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Mortgage demand drops more than 10% as rates hit the highest level since October

Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.

1 report1 sourceMar 25, 2026, 1:09 PM
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CNBCMar 25, 2026, 1:09 PM

Mortgage demand drops more than 10% as rates hit the highest level since October

Mortgage demand continued to tumble last week, as mortgage rates surged higher and affordability weakened further.

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