Mortgage rates fall to lowest since April 2023. Here's where they're headed.
The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
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The Average rate for 30-year fixed mortgage now stands at 6.44%, the lowest in 16 months, according to the Mortgage Bankers Association.
Many so-called zombie mortgages date back to the 2008 financial crisis, and consumer advocates warn a new wave of zombies could be on the horizon — this time, from all the home equity credit lines taken out during the pandemic.
Joe Don Bobbitt takes over a role vacated by former chief appraiser Jeff Law, who resigned in September following votes of no confidence from city councils in Keller, Southlake and Colleyville, and from Tarrant County Commissioners.
"Even places that historically have been affordable now need six figures," according to Redfin's chief economist.
North Texas keeps attracting people from all over the county with its jobs and lifestyle. But with higher interest rates, it has cooled the housing market some, even in red-hot North Texas.
According to Freddie Mac, interest rates are at 7.19%.
The average rate for a 30-year home loan crossed the 8% threshold this week, deepening the affordability crisis for homebuyers.
Mortgage rates continued to rise this week, with the average 30-year fixed-rate mortgage in the United States hitting 7.8% Tuesday.
As the spring homebuying season approaches, affordability is at its lowest point in history, one economist said.
Surge in borrowing costs is pushing some buyers out of the market, while sellers face a quandary.
Potential homebuyers are struggling to find homes.
AAA advises travelers to book the earliest flight and reserve parking in advance to allow enough time for long lines.
The preliminary investigation determined that the driver and the victim were traveling eastbound on Northwest Highway when they lost control of their vehicle.
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
North Texas will enjoy mild weather on Sunday and Monday, but a First Alert Weather Day is in effect for Christmas Eve.
With playoff hopes fading, the Dallas Cowboys are primed to play spoiler against the Tampa Bay Buccaneers in Week 16.
AAA advises travelers to book the earliest flight and reserve parking in advance to allow enough time for long lines.
The preliminary investigation determined that the driver and the victim were traveling eastbound on Northwest Highway when they lost control of their vehicle.
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
North Texas will enjoy mild weather on Sunday and Monday, but a First Alert Weather Day is in effect for Christmas Eve.
With playoff hopes fading, the Dallas Cowboys are primed to play spoiler against the Tampa Bay Buccaneers in Week 16.
When a former Cedar Hill police officer was accused of soliciting sex from a DWI suspect he was already under investigation for similar behavior with a victim of domestic violence, internal records reveal.
Amber Crum was just 2 years old when she disappeared from the Pleasant Grove area the day after Christmas in 1983.
A nationwide gift card scam linked to Chinese organized crime involving gangs prompted law enforcement and DHS to take action.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
For weeks, the I-Team traced the cups dropped inside seven locations in Garland, Plano, Frisco, Irving, Hurst, Highland Park, and Fort Worth.
Ken Molestina fills in for Jack Fink this week as Texas outlines another strategy to handle security on the southern border. Collin County Elections Administrator Bruce Sherbet recently announced he's retiring and reflects on his time in the role in a conversation with Jack. Jack also spoke to Frisco Mayor Jeff Cheney about the city's growth and new developments. (Original air date: December 22, 2024.)
UnitedHealthcare CEO Brian Thompson was gunned down in New York earlier this month, and there has been some celebration on social media of the suspected killer.
Over half of Americans see the drones that have been spotted over the East Coast as a threat to the U.S.
Trump's election is a big part of the positive outlook, especially for Republicans.
Mark Burnett helped produce hits like "Survivor" and "The Voice," but is perhaps best known for teaming up with President-elect Donald Trump for "The Apprentice," which first aired in 2004.
At Fort Worth ISD's North Side High School, the sounds of an American sport on the field meet mariachi music in the stands.
With new foods, such as the "Drowning Taquitos" and the "Beso de Angel," Tony's Taco Shop owners say they don't take their success for granted.
Latinas in Tech DFW started back up last year after the pandemic. They have lots of opportunities for Latinas to network, connect, and learn new skills.
Anchor Ken Molestina shows us how he makes his Cuban coffee for the CBS News Texas newsroom.
Del Olmo, who has played golf his entire life, recalls how rare the sport was for people like him growing up in Mexico City.
A North Texas couple vetted and hired a local company for their move to Oregon, not knowing someone else would be taking their things.
Big solar companies oftentimes outsource on-the-ground sales efforts to third-party companies.
As more seniors fall victim to financial scams, citizens and lawmakers search for stronger consumer protections.
Following an I-Team investigation, Sunnova Energy is facing legal action from nearly a dozen Texas families.
A viral TikTok recipe that includes melting Jolly Ranchers landed a 9-year-old in the hospital with severe burns.
A Chicago man was stuck with a big medical bill after undergoing a colonoscopy that found no evidence of cancer. Here's why.
Some 13 oz. bags of Lay's Classic Potato Chips may contain an undeclared allergen, according to the snack company.
Many participants are amputees but the program also supports those with neurodivergent conditions, brain injuries, military injuries and more.
"The mystery has finally been solved," Congo's health ministry says, after an unidentified disease outbreak started killing mainly women and children in a remote region.
The sisters share a special bond of getting a second chance at life, which they both received at the age of 38 years old.
The concept is simple: a menu with no prices. Guests pay what they can afford.
The new Fort Worth facility is expected to create hundreds of new jobs to help build long-range assault aircraft.
The Dallas City Council voted Wednesday to approve a contract which includes a $15 million upgrade to the convention center.
"The events are not a mismanagement of business, but an intentional act to deceive and deprive," an investigator said.
According to the report, 15,151 Texas workers are owed back wages.
Rickey Henderson is widely considered to be one of the best leadoff hitters and base stealers in baseball.
"America's Team: The Gambler and His Cowboys" is coming to Netflix in 2025.
Rick Welts was previously the president and COO of the Golden State Warriors.
Before they step on the field, the SMU Mustangs football team has to get through finals first.
The Dallas Open takes place Feb. 1-9, 2025.
The lawsuit lays out Blake Lively's allegations against Justin Baldoni during their time working on "It Ends with Us."
A spokesperson for Foxx said that he had to get stitches after he was hit in the face by a glass thrown from someone else in the restaurant.
Sean "Diddy" Combs filed a motion Friday to dismiss his appeal for bail, meaning he will stay in jail until his trial on sex trafficking charges in May 2025.
This year, the team wanted to be sure more visitors could enjoy the trains.
Jamie Foxx opened up about why he was hospitalized for several weeks in April 2023.
CBS News Texas captured the excitement and energy of the BMW Dallas Marathon Festival through photos.
Cowtown lit up the streets of Downtown with smiles and lights during the annual Parade of Lights.
Check out photos of cars, trucks and SUV's on display this year at the Texas Auto Show at the State Fair of Texas.
We take a look back at Dallas Police Chief Eddie Garcia's time in Dallas.
Stars, stripes and plenty of fun in the sun is how Fort Worth celebrates the Fourth of July.
