Watch CBS News
More and more Americans are seeing their loan applications rejected. The Federal Reserve Bank of New York reported that rejection rates are up for many loans -- including mortgages, auto loans and credit cards. John Vivian, senior director of finance consulting firm Potomac Global Partners, joins CBS News to help make sense of the lending landscape.
Potential homebuyers need to consider the total cost of a home, including mortgage rates, property insurance, property taxes and maintenance.
Some real estate experts say that in the current financial climate, renting a home in the U.S. may be more financially responsible than buying one, due to a variety of factors, including mortgage rates and maintenance costs. Carter Evans has details.
Record-high mortgage rates have made buying a new home unaffordable for many people. But some real estate agents are trying to lock in lower rates with mortgage transfers. Daryl Fairweather, chief economist for Redfin real estate brokerage, joins CBS News discuss.
In Northern California, home prices jumped during the pandemic. Since then, the region has seen some of the steepest price declines in the country.
After 10 straight interest-rate hikes, borrowers face sharply higher costs for credit cards, mortgages and other loans.
Home buyers in many U.S. coastal areas are facing a competitive real estate market, in part thanks to a spiking interest rate. Buyers are being advised to prepare to settle, bring cash offers and close quickly. Carter Evans and Mark Strassman report.
Average interest rate on a typical home loan is edging toward 7%, the highest level in seven months.
According to Redfin, the median home sale price in April was down roughly 4% from last year. That's a decline of nearly $18,000. This follows record-high prices during the pandemic. James Rodriguez, a senior real estate reporter at Insider, joins CBS News to discuss.
Rising mortgage rates are leading to a reduction in homes on the market. Rachel Siegel, an economic policy reporter for The Washington Post, joins CBS News to discuss how this affects the economy.
Nearly one-third of the U.S. has seen a drop in the price of homes for sale since the start of 2023. CBS News' Errol Barnett and Lana Zak are joined by Alcynna Lloyd, economy reporter for Insider, to discuss the trend.
The Federal Reserve increased its key interest rate by a quarter of a point Wednesday, the 10th straight hike since last March. Anita Hamilton, assistant managing editor at Barron's, joined CBS News' Vladimir Duthiers and Anne-Marie Green to discuss the effects of the hikes.
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?
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.
The two sides will appear for a follow-up hearing after a judge ordered the administration to provide her with updates on Kilmar Abrego Garcia's whereabouts.
Former President Joe Biden is set to deliver his first public address since leaving office, speaking at a Chicago conference focused on protecting Social Security.
The man who said his stepmother held him captive for two decades has released his first public statement.
As its trade war with the U.S. widens, China has ordered its airlines to stop accepting Boeing jet deliveries, Bloomberg reports.
President Trump says "we are looking into" how to send Americans to foreign prisons.
A Russian court convicted four journalists of extremism for working for an anti-corruption group founded by late opposition leader Alexei Navalny.
Russia has peppered Ukraine with exploding drones for years. Now, worried about continued U.S. support, Kyiv is putting hope in a new, domestically made drone-killer.
CDC experts were not made available to discuss the findings showing a rise in autism prevalence.
The federal government has frozen $2.2 billion in funding for the Ivy League school.
The IRS says that April 15 is the last day to file for a missed stimulus check, as well as to claim refunds from the 2021 tax year.
The man who said his stepmother held him captive for two decades has released his first public statement.
A federal judge found that the White House likely violated the First Amendment when it restricted the AP's access to press events based on its refusal to use the name Gulf of America.
A female Army Ranger for the first time competed in the annual Best Ranger Competition, finishing the event with her two-soldier team in 14th.
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
The IRS says that April 15 is the last day to file for a missed stimulus check, as well as to claim refunds from the 2021 tax year.
American Airlines said free Wi-Fi will be available to AAdvantage loyalty members through a partnership with AT&T.
Love them or hate them, marshmallow Peeps are inescapable around the Easter holiday.
