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Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher

Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.

1 report1 sourceSep 16, 2026, 11:47 AM
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CNBCSep 16, 2026, 11:47 AM

Mortgage demand from homebuyers drops 19% from a year ago, as interest rates surge abruptly higher

Mortgage rates have surged to the highest level since the start of 2025, causing a major pullback in mortgage demand.

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