Adjustable-rate mortgages make comeback as interest rates rise
More homebuyers are turning to the loans — a villain of the housing crash — to deflect surging borrowing costs.
Mortgage Rates
Buyers return to ARMs as mortgage rates jump above 4%
With rates at their highest point since 2019, some buyers are turning to adjustable-rate mortgages for affordability.
How the Fed hiking interest rates could affect your wallet
Americans could soon pay more to borrow. One expert says it may be hard to give up the "easy money mentality."
Navigating pandemic-era real estate market
Buying a home for the first time can be complicated, and adding in current pandemic-era market factors like low inventory, low mortgage rates and increasing demand could lead to even more headaches. Daryl Fairweather, a chief economist at the real estate brokerage Redfin, joined "CBSN AM" with tips on how to navigate the competitive market.
Good news for homeowners looking to refinance
Almost 63% of mortgage applicants are homeowners looking to refinance. Jill Schlesinger explains how low mortgage rates could help homeowners cut their costs, as part of our series Eye on Money.
What a Fed move to cut rates would mean for you
For most Americans, lower borrowing costs might not help as much as it has in the past -- here's why
Ready to buy a home? What to know first
Existing home sales in April were down 4.4 percent from a year ago, according to The National Association of Realtors, despite lower mortgage rates. CBS News business analyst Jill Schlesinger joins "CBS This Morning" to discuss how to know whether you're ready to buy a home and financial tips for first-time buyers.
Rising U.S. home prices cooling off, just in time for spring selling season
Home prices in 20 cities tracked rose just 3 percent year-over-year in February -- a sign of a buyer's market, some say
Homebuying in 2019: Prices dipping, but other problems linger
While it may not be as strong of a seller's market, higher mortgage rates and lack of inventory could stymie buyers
Mortgage rates jump to 7-year high, crimping home sales
Monthly payments climb as the average 30-year fixed-rate home loan is now at 4.94 percent, up from 3.9 a year ago
What rising mortgage rates will cost homebuyers
Here's a state-by-state look at how much higher interest costs add to monthly and total mortgage payments
Why the housing market is a "perfect storm" for buyers
Rising home prices, tight inventory and higher mortgage rates are creating a tough market for home buyers?.
Why this summer may be house-hunting hell
It's shaping up to be a tough summer for house hunters, with U.S. home prices rising at fastest rate in 12 years
Where rising interest rates are starting to pinch
Credit card delinquencies, a possible leading indicator, are just one category that's showing the pressure
Ready to buy a home? Lock in your mortgage rate now
With the benchmark 10-year Treasury at a 7-year high, borrowing costs are rising, while home prices also climb
A new woe for a pricey housing market: Higher mortgage rates
A rise in mortgage rates is making it even tougher for homebuyers to find an affordable home amid rising valuations
Pending home sales drop to 3-year low
Rising interest rates and high home prices kept a damper on the rate of Americans signing contracts to buy homes
What do rising interest rates mean for homebuyers?
A strong U.S. economy has interest rates on the move, and even small increases create bigger total mortgage payments
How Fed's trillions in bond holdings could push up rates
Central bank holds $4.5 trillion in bonds, which it likely wants to halve, affecting mortgages and other long-term borrowing
Home prices poised to surge this spring
Prices are surging, thanks to not enough homes for sale and buyers' desire to get ahead of rising interest rates
Existing home sales surge at fastest rate in a decade
Pay gains and rising consumer confidence spur home buying by 3.3 percent in January, despite rise in mortgage lending rates
The housing market could cool off a bit this year
Home prices will still rise, but at a slower pace, and local markets will show a wider diversity of strength or weakness
Buying a home in 2017? Here’s what to expect
Low mortgage rates fueled a real estate boom in 2016, but even as they rise this year, it’s no reason to panic
Home buying indicator signals slowdown in Novembe
Higher mortgage rates push down house contracts, perhaps a warning that robust 2016 real estate sales may flag
Most and least affordable cities for home buyers
Here's where the average salary is more than enough to buy the median-priced home, and where it's not even close
Russia warns of world war after Biden's decision on missiles for Ukraine
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
"Everything as it was": Explore the bedrooms of kids killed in school shootings
The families of eight school shooting victims opened their doors to Steve Hartman and photographer Lou Bopp, allowing them to document their children's bedrooms.
