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.
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Mortgage rates, though still well below their level a year ago, have edged up since the Iran war erupted. Here's why.
Mortgage rates are rising as bond investors fret that rising oil prices could boost inflation.
A growing number of Americans, squeezed by inflation and elevated interest rates, face the risk of losing their home in foreclosure.
Personal finance site SmartAsset ranked these cities as the best markets for first-time buyers in terms of affordability and other factors.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
Joe Don Bobbitt takes over a role vacated by former chief appraiser Jeff Law, who resigned in September following votes of no confidence from city councils in Keller, Southlake and Colleyville, and from Tarrant County Commissioners.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
North Texas keeps attracting people from all over the county with its jobs and lifestyle. But with higher interest rates, it has cooled the housing market some, even in red-hot North Texas.
According to Freddie Mac, interest rates are at 7.19%.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage in the United States hitting 7.8% Tuesday.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Potential homebuyers are struggling to find homes.
Dozens of churches, nonprofits, and local businesses helped wherever they could.
Our rain chances rise slightly to 20% Sunday, and that will continue into Monday.
Take a closer look at how the flooding unfolded on July 4, 2025, and how the region is rebuilding.
People who live in Kerrville may not turn to outsiders, but they know what inward looks like.
Lawn chairs in hand, hundreds of North Texans used DART's new silver line to get to Addison for the city's big Fourth of July celebration.
Dozens of churches, nonprofits, and local businesses helped wherever they could.
Our rain chances rise slightly to 20% Sunday, and that will continue into Monday.
CBS Texas partners with the Bob Woodruff Foundation to support and honor America's veterans and support military families.
Take a closer look at how the flooding unfolded on July 4, 2025, and how the region is rebuilding.
People who live in Kerrville may not turn to outsiders, but they know what inward looks like.
Only about 7% of homes in Texas have flood insurance.
Payments for country club dues, luxury jet services, and even a reality show competition are not how you'd expect a community non-profit to use its donations.
An alleged leader of the operation was arrested in Europe and returned to the United States last week.
One year after catastrophic flooding in the Hill Country, Texas has installed new flood warning sirens in some areas, but an I-Team investigation found large parts of the state still lack outdoor warning systems.
Federal officials are warning that one of the world's largest sporting events could bring more than soccer fans.
David Hearn is accused of ripping out a piece of sealant on the bottom of the Reflecting Pool on June 19, U.S. Attorney Jeanine Pirro said.
The gang "has committed numerous attacks targeting civilians, law enforcement officers, and government officials," Secretary of State Marco Rubio said.
The event will take place on Sept. 9 -10 at the American Airlines Center, where President Trump spoke during his first campaign 10 years ago.
Chairman of the Texas Democratic Party, Kendall Scudder, discusses his re-election to a full, four-year term. He tells Jack Fink his thoughts on the Texas Senate race and the overall theme of their recent state party convention. "We've got to stop this limited thinking as Democrats," said Scudder. "We've got to get bigger. We've got to get bolder."
The United States-Mexico-Canada Agreement will remain in effect until it expires in 2036, unless the countries strike another deal to extend it.
Target, which embarked on a turnaround plan under its new CEO earlier this year, reported an increase in first-quarter sales Wednesday.
During the program's first year, it will be offered at about 65 to 75 hospitals that handle about a quarter of births in the state and largely serve low-income patients, Newsom's office said.
Bimbo Bakeries USA employs over 20,000 people and has been headquartered in Horsham, Pennsylvania, for the past 17 years.
This explosion is among several similar incidents across North Texas that raise questions about why hazardous natural gas leaks keep happening
Zoox, owned by Amazon, produces its own autonomous vehicles that it says are built for passengers, not drivers.
Former NFL running back Chris Johnson announced that he was diagnosed with ALS, also known as Lou Gehrig's disease, in a "Good Morning America" interview.
Gallup found that only 49% of Americans were "cost-secure" last year, with concerns about medical bills and prescription costs rising across income groups.
Dr. Peter Stafford was working with a missionary group in the Congo when he came down with the virus last month.
The FDA is moving ahead with a safety study of the abortion pill mifepristone, a senior FDA official confirmed to CBS News, a step that could create a path for the Trump administration to restrict access to the medication.
The head of the World Health Organization says Ebola has killed at least 7 people in Congo, but the U.N. agency says it knows the epidemic "is much larger."
Customers say they've gone to three, sometimes even four stores, to find a specific jersey.
Commercial air service from Collin County will take off in November with a flight to Fort Myers, Florida.
The bank is closing a call center at its Plano campus and laying off 244 workers as part of a consolidation effort.
Mayor Eric Johnson said in an announcement the bank is considering Dallas for a new hub that could bring thousands of jobs to the metroplex.
The city of Plano is on a roll, and Mayor John Muns said the key to the city's successes comes down to customer service.
A confrontation between Egypt's coaching staff and a Dallas police officer at the team's hotel sparked a viral video ahead of a World Cup match.
Egypt and Australia will face off in the round of 32 at Dallas Stadium on Friday afternoon.
The Rangers matched a season high with 17 hits en route to their seventh victory in eight games.
Paige Bueckers is a starter for the second consecutive season, and Jessica Shepherd will appear for the first time.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Taylor Swift and Travis Kelce were married as they celebrated their wedding with hundreds of guests Friday at Madison Square Garden in New York City.
Ticket reseller StubHub abruptly canceled customers' tickets to World Cup matches, costing them thousands of dollars, a lawsuit alleges.
Two elite event designers shared their thoughts on how Taylor Swift's team might transform Madison Square Garden.
Actor Danny Glover spoke about his Alzheimer's diagnosis in an interview with NBC's "Today" show, revealing that he has been living with the disease for several years.
Victor Willis, lead singer of the disco group Village People, whose hit "Y.M.C.A." became a fixture at rallies for President Trump, has died at the age of 74, his wife and the band said.
The Red Bull Flugtag Airshow returned to Las Colinas on Saturday after a 12-year hiatus. Teams are tasked with constructing a flying machine and putting it to the test. It's estimated that around 25,000 people attended the event.
A suspect was taken into custody after an attack on Pearl Street Mall in Boulder on June 1 in which there were 15 people and a dog who were victims. The suspect threw Molotov cocktails that burned some of the victims, who were part of a march for Israeli hostages.
The Neonatal Intensive Care Unit babies at Texas Health locations across North Texas celebrated Valentine's Day.
As Anthony Davis prepared for his debut game at the AAC, Dallas Mavericks fans took to the arena to protest the controversial trade.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
