Rent vs. buy: Which makes more sense in this housing market?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
New data released by the Federal Housing Finance Agency shows U.S. home prices spiked by half a percent in the month of February. Optimal Capital director of portfolio strategy, Frances Stacy, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the reasons behind the surge.
Mortgage rates continue to rise as housing inventory remains scarce. CBS News' Elaine Quijano and Meg Oliver are joined by Akin Oyedele, the deputy editor for investing at Insider.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Americans in their 30s are struggling with mounting debt, surpassing other age groups, and rising interest rates are making it harder to pay the bills. CBS News' Tony Dokoupil and Lilia Luciano are joined by Yahoo Finance reporter Akiko Fujita.
As it continues efforts to combat inflation, the Federal Reserve on Wednesday increased interest rates by a quarter-point. In a statement, the Fed said that further hikes are likely.
Once-hot housing markets are cooling, requiring people to get creative to sell their homes.
Many real estate experts say they expect to see lower housing prices in 2023. CBS News' Tony Dokoupil and Lilia Luciano are joined by Kenny Simpson, mortgage adviser for The Simpson Team, to discuss the market trends.
Jason Lewris, the co-founder and head of Parcl Labs, joins CBS News to share his forecast for the 2023 housing market at the start of the new year.
A growing number of homeowners are considering refinancing as mortgage rates begin to decline. Mike Fratantoni, chief economist at the Mortgage Bankers Association, joins CBS News' Lana Zak and Jim Axelrod to discuss the state of the housing market.
Mortgage rates drop for the fifth week in a row despite the Federal Reserve's recent interest rate hike. BancAlliance President Lori Bettinger joins CBS News Mornings to explain what's spurring the dip.
Jamie Dimon, the CEO of JPMorgan Chase, discusses the economic impact of Russia's war in Ukraine, China loosening its "zero COVID" policy, mortgage rates and more.
Hundreds of thousands of homeowners who bought properties this year owe more than their homes are worth.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
U.S. home sales fell 5.9% in October, and have fallen 28.4% since last year, according to new numbers from the National Association of Realtors. Mark Lehmann, chief executive officer for JMP Securities joined CBS News to discuss the volatile state of the housing market and what potential homebuyers should expect for the near future.
Housing prices have fallen 32% this year, although they remain higher than before the pandemic.
The stock market fell more than 600 points on Wednesday, erasing Tuesday's gains. Managing Director of Wedbush, Dan Ives, joins CBS News to discuss the markets' reaction, the recent fall in demand for mortgages, and tomorrow's Consumer Price Index report.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
Home sales across the country over the last eight months are down as the Federal Reserve raises interest rates. Rising mortgage rates are shrinking the number of people who can get a loan and buy a home. Lilia Luciano takes a look.
The Federal Reserve has taken the aggressive step of raising interest rates by another three-quarters of a percentage point. Jeff Taylor, board member at the Mortgage Bankers Association, and CBS News reporter Sarah Ewall-Wice join anchors Errol Barnett and Lana Zak to discuss what this means for the economy.
Average home loan costs haven't been this high since the U.S. economy was reeling from the Sept. 11 attacks.
The average interest rate on the most popular U.S. home loan has reached its highest level in more than two decades. Danielle Hale, chief economist for realtor.com, discussed how concerned Americans should be, how housing prices are affected and the potential impact of the Federal Reserve's expected interest rate hike next week on the housing market.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Economists predict U.S. home prices could fall by as much as 20% in 2023 as mortgage rates rise. CBS News MoneyWatch reporter Khristopher Brooks breaks down what's driving the expected shift.
Rising mortgage rates are pressuring some prospective homebuyers to put the cash they've saved up for a down payment off to the side. CBS News' Elaine Quijano and Tony Dokoupil speak with James Faris, investment reporter at Insider, about what to do with that hard-earned money.
Judge Aileen Cannon denied numerous claims by Trump's defense attorneys, who asked the case be dismissed, but agreed to strike one paragraph from the indictment.
Vice President of Malawi Dr. Saulos Chilima and his wife were killed when their military plane crashed on the way to a funeral, the government says.
Jurors enter their second day of deliberations in Hunter Biden's gun trial Tuesday.
The U.N.'s International Organisation for Migration says 150 more migrants are missing after the deadly capsize off Yemen's coast.
Four instructors affiliated with Iowa's Cornell College were injured in "a serious incident" while at a public park in China, the college said on Monday.