What does and doesn't kill E. coli? What to know amid multiple outbreaks
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
Steve Bannon set for New York trial starting Feb. 25, judge rules
President-elect Donald Trum pardoned Steve Bannon in 2021 on federal charges related to the same scheme.
Family of U.S. activist killed in West Bank still demanding answers
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
Famed ballet dancer dies in fall from balcony in Russia
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
Trump taps Musk-allied big tech critic Brendan Carr to head FCC
President-elect Donald Trump tapped Republican Brendan Carr, an Elon Musk-backed critic of big tech, to lead the FCC, calling Carr a "warrior for Free Speech."
Netflix says 60 million households watched Tyson-Paul match
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
U.S.
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A bomb cyclone and atmospheric river are developing in the Pacific
The Northwest is bracing for a strong storm system to move in this week, fueled by an atmospheric river and bomb cyclone. What do those terms mean?
How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
Missing skydiver found dead miles from intended landing spot in Louisiana
A skydiver was found dead in northwestern Louisiana over the weekend after his parachute failed to deploy, authorities said.
Steve Bannon set for New York trial starting Feb. 25, judge rules
President-elect Donald Trum pardoned Steve Bannon in 2021 on federal charges related to the same scheme.
MoneyWatch
More MoneyWatch
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
Netflix says 60 million households watched Tyson-Paul match
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
U.S. regulators initiate 2 probes into Ford recalls, including 113,000 Ford SUVs
NHTSA unveils two investigations into recalls that may not have worked, just days after announcing civil fine against Ford for moving too slowly.
Spirit Airlines files for bankruptcy
The budget carrier Spirit Airlines is trying to recover from the pandemic drop in travel and failed mergers.
Organic carrots recalled after E. coli outbreak. These are the brands impacted.
Grimmway Farms, which made and packaged the organic carrots, issued the recall on Saturday after nearly 40 cases were recorded in 18 states.
Politics
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How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Steve Bannon set for New York trial starting Feb. 25, judge rules
President-elect Donald Trum pardoned Steve Bannon in 2021 on federal charges related to the same scheme.
Trump taps Musk-allied big tech critic Brendan Carr to head FCC
President-elect Donald Trump tapped Republican Brendan Carr, an Elon Musk-backed critic of big tech, to lead the FCC, calling Carr a "warrior for Free Speech."
Hegseth paid accuser but denies wrongdoing, attorney says
Trump has indicated that the revelations about the accuser and payment have not deterred him from Hegseth's selection as defense secretary.
Trump's controversial Cabinet and senior staff picks face uncertain future
President-elect Donald Trump's Cabinet and senior staff picks are facing an uncertain future as his selections received mixed reviews in recent days — and a handful sent shockwaves through Washington.
HealthWatch
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How RFK Jr. could impact vaccines as Trump's HHS secretary
Kennedy insists he is not "anti-vaccine," but he has a long record of false and misleading statements about their safety and benefits. What could he do as Trump's HHS secretary?
Bed maker waited to report defect that killed 1 and injured others
Canada's Bestar recalled wall beds only after learning of dozens of cases in which its beds detached from the walls, feds say.
What does and doesn't kill E. coli? What to know amid multiple outbreaks
E. coli outbreaks in food are making headlines, prompting questions about how to stay safe from the bacteria that can cause sickness.
Combating Parkinson's with rock climbing
There is currently no cure for Parkinson's Disease. But some with Parkinson's are finding that an unusual therapy – rock climbing – is helping them improve their balance, mobility, strength and cognition.
Woman in Idaho abortion ban case shares her story
Kayla Smith, one of the plaintiffs in a lawsuit against Idaho's restrictive abortion ban, tells Nicole Valdez about "the most traumatic experience" of her life. She and five other women are suing the state to clarify and expand abortion exceptions.
