Home prices reach $387,600 record high, putting a damper on spring
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
Continued demand and lack of inventory are driving up the prices of homes at a time when mortgage rates are also climbing.
The median mortgage payment jumped to a record $2,843 in April, up nearly 13% from a year ago, a new analysis finds.
Inflation is moving sideways, remaining above 3% for the first three months of 2024. Here's how that could impact your finances.
Mortgage rates recently hit their highest levels in more than two decades, pricing many out of the market. Here's what to expect in 2024.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
The average interest rate on a typical mortgage is now 7.49%, worsening the nation's housing affordability crunch.
Mortgage rates have spiked during the Federal Reserve's historic rate-hiking campaign
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
A little-known surcharge set to change on May 1 could impact consumers in different ways.
Buying a home has traditionally been seen as the smarter financial move. But is that still the case?
Beginning May 1, some people with higher credit scores may actually end up paying a higher fee.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Buyers are getting squeezed by higher real estate prices and soaring mortgage rates, which could force more out of the market.
Rising mortgage rates are shrinking the number of people who can afford to get a home loan.
Mortgage rates rose again this week topping 7% for the first time since 2002.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Some housing analysts expect interest rates for conventional home loans to hit double digits by early next year.
Interest rate on a typical 30-year mortgage rate has jumped by more than a quarter-point this week to 6.29%.
The gap between what it costs to rent and own has widened this year amid rising mortgage rates.
But sales of previously occupied homes have slowed sharply amid higher mortgage rates and rising prices.
People looking to buy a home or refinance their current mortgage are in luck. Mortgage rates have dropped again, and financial experts say the coronavirus is one of the reasons why.
Need more evidence that the economy is booming? Mortgage rates just topped 5%.
Is the Obama administration failing the housing market? Maybe.
If you're one of the millions of Americans considering refinancing your home, time may be of the essence to take advantage of new programs being offered by the federal government.
A neighborhood brothel bust has landed three people in jail.
Two people were shot Wednesday afternoon in Opa-locka.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
A Florida man was arrested Monday and charged with making threats against President Biden and other federal officials, the Justice Department said.
A Hollywood resident is upset after video captured a maintenance crew intentionally dumping debris.
A neighborhood brothel bust has landed three people in jail.
Two people were shot Wednesday afternoon in Opa-locka.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
A Florida man was arrested Monday and charged with making threats against President Biden and other federal officials, the Justice Department said.
A Hollywood resident is upset after video captured a maintenance crew intentionally dumping debris.
The American Automobile Association said this is a dangerous time of year for young drivers.
Florida insurance companies made money last year for the first time in seven years.
The U.S. Supreme Court is scheduled Sept. 26 to discuss whether it will hear a First Amendment challenge to a 2021 Florida law that placed restrictions on major social-media companies.
The number of people traveling to Florida during the second quarter of 2023 decreased compared to a year earlier, according to estimates released Wednesday by the state's tourism-marketing agency.
Gov. Ron DeSantis on Monday said Walt Disney Parks and Resorts should drop a federal lawsuit that claims retaliation by the state and accept changes to a special district that long benefited the theme-park giant.
President Biden said, "I feel good," after the White House announced he had tested positive for COVID-19 and was experiencing mild symptoms.
A Florida man was arrested Monday and charged with making threats against President Biden and other federal officials, the Justice Department said.
"He was millimeters away from having his life expunged ... I'm sure the ear doesn't feel well," Eric Trump told "CBS Mornings" co-host Tony Dokoupil.
Former President Donald Trump looked on Tuesday night as his onetime rivals for the nomination lined up to support him.
He is expected to speak at the Republican National Convention in Milwaukee.
Jim DeFede speaks with Mo Saunders, the estranged aunt to Democrat Joe Saunders, who is also running for the same seat.
DeFede said the incident has become an "inflection point" for the country in how we talk about politics.
"I support the chairman's call for an investigation," Rep. Jared Moskowitz, a Democrat from Florida, told CBS News Miami.
Jim DeFede reacts to the assassination attempt on former president Donald Trump during his rally in Pennsylvania.
Jim DeFede interviews Democrat Joe Saunders, who now finds himself with a last-minute challenger, his aunt Maureen Saunders Scott, who is demanding to be on the ballot as Moe Saunders.
Growing share of Americans say they have skipped medical care or getting prescription drugs because of the cost.
Nationwide, the CDC says the COVID virus level in wastewater is now "high" for the first time since last winter.
Tahjana Lewis suffered burns to her chest, arms and legs, according to a recent lawsuit the Connecticut woman filed.
One product contained 16 different metals, with researchers calling for rules requiring manufacturers to test tampons.
The CDC says several states are seeing "consistent increases in COVID-19 activity" this summer.
The best deals of Amazon Prime Day 2024 are still going strong, but don't wait. Many of these deals will sell out.
Glad trash bags and a surprisingly handy bathroom cleaning tool top our readers' list of favorite Amazon Prime Day deals.
Shop remaining deals on Apple's bestselling products as Amazon Prime Day 2024 enters its final hours.
From tumblers, drink wear, ramblers and coolers, here are the best Yeti deals during Amazon Prime Day 2024.
These Amazon Prime Day espresso machine deals will deliver cafe-quality cups of espresso from home.
The American Automobile Association said this is a dangerous time of year for young drivers.
A string of recalls connected to Wisconsin-based supplier Schreiber Foods has now extended to Aldi stores after similar recalls at Hy-Vee and other grocery chains.
There are two sales tax holidays for hurricane supplies
Has mom and dad's bank been open too long at your house?
One consumer reported suffering a dental injury after eating Trader Joe's Chicken, Lentil & Caramelized Onion Pilaf product.
"Big Brother" announced Tuesday the 16 new Houseguests who will move into the "Big Brother" house and, for the first time ever, have the power to vote in a 17th houseguest.
After many people criticized Andress' rendition of the National Anthem online, comparing her with Fergie, the singer says she's going to rehab.
"90210" stars like Jennie Garth and Brian Austin Green paid tribute, and Alyssa Milano commented on her "complicated relationship" with Shannen Doherty.
Shannen Doherty had been battling cancer since 2015.
Colombia coach Néstor Lorenzo was critical of the extended halftime planned for Sunday night's Copa America final to allow a concert by Shakira.