As its trade war with the U.S. widens, China has ordered its airlines to stop accepting Boeing jet deliveries, Bloomberg reports.
Filing a tax extension is easy. But it's important to know what you're getting into, including what to do if you owe money to the IRS.
A federal judge found that the White House likely violated the First Amendment when it restricted the AP's access to press events based on its refusal to use the name Gulf of America.
The federal government has frozen $2.2 billion in funding for the Ivy League school.
President Trump says "we are looking into" how to send Americans to foreign prisons.
Former President Joe Biden is set to deliver his first public address since leaving office, speaking at a Chicago conference focused on protecting Social Security.
The two sides will appear for a follow-up hearing after a judge ordered the administration to provide her with updates on Kilmar Abrego Garcia's whereabouts.
CDC experts were not made available to discuss the findings showing a rise in autism prevalence.
More than 100,000 Americans need an organ transplant to stay alive, and each day, 17 die waiting. But a CBS News analysis finds one out of five donated organs is being tossed out. Tom Hanson has the story behind that troubling statistic in tonight's "Eye on America."
One of every three donated kidneys never gets transplanted. CBS News explores why a growing number are being discarded.
A new study is projecting how radiation from computed tomography imaging, or CT scans, could lead to future cancers.
Health and Human Services Secretary Robert F. Kennedy Jr. claimed Friday that new research will find the cause of the "autism epidemic" by September. Dr. Peter Marks, the former top vaccines official at the Food and Drug Administration, warns on "Face the Nation with Margaret Brennan" that "giving people false hope is something you should never do."
A Russian court convicted four journalists of extremism for working for an anti-corruption group founded by late opposition leader Alexei Navalny.
One woman died and another was hospitalized in critical condition due to a nitrogen leak from a cold chamber, French investigators said.
Russia has peppered Ukraine with exploding drones for years. Now, worried about continued U.S. support, Kyiv is putting hope in a new, domestically made drone-killer.
A trove of buried treasure that metal detectorists recently discovered in Transylvania once belonged to an ancient people that inhabited the region in modern-day Romania.
Gaza health officials say an Israeli strike on a field hospital killed a medic two days after another attack disabled the enclave's last functioning critical care facility.
In the new Paramount+ documentary "The Carters: Hurts to Love You," Aaron Carter's twin sister, Angel Carter Conrad, and director Soleil Moon Frye reflect on how addiction, mental health struggles and the pressures of fame affected Aaron and Nick Carter and their siblings.
The trial stems from a jewelry heist in October 2016 during which Kim Kardashian was held at gunpoint in her luxury Paris apartment by masked men.
Pop star Katy Perry, one of the six women aboard Blue Origin's spaceflight, explained why she chose not to sing one of her own songs during the historic journey.
Award-winning actor David Oyelowo joins "CBS Mornings" to talk about his latest role in "Government Cheese," where he plays a formerly incarcerated man trying to rebuild his life and reconnect with his family. The show marks his first major comedy role.
Angel Carter, the twin sister of the late Aaron Carter, opened up about her brother's struggles growing up as a child star in a new Paramount+ documentary.
Meta CEO Mark Zuckerberg will take the stand Tuesday in a D.C. courtroom for a second round of testimony in an antitrust trial over his social media company. The federal government alleges the Facebook parent company bought up competing apps to create a monopoly.
Meta CEO Mark Zuckerberg is testifying for a second day in the Federal Trade Commission's antitrust trial against the tech giant. CBS News' Jo Ling Kent has the latest.
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.
"CBS Mornings" co-host Gayle King shares what it felt like to float in space during her Blue Origin flight.
Meta Platforms CEO Mark Zuckerberg took the stand Monday in the Federal Trade Commission's landmark antitrust trial against the tech company. Kenneth Dintzer, a partner at Crowell & Moring and the former senior trial counsel at the Justice Department's antitrust division, joins "CBS Morning News" to discuss.
As the HBO series "The Last of Us" returns, fans wonder: How much of the chilling storyline about a fungal zombie pandemic is rooted in reality?
