Homebuyer mortgage demand drops further, as economic uncertainty roils the housing market

Published Wed, Apr 30 20257:00 AM EDTUpdated Wed, Apr 30 20257:28 AM EDT

By: Diana Olick

A home is seen for sale on April 24, 2025 in Austin, Texas.Brandon Bell | Getty Images

Mortgage rates didn’t move much last week, but homebuyers continued to pull back amid concerns over the broader economy.

Applications for a mortgage to purchase a home dropped 4% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index. Volume was just 3% higher than the same week one year ago, even though interest rates last year were considerably higher. LEARN MORE…

Visit my website at: https://www.anastasiakaufman.com/

Here’s my Facebook Account: https://www.facebook.com/AnastasiaRealtor/

Anastasia Kaufman, GRI,ABR,SFR,CDPE,SRS

Cell: 401-338-2749

Email: Anastasia@anastasiakaufman.com