Weekly mortgage demand from homebuyers increased despite big interest rate volatility

by anastasiakaufman-chime-me

Published Wed, Mar 11 20267:00 AM EDTUpdated Wed, Mar 11 20268:24 AM EDT

By: Diana Olick

A prospective buyer and a real estate agent look through a window in a bedroom during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026. With the crucial spring homebuying season ahead, real estate agents finally have something fresh to sell: the lowest mortgage rates in three years. Photographer: David Ryder/Bloomberg via Getty Images

A prospective buyer and a real estate agent look through a window in a bedroom during an open house at a home in Seattle, Washington, US, on Sunday, Jan. 18, 2026.

David Ryder | Bloomberg | Getty Images

As the war in Iran continues to rivet the world, interest rates have been all over the map. That caused a split in demand for mortgages last week, with refinancing coming down and homebuyer demand rising with the kickoff of the spring market.

Total mortgage application volume rose 3.2% for the week, according to the Mortgage Bankers Association’s seasonally adjusted index. LEARN MORE…

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