greenland under Danish control. Ramy Inocencio has more.