US Mortgage Demand Plunges for Second Straight Week Amid Higher Rates

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US Real EstateThe war in Iran is leaving markets on edge.A ‘For Sale’ sign in Washington. Madalina Vasiliu/The Epoch TimesAndrew Moran3/25/2026|Updated: 3/25/20260:00Mortgage demand tanked for the second straight week as higher interest rates slowed homebuying and refinancing activity, new industry data show.For the week ended March 20, total mortgage application volumes declined by 10.5 percent, according to figures from the Mortgage Bankers Association released on March 25.

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