Economy Jan 14 2025 home sales stuck at 30-year low The U.S. housing market slump dragged into its fourth year in 2025, as sales remained stuck at a 30-year low with rising home prices and elevated mortgage rates keeping many prospective home shoppers shut out of the market. By Alex Veiga, Associated Press
Politics Jan 08 Watch 7:18 Trump focused on foreign affairs to distract from domestic challenges, Sen. Slotkin says Congress has a lengthy list of priorities, but the week has been dominated by the Trump administration's operation in Venezuela and what to do next. Geoff Bennett spoke with Michigan Sen. Elissa Slotkin for the Democratic perspective. By Geoff Bennett, Doug Adams
Economy Dec 31 Average U.S. long-term mortgage rate falls to the lowest level of the year at 6.15% The average rate on a 30-year U.S. mortgage fell to its lowest level of 2025 this week, an encouraging sign for prospective home buyers. By Matt Ott, Associated Press
Economy Dec 15 Is the 30% rule for rent still relevant? Here's what experts think For most "everyday people," the 30% rule remains useful, but it comes with several caveats, experts say. By Hannah Grabenstein
Nov 29 Watch 5:42 Millions of full-time workers are struggling to afford a place to live. Here's why By Ali Rogin, Andrew Corkery The skyrocketing cost of living has left millions of people struggling to afford a place to live despite working at full-time jobs or a number of part-time jobs. Journalist Brian Goldstone, author of “There Is No Place for Us: Working… Continue watching
Nov 13 Average long-term mortgage rate edges higher to 6.24% By Alex Veiga, Associated Press The average rate on a 30-year U.S. mortgage edged higher for the second week in a row, hovering near its low point so far this year. Continue reading
Oct 23 Average long-term mortgage rate drops to lowest level in more than a year By Alex Veiga, Associated Press The average rate on a 30-year U.S. mortgage fell again this week, dropping to its lowest level in more than a year. Continue reading
Sep 28 Watch 4:59 Why renters are increasingly outnumbering homeowners in the suburbs of major cities By John Yang, Andrew Corkery As the cost of homeownership soars across the country, renting has emerged as an increasingly popular alternative — not just in cities, but in suburbs, too. John Yang speaks with Doug Ressler, manager of business intelligence at Yardi Matrix, to… Continue watching
Aug 21 Watch 5:46 Home sales went up in July, offering momentum to a struggling market By Geoff Bennett, Azhar Merchant The housing market showed signs of life in July, with existing home sales increasing by 2% from the previous month. It's offering a bit of momentum to a market that’s been struggling. Geoff Bennett discussed the numbers with Daryl Fairweather,… Continue watching