An internal government document proposes significant changes for the National Oceanic and Atmospheric Administration, hitting its research functions hardest.
Relatively little is known about Denisovans, an extinct group of human cousins that interacted with Neanderthals and Homo sapiens.
Thanks to a mouse watching clips from "The Matrix," scientists have created the largest functional map of a brain to date.
The discovery shows the cultural interaction between the Maya of Tikal and Teotihuacan's elite between 300 and 500 A.D., archaeologists said.
The man who said his stepmother held him captive for two decades has released his first public statement.
The city of Albuquerque, New Mexico, says it needs the National Guard to help local police control crime. The New Mexico governor has declared a state of emergency in Albuquerque, clearing the way for several dozen troops to be deployed there. CBS News correspondent Jason Allen has more.
Jury selection began Tuesday in Harvey Weinstein's retrial in New York after the state's highest court overturned his 2020 rape conviction. CBS News New York reporter Christina Fan has the details.
Authorities detained a man "who played a leading role" in the high-profile murder of crime reporter Peter R. de Vries, prosecutors said.
The suspect tied to a fire at Pennsylvania Governor Josh Shapiro's official residence could be in court as soon as Wednesday. State authorities say 38-year-old Cody Balmer is currently hospitalized for a medical event "not connected to Sunday's incident." Police say Balmer planned to beat Governor Shapiro with a hammer if he found him. CBS News correspondent Shanelle Kaul has more.
Aisha Bowe and Amanda Nguyen talk to "CBS Mornings" about how the Blue Origin spaceflight changed them for the better.
"CBS Mornings" co-host Gayle King, who before her spaceflight admitted that she's a nervous flyer, said she has a new confidence following her journey and revealed if she would do it again.
NASA's James Webb Space Telescope has given astronomers a detailed, never-before-seen look at a dying star.
"CBS Mornings" co-host Gayle King and an all-women crew blasted off from West Texas on a Blue Origin rocket for a roughly 10-minute journey to the edge of space on Monday. King later spoke about what surprised her during the flight. CBS News senior national correspondent Mark Strassmann has more.
"CBS Mornings" co-host Gayle King was among the historic six-women crew for Monday's Blue Origin flight to the edge of space. Mark Strassmann reports on the launch and what it means for space tourism.
Hundreds of thousands took to the streets, in Washington, D.C. and other cities across the United States, in opposition to the policies of Donald Trump, in the largest protests since he returned to the presidency.
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
A look into a grieving husband Jan Cilliers' investigative work after his wife Christy Giles and her friend Hilda Marcela Cabrales died after a night out.
Peterson's death sentence for the murder of his pregnant wife Laci has been overturned. Now his supporters are pushing for a complete retrial.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
The city of Albuquerque, New Mexico, says it needs the National Guard to help local police control crime. The New Mexico governor has declared a state of emergency in Albuquerque, clearing the way for several dozen troops to be deployed there. CBS News correspondent Jason Allen has more.
The nation is waiting to learn if and when President Trump will impose new tariffs on chips and semiconductors. The White House has launched multiple investigations into the imports of computer chips, chip-making equipment and pharmaceuticals from overseas. CBS News MoneyWatch correspondent Kelly O'Grady has more.
President Trump is floating the idea of sending U.S. citizens convicted of crimes to prison in El Salvador. CBS News White House reporter Aaron Navarro has more on that, the ongoing case of the Maryland man mistakenly deported to El Salvador and more of the top news from the Trump administration.
White House press secretary Karoline Leavitt opened her briefing Tuesday with comments about Kilmar Abrego Garcia, the Maryland man who was mistakenly deported to an El Salvador prison last month. CBS News correspondent Natalie Brand reports.
Sen. Bernie Sanders and Rep. Alexandria Ocasio-Cortez are in the midst of a "Fighting Oligarchy" tour, encouraging communities to fight against President Trump's policies. CBS News campaign reporter Nidia Cavazos has more.