Elizabeth Warren says newly-passed bill will bring down housing costs

Elizabeth Warren says newly-passed bill will bring down housing costs “by just having more of it” – CBS News Watch CBS News The Senate on Thursday overwhelmingly passed a bill aimed at lowering housing costs. Democratic Sen. Elizabeth Warren of Massachusetts joins “The Takeout” to break down the legislation. Source link

America needs a housing fix. Congress has ideas – but has hit a snag.

At a time when housing prices are far outpacing the incomes of American families, a bipartisan bill aimed at making homes more affordable passed the Senate with an overwhelming 89-10 vote on Thursday. But that bipartisanship could be offset by disagreements among Republican and Democratic senators and their colleagues in the House. While the Senate … Read more

Senate approves sweeping bipartisan housing bill, but roadblocks remain in the House

Washington — The Senate approved a package of bills aimed at lowering housing costs on Thursday, the most sweeping housing legislation in decades and a rare point of bipartisan consensus in an election year, with the issue of affordability top of mind for many voters. But the path forward in the House remains uncertain given … Read more

Senate passes major housing affordability bill by Elizabeth Warren and Tim Scott

WASHINGTON — The Senate passed a bill Thursday aimed at boosting the supply of housing and bringing down prices, marking a rare bipartisan breakthrough on a major issue. The 21st Century ROAD to Housing Act, written by Sens. Tim Scott, R-S.C., and Elizabeth Warren, D-Mass., won 89 votes. Ten senators voted against it. The 303-page … Read more

Senate passes bipartisan housing bill to improve access and affordability

WASHINGTON — The Senate passed a broad bill on Thursday to make U.S. housing more accessible and affordable, a rare bipartisan effort in Congress to address a growing national problem. The bill, which passed 89-10, would reduce regulations, regulate corporate investors and expand how housing dollars can be used to build affordable homes and rentals. … Read more

Trump-backed affordable housing overhaul clears Senate, while House GOP raises red flags

NEWYou can now listen to Fox News articles! A massive bipartisan swell advanced a Trump-backed affordable housing package out of the Senate on Thursday, but its fate in the House is up in the air. The bill, renamed the 21st Century ROAD to Housing Act to incorporate a previous Senate housing bill that stalled last … Read more

Bipartisan housing push advances, but Trump-backed investor ban faces resistance

NEWYou can now listen to Fox News articles! The Senate moved closer Wednesday to advancing a sweeping housing package aimed at boosting affordability, but a Trump-backed provision banning institutional investors from buying single-family homes is emerging as a flashpoint. Lawmakers cleared another procedural hurdle for the bill on Wednesday, setting up a likely final vote … Read more

CBS News price tracker shows how much food, gas, utility and housing costs are rising

As consumers cope with lingering cost-of-living pressures and the potential impact of tariffs, CBS News is tracking the change in prices of everyday household expenses — from food to utilities and rent. Use the tool below to explore price changes in dozens of items across different categories. About the data The categories in this tracker … Read more

Iran war hits housing market as mortgage rates rise to 6% on inflation fears

Mortgage rates are edging up on Thursday amid renewed inflation fears tied to the war in Iran. The average national rate for a 30-year fixed-rate mortgage rose to 6%, up modestly from 5.98% last week, the lowest since September 2022, according to new data from Freddie Mac. Home loan costs remain far lower than a year ago, when … Read more