Lower mortgage rates may motivate more people to buy houses, but it will take a bigger drop in borrowing costs to create more home sellers and lead to lower home prices, economists said.

Homeownership is often seen as a cornerstone of the American Dream. But for some who bought in recent years, it’s become a costly source of stress.

Mortgage applications dropped 10.0% amid rising interest rates and post-holiday adjustments.   Refinance activity declined 7%, while purchase app

June, rates on 30-year refinance loans moved lower Wednesday. Rate movement was mixed for other refi loan types.

Mortgage application activity dropped sharply last week as rates moved higher, according to the Mortgage Bankers Association’s (MBA) latest survey. The Composite Index fell 10.0% on a seasonally adjusted basis for the week ending July 11,

Mortgage rates today are steady, but loan demand fell 10% after recent rate increases. See what’s driving today’s trends.

Not all mortgages are created equal. Learn the pros, cons and ideal use cases for today’s most popular home loans, so you can shop with confidence.