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.
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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.
President Trump said Georgia Republican Rep. Marjorie Taylor Greene is "not AMERICA FIRST or MAGA" and also attacked "60 Minutes" and Paramount in a social media post.
The Supreme Court heard arguments over the president's authority to remove members of many independent agencies that Congress has sought to insulate from political pressure.
Alina Habba served as a personal lawyer to President Trump before she was tapped to temporarily serve as U.S. attorney in New Jersey.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy Warner Bros. in a deal valued at $82.7 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
NBA star Terry Rozier was arrested in Orlando in October during a sweeping FBI crackdown in which 34 defendants were charged across two federal indictments.
Homeownership can feel like a luxury when only a sliver of the country's housing market is affordable for most Americans, Bankrate analyst says.
The Federal Reserve's last meeting of 2025 will determine whether borrowers get more relief on interest rates.
The new financial aid package is expected to shore up the U.S. agricultural sector, which has been hurt by tariffs and a trade war with China.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
Over the weekend, Defense Secretary Pete Hegseth declined to commit to releasing video of a September boat strike operation.
Two companies dominate U.S. dialysis services, and a CBS News review of federal data found one-third of dialysis clinics failed to meet federal standards this year.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
Ex-FBI agents are trying to get their jobs back, claiming they were fired during Trump's second term for their efforts in 2020 to head off a riot in the wake of the killing of George Floyd.
Rep. Jasmine Crockett filed paperwork to run for U.S. Senate just hours before the state's deadline — and hours after fellow Democrat Colin Allred dropped out.
Mixed nuts from Ohio-based Mellace Family Brands sold at some Wegmans stores could be tainted with Salmonella, FDA warns.
The Centers for Disease Control and Prevention's vaccine advisory panel on Friday voted to not recommend the Hepatitis B vaccine for everyone at birth, alarming many in the medical community. CBS News medical contributor Dr. Celine Gounder explains what to know about the decision and its potential impact.
The Trump administration's elevation of Dr. Tracy Beth Høeg to lead a high-profile office within the Food and Drug Administration is raising alarm among multiple senior FDA officials.
California's public health department said one person has died and several others have suffered severe liver damage due to eating toxic mushrooms that were foraged.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
The provision was tucked into the National Defense Authorization Act, an annual defense policy bill that has passed every year for more six decades.
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
Underwater archaeologists announced they had discovered the ancient wreck of an ancient Egyptian pleasure boat off the coast of Alexandria.
A powerful wave dragged a group of swimmers at a popular seawater pool along the coast of the Spanish island of Tenerife. At least four people have died and one is missing.
White House envoys say the Ukraine peace process hinges "on Russia's readiness," but Mr. Trump is once again voicing disappointment with Kyiv.
Paramount Skydance's $30 per share offer comes just days after Netflix agreed to buy parts of Warner Bros. in a deal valued at nearly $83 billion.
The nominations for the 2026 Golden Globes were announced on Monday morning. Here are the nominees.
"CBS Mornings" reveals the nominees for some of the Golden Globe Awards' biggest categories. Plus, Fandango managing editor Erik Davis breaks down the nominations.
President Trump hosted the Kennedy Center Honors on Sunday after presenting medals to the 2025 Kennedy Center honorees during an Oval Office ceremony Saturday.
Elvis Presley biographer Peter Guralnick's latest book traces the relationship between the King and Colonel Tom Parker, a manager whose marketing savvy helped launch a rock 'n' roll revolution.
At least six American families are suing Character.AI, its co-founders and Google over the role its chatbot allegedly played in encouraging their children to take their own lives. Ian Krietzberg, AI correspondent for Puck News, joined CBS News to discuss.
Waymo, the ride-hailing service, says it is planning a voluntary software recall to fix a glitch after reports its self-driving cars don't stop for school buses. The company has already tried to fix the issue, but police in Texas said it didn't work. Kris Van Cleave reports.
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.
Who dresses as St. Nick and speaks an odd brogue? Why, it's Techno Claus, a.k.a. David Pogue! He offers "Sunday Morning" viewers his valuable tips for the gadget lovers on your gift-giving list.
Tilly Norwood is unlike any other aspiring TV or movie star: Tilly is entirely generated by artificial intelligence. What might that mean for the media industry?
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
Kian Sadeghi, the 25-year-old founder and CEO at Nucleus Genomics, tells "CBS Mornings" that parents have every right to select the qualities and traits they desire in their child.
Ant colonies act as one "super-organism" which works to ensure the survival of all, according to a team of scientists.
The discovery could cast some doubt on the status of Lucy's species as the direct ancestor of Homo sapiens.
Wolf DNA seems to have influenced the size, smelling power and even personality of modern dog breeds, scientists said.
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.
One of two suspects has been arrested in the theft of eight artworks by Matisse, as well as five pieces by Brazilian modernist painter Candido Portinari.
It's one of the most common violent crimes in America, but many experts say we don't talk about it enough. Domestic violence is behind the majority of shootings where women are injured or killed. The head of our CBS News Crime and Public Safety Unit, Anna Schecter, takes a closer look at the issue.
NBA star Terry Rozier was arrested in Orlando in October during a sweeping FBI crackdown in which 34 defendants were charged across two federal indictments.
Samples collected from the asteroid Bennu are continuing the shed light on the origins of the solar system and how life developed on Earth, scientists say.
The U.S. Air Force has approved SpaceX's plan to redevelop a historic launch pad at Cape Canaveral. CBS News correspondent Mark Strassmann reports.
Solar flares and other activity can disrupt radio communications, power grids and navigation signals, according to NASA.
Researchers have documented 55 instances of "mini lightning" over two Martian years by eavesdropping on the whirling wind recorded by NASA's Perseverance rover.
The new space station crew includes American Chris Williams, who holds a Ph.D. in astronomy and is a board-certified medical physicist at Harvard Medical School.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
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.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
Luigi Mangione, the man accused of killing UnitedHealthcare CEO Brian Thompson in December 2024, returned to court Monday for a pretrial hearing. CBS News legal contributor Caroline Polisi joins with analysis.
A majority of Supreme Court justices appeared ready on Monday to allow President Trump to fire independent agency members without cause. CBS News chief legal correspondent Jan Crawford explains.
President Trump on Monday announced a $12 billion aid package for U.S. farmers. The news comes as Republican Rep. Marjorie Taylor Greene accuses Mr. Trump of walking away from "America First" policies. CBS News chief White House correspondent Nancy Cordes reports.
Rep. Jasmine Crockett has filed the paperwork to run for Democratic primary for U.S. Senate in Texas, a source tells CBS News Texas. CBS News reporter Shawna Mizelle has more.
Luigi Mangione, charged with murdering UnitedHealthcare CEO Brian Thompson last year in New York City, was back in court Monday as his defense attorneys try to have certain evidence withheld from his upcoming state trial. CBS News legal reporter Katrina Kaufman has more.