The price of homeownership remains out of reach for many Americans as home prices remain high and mortgage rates continue to hover close to 7%.

More homeowners decided to refinance their current mortgage, as interest rates remained fairly steady—under 7%.

A rise in mortgage interest rates has led to a decline in people applying for home loans and homeowners refinancing.

The current rate for a 30-year fixed mortgage sits at 6.85%, according to Mortgage News Daily. Read Next: Elon Musk Calls Trump Trade Advisor Peter Navarro ‘Dumber Than Sack Of Bricks ...

The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($806,500 or less) increased to 6.82% from 6.77% , with points remaining unchanged at 0.62% ...

It's supposed to be the busiest time of the year for real estate — but instead, it's crickets.June existing home sales fell to a nine-month low, and one in seven potential deals fell through, ...

Economists generally expect the average rate on a 30-year mortgage to remain above 6% this year. Recent forecasts by ...

Chasing a lower interest rate: Breaking for a cheaper deal almost always triggers a penalty, unless your lender lures you ...