World
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Famed ballet dancer dies in fall from balcony in Russia
Ballet dancer Vladimir Shklyarov fell from a fifth-floor balcony after taking painkillers ahead of back surgery, Russian media reported.
India's "severe plus" air pollution forces more dramatic safety measures
Air pollution chokes New Delhi every winter, but this year's smog has already derailed everything from transport and road work to schools.
Family of U.S. activist killed in West Bank still demanding answers
The sister of Aysenur Ezgi Eygi, an American activist killed in the Israeli-occupied West Bank, says her idealistic vision of the U.S. has been shattered.
Russia warns of world war after Biden's decision on missiles for Ukraine
A Russian lawmaker calls President Biden's decision to let Ukraine fire U.S. missiles deep into Russia a "very big step toward the beginning" of a third world war.
Hologram used in bid to solve sex worker's cold case murder
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Entertainment
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The stars of "Gladiator II" discuss the film's legacy
The stars of Ridley Scott's "Gladiator II" discuss the film's legacy and stepping back into the world of ancient Rome.
Netflix says 60 million households watched Tyson-Paul match
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
"Gladiator II" cast on new film
Ridley Scott's latest masterpiece revisits the world of ancient Rome with new characters and intense drama. The cast of "Gladiator II" talks to Nate Burleson on working with Scott and carrying forward the spirit of the iconic original.
Victoria Kjær Theilvig of Denmark is crowned Miss Universe
Victoria Kjær Theilvig, an animal protection advocate who works in the diamond selling business, beat out Miss Nigeria at the end of the competition.
Cher opens up about life with Sonny
With the release of part one of her new memoir, Cher talks about her relationship - on stage and off - with Sonny Bono, and why their TV partnership survived beyond their marriage.
Technology
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Technology
How this new car runs without gas or electricity
As climate change intensifies, the race for a more eco-friendly car has revved up. Itay Hod reports on the newest twist on travel.
"Human … Please die": Chatbot responds with threatening message
In an online conversation about aging adults, Google's Gemini AI chatbot responded with a threatening message, telling the user to "please die."
How AI powered robots are helping small farms
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.
Meta facing courtroom battle
On Wednesday, a judge allowed a Federal Trade Commission lawsuit to move forward that accuses Meta of creating an illegal monopoly with Facebook, Instagram and WhatsApp. CBS News MoneyWatch correspondent Kelly O'Grady explains.
The Guardian to stop posting on X, calling it "a toxic media platform"
The Guardian says benefits of being on Elon Musk's social media platform X are outweighed by its "often disturbing content."
Science
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Science
How climate change impacts the economy
2024 is on pace to be the hottest year on record worldwide. CBS News Los Angeles meteorologist and climatologist Marina Jurica reports that extreme weather events cost the global economy over $2 trillion in the last 10 years.
Scientists say biggest coral in the world discovered in the Pacific
Scientists say they've discovered a "mega coral" three times bigger than the previous record holder - so huge they initially thought it was a shipwreck.
Surfboards with lights could deter shark attacks: "Invisibility cloak"
Seal-shaped boards decked with bright horizontal lights were less likely to be attacked by great white sharks, researchers found.
Trump officials likely to reverse drilling waste "methane fee" EPA is imposing
Oil and natural gas companies will have to pay a federal fee if they emit methane above certain levels under a rule being finalized by the Biden administration that incoming Trump officials are likely to reverse.
Site of ancient, key battle in Iraq found using spy satellite images
1970s-era U.S. spy satellite imagery has led archeologists to what they believe is the site of a seventh-century battle that was decisive in the spread of Islam in the region.
Crime
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Crime
Shootings near New Orleans parade route
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
More on Laken Riley murder trial defense
Jose Ibarra's trial for the murder of Laken Riley, a student at Georgia's Augusta University College of Nursing, continues as Ibarra's family members are expected to testify on his behalf. CBS News contributor Caroline Polisi breaks down the latest in the case.
