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Total volume dropped 3.2 percent for the week ending January 23 on a seasonally adjusted basis, according to the Mortgage Bankers Association (MBA).
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Diana Olick serves as CNBC's real estate correspondent as well as the editor of the Realty Check section on CNBC.com.
Track the latest moves in sales, prices and inventory in some of the largest housing markets across the country.
Coverage of annual investing conference.
Go inside the world of exchange-traded funds with CNBC's coverage from the ETF industry's biggest event of 2014.
Coverage of the 2015 World Economic Forum’s annual meeting in Davos, Switzerland.