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
It's shaping up to be a tough summer for house hunters, with U.S. home prices rising at fastest rate in 12 years
Credit card delinquencies, a possible leading indicator, are just one category that's showing the pressure
With the benchmark 10-year Treasury at a 7-year high, borrowing costs are rising, while home prices also climb
A rise in mortgage rates is making it even tougher for homebuyers to find an affordable home amid rising valuations
Rising interest rates and high home prices kept a damper on the rate of Americans signing contracts to buy homes
A strong U.S. economy has interest rates on the move, and even small increases create bigger total mortgage payments
Central bank holds $4.5 trillion in bonds, which it likely wants to halve, affecting mortgages and other long-term borrowing
Prices are surging, thanks to not enough homes for sale and buyers' desire to get ahead of rising interest rates
Pay gains and rising consumer confidence spur home buying by 3.3 percent in January, despite rise in mortgage lending rates
Home prices will still rise, but at a slower pace, and local markets will show a wider diversity of strength or weakness
Low mortgage rates fueled a real estate boom in 2016, but even as they rise this year, it’s no reason to panic
Higher mortgage rates push down house contracts, perhaps a warning that robust 2016 real estate sales may flag
Here's where the average salary is more than enough to buy the median-priced home, and where it's not even close
CBS News business analyst Jill Schlesinger explains what higher mortgage rates and lower inventory might mean for homebuyers
Even a small increase in the federal funds rate can add up to big bucks on everything from credit cards to mortgages
Too many other forces, from more first-time buyers to rising incomes to soaring rents, promise to keep home sales strong
Home buyers and sellers must factor the prospect of rising interest rates as they consider when to pull the trigger
Before you make the leap, CBS News business analyst Jill Schlesinger says "hang on a second" and consider these factors
Shortage of available units and strong gains in Portland, Seattle and Denver fuel advance in 20-city index
Economists point to a powerful though indirect influence of the chaos in Britain on the cost of borrowing in the U.S.
You an investor? A borrower? A frugal traveler? With U.K.'s decision to leave the EU, here's where smart money should look
Contracts to buy previously owned homes decline for a third month in four amid limited supply and rising prices
Changes are coming to what you pay for a loan and what you earn on your savings -- but how much and how soon?
The drop is tiny, from 3.97 to 3.96, but it shows how little direct impact the central bank's move has on this benchmark
The first hike since 2006 won't have a dramatic impact on your finances, but it does signal rising costs to come
Millions of customers in several states were in the dark as Helene moved inland from the Big Bend area of Florida's Gulf Coast.
Federal prosecutors have charged three Iranian hackers for allegedly targeting members of former President Donald Trump's presidential campaign as part of a "wide-ranging" cyber scheme.
British actress Dame Maggie Smith had an extensive career in theater and movies, gaining international acclaim in later roles in "Harry Potter" and "Downton Abbey."
Here are the rules of the CBS News vice presidential debate between JD Vance and Tim Walz.
Officials claim the changes "had no bearing" on Boar's Head's now-shuttered plant.
City officials shared clips of boats slammed into homes and a residence burning amid the floodwaters as they conducted water rescue operations.
Israel's leader softens his stance on a U.S.-backed cease-fire proposal with Hezbollah, but deadly strikes in Lebanon continue as he addresses the U.N.
Indicted NYC Mayor Eric Adams pleaded not guilty to federal bribery and campaign finance charges at his arraignment Friday.
Many Americans are unaware of the connection between drinking and cancer risk, despite growing research that points to the negative health impacts of alcohol.
Officials claim the changes "had no bearing" on Boar's Head's now-shuttered plant.
Here are the rules of the CBS News vice presidential debate between JD Vance and Tim Walz.
City officials shared clips of boats slammed into homes and a residence burning amid the floodwaters as they conducted water rescue operations.
Video shows a Coast Guard member descending into the choppy ocean from a helicopter to reach the man and dog.
Investigators say the suspicious timing of doing a load of laundry and a call to 911 focused their attention on a former state trooper and his potential role in his wife's death.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
A government task force is ready to help minimize supply-chain disruptions in case of a prolonged East Coast port strike, Biden administration says
A top investor in Trump Media & Technology Group has shed most of its position in the Truth Social owner, according to a filing.
Former President Donald Trump announced the new watch line on Truth Social, describing the timepieces as "truly special."
Super Micro Computer's stock price fell sharply after the Wall Street Journal reported the company faces a federal investigation.
Here are the rules of the CBS News vice presidential debate between JD Vance and Tim Walz.
Grocery costs barely rose last month, according to Friday's report, and energy costs dropped 0.8%, led by cheaper gasoline.
Indicted NYC Mayor Eric Adams pleaded not guilty to federal bribery and campaign finance charges at his arraignment Friday.
"I don't think we know who's going to win Michigan yet," Rep. Debbie Dingell told chief Washington correspondent Major Garrett on "The Takeout" podcast.
Vice President Kamala Harris will deliver remarks in Douglas, Arizona, her first trip to the U.S.-Mexico border since becoming the Democratic nominee for president.
Officials claim the changes "had no bearing" on Boar's Head's now-shuttered plant.
Many Americans are unaware of the connection between drinking and cancer risk, despite growing research that points to the negative health impacts of alcohol.
Gov. Gavin Newsom signs law prompted by a decade-long CBS News California investigation into California's newborn genetic biobank.
Ten deaths have been linked to now-recalled Boar's Head products.
The latest round of COVIDTests.gov will again rely on less sensitive "antigen" tests.
There are no coastal watches or warnings in effect for either storm however, the waves from Issac could cause life-threatening surf and rip current conditions in the Azores
In October 2022, Pheobe Plummer and Anna Holland threw two cans of Heinz tomato soup over the artwork at London's National Gallery.