New Orleans parade shootings: What we know
Two people were killed in two separate shootings along a New Orleans parade route Sunday night. No arrests have been made so far. CBS News national reporter Kati Weis has more.
Testimony continues in Laken Riley trial
Jose Ibarra, the man accused in the brutal murder of 22-year-old nursing student Laken Riley, is back in a Georgia courtroom. CBS News producer Jared Eggleston has the latest on the case.
Hologram used in bid to solve sex worker's cold case murder
Bernadett "Betty" Szabo, 19, was stabbed multiple times just months after giving birth to a baby boy.
Space
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Far side of the moon once had erupting volcanoes, lunar soil shows
Researchers analyzed lunar soil brought back by China's Chang'e-6, the first spacecraft to return with a haul of rocks and dirt from the little-explored far side.
When you can see the Beaver Moon, 2024's final supermoon
November's full moon, known as the Beaver Moon, is the last supermoon of 2024. Here's when it peaks and why it's called the Beaver Moon.
Astronauts decline to answer questions about post-flight medical issue
Medical issues aside, the astronauts described a water leak in June that triggered a blizzard in the International Space Station's airlock.
Cargo ship brings science gear, holiday treats to space station crew
With an Election Day docking, the cargo ship delivered 3 tons of supplies and equipment, including an unusual wooden satellite.
The Taurid meteor showers will peak a week apart in November
Two sister meteor showers are already flashing across night skies — and will peak a week apart.
Latest Galleries
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Notable Deaths in 2024
A look back at the esteemed personalities who've left us this year, who'd touched us with their innovation, creativity and humanity.
Serial killer Rodney Alcala's secret photos
See some of convicted serial killer Rodney Alcala's photographs that were discovered by detectives in a Seattle storage locker.
The troubled marriage of Ashley and Doug Benefield
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
Evidence in "The Dexter Killer" case
A look at the evidence in "The Dexter Killer" case; plus, newly revealed letters from the man police say wanted to be like fictional serial killer Dexter Morgan.
Summer music heats up 2024
Live performances are in full swing this summer. Scroll through our concert gallery, featuring pictures by CBS News photojournalist Jake Barlow and photographers Ed Spinelli and Kirstine Walton.
Latest CBS News Videos
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Latest CBS News Videos
Biden OK's U.S. long-range weapons in Russia
In a shift in policy, President Biden authorized Ukraine's use of American-made long-range weapons inside of Russia. Ukraine has been requesting the missiles since the start of the war, but the U.S. has refused until now. On Sunday, Russia launched one of its largest attacks in months on Ukrainian civilians as there are fears this could escalate the conflict.
Controversy over Trump's Cabinet picks
CBS News has learned President-elect Trump's choice to lead the Department of Defense, Fox News host Pete Hegseth, paid a settlement to a woman who accused him of sexual assault in 2017. Hegseth's attorney said the Army veteran paid to ward off a baseless lawsuit and that she initiated a consensual encounter while Hegseth was intoxicated. Meanwhile, Trump's pick for attorney general, Matt Gaetz, remains under scrutiny amid reports of his alleged sexual misconduct and illicit drug use, which he denies. The former Florida representative was the subject of a House ethics investigation, which ended when Gaetz resigned his House seat last week.
Shootings near New Orleans parade route
Officials say 13 people were shot during two incidents along a New Orleans "second line" parade route. CBS News' Kati Weis breaks down what's known.
Biden reiterates support for Ukraine
President Biden reiterated support for Ukraine in the war against Russia during the G20 Summit in Brazil. This comes as Russian officials react to Mr. Biden's decision to allow Ukraine to use U.S.-made and supplied missiles deeper into Russia. CBS News' Willie J. Inman reports.
Nov 18: CBS News 24/7, 1pm ET
Biden signals U.S. support for Ukrainian sovereignty; Prosecutors accuse Sean "Diddy" Combs of blackmailing potential witnesses from jail.