I figured it out. I had previously installed Motherboard Monitor and was having the same problem. That is why I installed PC Probe to see whether it was Motherboard Monitor or the hardware. When PC Probe gave me the same reading, I assumed it was the hardware. However, I kept playing around with the Motherboard Monitor settings and found that when I changed the CPU temp sensor from Winbond 2 to Winbond 2 Diode I received an accurate reading. Then I checked PC Probe and believe it or not it was now providing and accurate reading as well. Why a Motherboard Monitor setting would affect PC Probe at all I do not know. I'm just glad it's working now.