Sales of previously occupied U.S. homes fell in January as rising mortgage rates and prices put off many would-be homebuyers.

The average 30-year mortgage rate has dropped for the fifth consecutive week, hitting an eight-week low. Here’s what it means ...

The average rate on a 30-year mortgage in the U.S. eased for the fifth week in a row to its lowest level since late December, a welcome boost for prospective homebuyers in what’s traditionally the ...

Compared to September’s low, the 30-year fixed rate rose 64 basis points ... when interest rates were at record lows. There were also some 14 million mortgage refinances during the same time.

Historically, when mortgage rates are high, the purchase application ... after the challenges of the past five years, even with record-low sales. We did observe a decline last week, which isn ...

The average rate on a 30-year mortgage briefly fell to a 2-year low last September, but has been mostly hovering around 7% this year. That’s more than double the 2.65% record low the average ...