The plan would help some unauthorized immigrants who are married to American citizens, according to several sources.
Two children and four women were killed and two men survived because they hid on the roof, officials said.
Jose Uribe, an insurance broker who is the prosecution's star witness, has detailed how he says he bribed Sen. Bob Menendez and his wife.
U.S. Senator John Fetterman and his wife, Gisele, were involved in a two-vehicle crash in Mayland on Sunday.
Schools have breaks spread throughout the year, but none so long as summer vacation. The lengthy break dates back to the 19th century.
Jose Uribe, an insurance broker who is the prosecution's star witness, has detailed how he says he bribed Sen. Bob Menendez and his wife.
Jurors enter their second day of deliberations in Hunter Biden's gun trial Tuesday.
Judge Aileen Cannon denied numerous claims by Trump's defense attorneys, who asked the case be dismissed, but agreed to strike one paragraph from the indictment.
Nearly 150 anti-LGBTQ bills are under consideration across the U.S. Of those, 21 target transgender athletes.
Health regulators says consumers should avoid eating shellfish from two states because they may contain paralytic toxins.
The average yearly cost of homeowners insurance, property taxes and utilities is up nearly $4,000 since 2020.
The Federal Trade Commission and Justice Department will split responsibility for overseeing the rapidly growing AI sector.
Apple CEO Tim Cook announced plans to embed AI and ChatGPT in the company's iPhones and other tech devices.
Chipmaker's revenue more than tripled in latest quarter as demand for its semiconductors — used to power AI applications — has soared over the past year.
Jose Uribe, an insurance broker who is the prosecution's star witness, has detailed how he says he bribed Sen. Bob Menendez and his wife.
Jurors enter their second day of deliberations in Hunter Biden's gun trial Tuesday.
Judge Aileen Cannon denied numerous claims by Trump's defense attorneys, who asked the case be dismissed, but agreed to strike one paragraph from the indictment.
Nearly 150 anti-LGBTQ bills are under consideration across the U.S. Of those, 21 target transgender athletes.
The Democratic National Committee said Monday that it plans to reimburse the federal government for first lady Jill Biden's flights to attend the federal trial of her son, Hunter Biden.
Health regulators says consumers should avoid eating shellfish from two states because they may contain paralytic toxins.
A diet healthy for humans and the planet? A new study explores the potential benefits of the Planetary Health Diet. Here's what to know.
Olympic gymnastics all-around champion Suni Lee shares her longtime journey with eczema, an inflammatory skin condition also known as atopic dermatitis.
Derek Stefureac has reversed the progression of his multiple sclerosis by embracing exercise, doctors said.
The RSV vaccine by GSK was previously approved only for adults 60 and older.
Two children and four women were killed and two men survived because they hid on the roof, officials said.
Vice President of Malawi Dr. Saulos Chilima and his wife were killed when their military plane crashed on the way to a funeral, the government says.
The U.N.'s International Organisation for Migration says 150 more migrants are missing after the deadly capsize off Yemen's coast.
Four instructors affiliated with Iowa's Cornell College were injured in "a serious incident" while at a public park in China, the college said on Monday.
While the Russian exercises aren't considered a threat to the U.S., American ships have been deployed to shadow the Russians, U.S. officials said.
Six-time Grammy Award-winning musician Questlove is out with a new book "Hip-Hop is History" that explores the genre he helped influence.
Legendary actor Dick Van Dyke is 98 and still works out three days a week. He says that's his "secret weapon."
Jonathan Groff discusses on "CBS Mornings" how "Merrily We Roll Along," which is nominated for seven Tony Awards, connects to people's daily lives after it initially was only on Broadway for 16 performances in 1981.
Grammy-winning artist Questlove has been making music professionally for more than 30 years. His new book "Hip-Hop Is History" traces the creative and cultural forces that helped turn hip-hop into what it is today.
Jonathan Groff talks about his role in the Broadway revival of Stephen Sondheim's "Merrily We Roll Along." Groff, who plays composer Frank Shepard alongside co-stars Daniel Radcliffe and Lindsay Mendez, is celebrating his third Tony nomination.
Apple's annual Worldwide Developers Conference is kicking off Monday. The company is expected to announce new software updates with a major focus on artificial intelligence. Bridget Carey, consumer tech reporter for CNET, joined CBS News to discuss the conference.
Apple CEO Tim Cook announced plans to embed AI and ChatGPT in the company's iPhones and other tech devices.
