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.
Two people who survived a U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
Russia launched a huge attack on Ukraine overnight as the country marked Armed Forces Day on Saturday, Ukraine's air force said.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
Sheikh Mohammed bin Abdulrahman Al Thani told an international conference in the Qatari capital that international mediators, led by the U.S., are working toward the second phase of peace deal.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
Four protesters have been arrested after splattering food on the case of a diamond-encrusted crown at the Tower of London.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
FIFA released the World Cup schedule on Saturday that will feature 104 matches spread across 11 cities in the United States, with three in Mexico and two in Canada.
Michael Annett won the Xfinity Series' season-opening race at Daytona International Speedway in 2019.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The change to the schedule comes shortly after the Trump administration announced new fees for non-resident visitors.
Japanese officials said Jeremy O Harris, known for his Tony-nominated "Slave Play," was arrested on the island of Okinawa on Nov. 16.
"It's very discouraging," said one young job-seeker as employers pull back on hiring entry-level workers.
Minimum wages are set to rise in 22 U.S. states and 66 cities and counties next year, even as the federal baseline wage remains at $7.25.
Federal regulators are investigating multiple Texas incidents in which the robotaxis drove around stopped school buses.
President Trump's claims of a historic multitrillion-dollar investment surge don't match federal data or the administration's own numbers.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
The officials in a joint statement said they made progress on creating a security framework for postwar Ukraine and are urging Russia to commit to peace.
Two people who survived an early September U.S. attack on an alleged drug boat were waving overhead before they were killed in a now-controversial second strike, according to two sources.
The final report this week from the special inspector general for Afghanistan identified $26 billion in waste, fraud, and abuse in U.S. reconstruction spending in Afghanistan since 2009.
The Supreme Court said Friday it will decide the legality of President Trump's executive order that seeks to end birthright citizenship.
President Trump has led the charge to create more GOP-friendly congressional districts in the 2026 midterm elections.
Nardiz Cooke was immediately transfixed by the mask she wore while receiving treatment for late-stage cancer.
The CDC's Advisory Committee on Immunization Practices, with members appointed by RFK Jr., voted to change longstanding recommendations on the hepatitis B vaccine.
A clinical study into weight loss drugs for pets just launched, with results from the trial expected by next summer.
The CDC's vaccine advisory panel meets Thursday and Friday to discuss recommendations for the hepatitis B vaccine and the schedule of childhood shots.
The former officials said the FDA's plans to revamp how certain life-saving vaccines are handled would "disadvantage the people the FDA exists to protect, including millions of Americans at high risk from serious infections."
The Taliban made women's sports illegal in 2021 when the U.S. withdrew from Afghanistan, but it hasn't stopped a group of refugees in Houston determined to forge their own way on the soccer pitch.
Sheikh Mohammed bin Abdulrahman Al Thani told an international conference in the Qatari capital that international mediators, led by the U.S., are working toward the second phase of peace deal.
Maria Corina Machado has been living in hiding in Venezuela since the 2024 presidential election.
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
Four protesters have been arrested after splattering food on the case of a diamond-encrusted crown at the Tower of London.
You may recognize Tim Blake Nelson from "O Brother, Where Art Thou?" and "The Ballad of Buster Scruggs," but his latest book "Superhero" explores what he considers Hollywood's favorite genre.
Netflix is set to buy Warner Bros. in a deal valued at $72 billion, but the announcement has sparked concern among industry workers.
AVTT/PTTN is a collaboration between The Avett Brothers and former "Faith No More" frontman Mike Patton. Their self-titled album AVTT/PTTN is a collection of nine songs that came out in November, and here they are performing "Received."
AVTT/PTTN is a collaboration between The Avett Brothers and former "Faith No More" frontman Mike Patton. Their self-titled album AVTT/PTTN is a collection of nine songs that came out in November, and here they are performing "Dark Night of My Soul."
AVTT/PTTN is a collaboration between The Avett Brothers and former "Faith No More" frontman Mike Patton. Their self-titled album AVTT/PTTN is a collection of nine songs that came out in November, and here they are performing "Eternal Love."
Waymo has released new data showing its robotaxis were involved in 91% fewer serious crashes when compared to human drivers. CBS News' Elizabeth Cook rode along in a Waymo with Politico economic policy reporter Yasmin Khorram to unpack the report.
European regulators said X breached transparency rules under the Digital Services Act, a sweeping EU law intended to protect internet users.
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.
The assassination of conservative activist Charlie Kirk, President Trump's "big, beautiful bill," and the longest government shutdown in U.S. history ranked among Google's top search trends this year.
Leaders in the robotics industry say that to strengthen AI, companies also need a plan for robots. The White House appears to be listening. Yasmin Khorram, economic policy reporter for Politico, joins CBS News to discuss her article on the topic.
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.
Video shows Coast Guard vehicles pursuing a go-fast vessel that appeared to have multiple people aboard.
The man suspected of placing pipe bombs around Washington, D.C., on Jan. 5, 2021, had his first court appearance on Friday after he was arrested Thursday following a five-year manhunt. A judge ordered the suspect to remain in jail pending future hearings.
Over a dozen people were wounded and taken to the hospital, the South African Police Services said in a statement.
The man accused of planting two pipe bombs in Washington, D.C., on the eve of the Jan. 6, 2021, U.S. Capitol riot is facing two federal charges. CBS News' Anna Schecter has more.
Officials in Louisiana say one of two inmates accused of violent crimes was recaptured after an audacious escape.
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.
A retrospective look at the actor, director, producer, and founder of the Sundance Institute.
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 22-year-old woman who says she was born and raised in the United States tells "CBS Saturday Morning" about being chased down the street by U.S. Customs and Border Protection agents as the Trump administration's New Orleans immigration crackdown ramps up.
When a North Carolina bee farm was heavily damaged from Hurricane Helene, the Tepper family — who own the Carolina Panthers — stepped in to help them recover.
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You may recognize Tim Blake Nelson from "O Brother, Where Art Thou?" and "The Ballad of Buster Scruggs," but his latest book "Superhero" explores what he considers Hollywood's favorite genre.
The Christmas tree in Bethlehem is set to be lit for the first time since 2022, since celebrations at Jesus' birthplace were paused for the war in Gaza.