Enrique Ariza was convicted of "persecution, harassment" and other crimes against Claudia Julieta Duque, the prosecutor's office said.
U.K. regulators found "serious misconduct" by Naomi Campbell's Fashion for Relief charity, disqualifying her from running a charity in Britain for five years.
South Korea is poised to criminalize possessing or looking at sexually explicit AI-manipulated deepfake photos or video.
U.K. regulators found "serious misconduct" by Naomi Campbell's Fashion for Relief charity, disqualifying her from running a charity in Britain for five years.
British actress Dame Maggie Smith had an extensive career in theater and movies, gaining international acclaim in later roles in "Harry Potter" and "Downton Abbey."
Tony Dokoupil and Adriana Diaz co-host "CBS Mornings Plus," airing weekdays on CBS-owned stations in Los Angeles, Chicago, San Francisco, Detroit and Miami, and streaming on CBS News 24/7.
The Nevada Supreme Court left open a possibility for charges to be refiled.
Academy Award-winning actor Cate Blanchett joins "CBS Mornings" to talk about her new psychological thriller, "Disclaimer."
Top U.S. artificial intelligence startup OpenAI took a hit Thursday after three of its top executives exited the company. The departures come as CEO Sam Altman is reportedly preparing to turn OpenAI into a traditional for-profit company. Connie Guglielmo, senior vice president focused on AI edit strategy for CNET, joins CBS News to examine the future of the startup.
Super Micro Computer's stock price fell sharply after the Wall Street Journal reported the company faces a federal investigation.
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 AI will talk to you in the voice of a handful of celebrities, Mark Zuckerberg announced today.
CBS News found the song has been used in more than 4,500 TikTok videos alone, with some users believing it's a song released by Bieber.
Nine years after it was negotiated, the Paris Climate Agreement continues to serve as a blueprint for global environmental goals. Todd Stern, the top U.S. negotiator for the deal, outlines the years-long process it took to reach the landmark agreement in his new book, "Landing the Paris Climate Agreement: How It Happened, Why It Matters and What Comes Next." Stern joins CBS News to look back at the talks.
Florida is bracing for the wrath of Hurricane Helene. A common question that scientists face during natural disasters like this is: Has climate change impacted their severity? CBS News Miami investigative reporter Jim Defede and CBS News Texas investigative reporter Brian New break down how lawmakers and residents in their states view climate change amid natural disasters.
Three houses have collapsed into the ocean in Rodanthe, North Carolina, in less than a week — and they're likely not the last. Here's why.
President Biden touted his administration's climate progress at the United Nations General Assembly on Tuesday. But in California, lawmakers have often been ahead of the federal government's climate policy, although they are not always aligned. CBS News California investigative correspondent Julie Watts has more.
Some of California's Democratic state politicians say they are voting against clean energy measures and climate legislation for economic reasons connected to their constituents. CBS News Sacramento's Julie Watts reports.
Enrique Ariza was convicted of "persecution, harassment" and other crimes against Claudia Julieta Duque, the prosecutor's office said.
New York City Mayor Eric Adams is set to be arraigned Friday on federal charges that include bribery, conspiracy and campaign finance charges. CBS News' Anna Schecter reports.
Investigators say the suspicious timing of doing a load of laundry and a call to 911 focused their attention on a former state trooper and his potential role in his wife's death.
A search of Brian Crossman Jr.'s cell phone found multiple internet searches related to serial killers and unresolved murders, police said.
Indicted NYC Mayor Eric Adams pleaded not guilty to federal bribery and campaign finance charges at his arraignment Friday.
The Soyuz landing in Kazakhstan sets the stage for launch of a SpaceX Crew Dragon flight to the space station Thursday.
For the next two months, Earth will have a "mini-moon" when a small asteroid temporarily orbits the planet. Scientists say the asteroid, which is only 33 feet long, will enter Earth's gravity in a horseshoe orbit September 29 before leaving on November 25. Most people won't get a glimpse of this mini-moon though, it's too small to see without professional equipment.
The asteroid was discovered in August and is set to become a mini-moon, spinning around Earth in a horseshoe shape for about two months.
NASA's "Hidden Figures," whose work helped put men on the moon, were honored Wednesday in a Congressional Gold Medal ceremony.
The September Harvest Moon will see a partial lunar eclipse, peaking the night of Tuesday, Sept. 17.
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 photographers Ed Spinelli and Kirstine Walton.
The seesaw marriage between the former ballerina and her much older husband only lasted four years, until she shot him on Sept. 27, 2020.
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.
A teenager's murder in Lowell, Massachusetts, goes unsolved for more than 40 years -- were the clues there all along?
A CBS News investigation looks into internet romance scams that are targeting Americans, tracking them to Ghana, where many of the scams begin. Debora Patta shows how men and women who are looking for love online are tricked into sending money.
The Coast Guard rescued a man and his dog who were sailing off the coast on Sanibel Island as Hurricane Helene approached Florida. Also, CBS News Philadelphia Grant Gilmore has the latest forecast.
Prime Minister Benjamin Netanyahu addressed the United Nations General Assembly Friday, remaining undefiant about Israel's operations in the Middle East that appear to be escalating. CBS News' Olivia Gazis has more.
Hurricane Helene left damage behind in Tallahassee, Florida, and other areas close to the Gulf of Mexico. Tom Hanson reports. Also, FEMA Administrator Deanne Criswell joins CBS News with more on federal response for those affected.
New York City Mayor Eric Adams is set to be arraigned Friday on federal charges that include bribery, conspiracy and campaign finance charges. CBS News' Anna Schecter reports.