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.
Chipmaker's revenue more than tripled in latest quarter as demand for its semiconductors — used to power AI applications — has soared over the past year.
The sales growth of fully electric vehicles in the U.S. has slowed in the past year, but the sales of hybrid vehicles surged by 53% in 2023. Surveys show Americans are hesitant to go fully electric because of high sticker prices and the lack of reliable charging infrastructure.
Scientists say we need a new standard to explain how heat is harming our bodies. New research shows the threshold may be lower than experts thought. National environmental correspondent David Schechter reports.
How hot is too hot? New research suggests the human body may be more vulnerable to heat than previously thought. CBS News national environmental correspondent David Schechter reports.
The sales growth of fully electric vehicles in the U.S. has slowed in the past year, but the sales of hybrid vehicles surged by 53% in 2023. Surveys show Americans are hesitant to go fully electric because of high sticker prices and the lack of reliable charging infrastructure.
A massive heat dome is currently sulking over California, Texas, and parts of the Southwest. CBS News senior national and environmental correspondent Ben Tracy has more details from Las Vegas, which broke a daily record at 111 degrees Fahrenheit Thursday.
The "Teen Rex" is one of just four young T. rex fossils that have been found on Earth.
Two children and four women were killed and two men survived because they hid on the roof, officials said.
Jose Uribe, an insurance broker who is the prosecution's star witness, has detailed how he says he bribed Sen. Bob Menendez and his wife.
The FBI released its quarterly crime report Monday. The data from Q1 shows overall violent crime fell 15.2% year over year with double-digit percentage decreases across several crime categories, including murder and robbery. Jeff Asher, criminal justice data expert and co-founder of consulting firm AH Datalytics, joins CBS News to unpack the numbers.
Three fans pleaded guilty in the first conviction for racism-related cases in professional soccer in Spain.
The coroner confirmed that human remains were found in the basement, calling the death "highly suspicious."
It was the final flight of Virgin's Unity spaceplane while the company transitions to a more capable spacecraft.
Astronaut Williams Anders died Friday, June 7, 2024, at the age of 90. In this "CBS Sunday Morning" story originally broadcast December 23, 2018, Anders and his fellow crewmates from Apollo 8, James Lovell and Frank Borman, talked with Lee Cowan about becoming the first humans to circle the moon, and of the photograph they brought back: the first image of the Earth above the lunar surface. Dubbed "Earthrise," it showed humanity the beauty and fragility of our home planet, and helped invigorate the environmental movement.
William Anders, who snapped one of the most iconic images of the space age, was killed when his small plane went down off the coast of Washington state.
The Starliner crew had to work around thruster problems and more helium leaks, but pulled off a successful space station docking.
Boeing's Starliner capsule, with a crew of two, docked at the International Space Station Thursday after troubleshooting some technical malfunctions. CBS News space analyst Bill Harwood breaks down how NASA maneuvered through the challenges to achieve the Starliner's next step in space.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographer Ed Spinelli.
The Illinois mom wrote, "If something ever happens to me, please make sure the number one person of interest is Tim." Take a look at the evidence that led to Tim Bliefnick's arrest.
Forrest Fenn hid a treasure somewhere in the Rocky Mountains. Five men died searching for it.
An anonymous letter writer terrorizes a small town, threatening to expose their rumored dark secrets.
Scientists say we need a new standard to explain how heat is harming our bodies. New research shows the threshold may be lower than experts thought. National environmental correspondent David Schechter reports.
The COVID-19 pandemic dislodged the global supply chain, but the vulnerabilities in the system had already been building up for decades. A new book titled "How the World Ran Out of Everything" examines how the health crisis exposed the fragility of a system that was always at risk of collapse. Author Peter Goodman joins to discuss.
How hot is too hot? New research suggests the human body may be more vulnerable to heat than previously thought. CBS News national environmental correspondent David Schechter reports.
CBS News has confirmed the White House is exploring protections for undocumented spouses of U.S. citizens less than a week after President Biden signed an executive order restricting asylum seekers at the southern border. CBS News immigration and politics reporter Camilo Montoya-Galvez has the details.
The European Parliament is the EU's only governing body directly chosen by voters. This past weekend, those voters pulled that body more to the right than ever. Sarah Wheaton, chief policy correspondent for Politico Europe, joins CBS News to look at the gains made by far-right groups across the EU and discuss what it means for the 27-nation bloc.