Mortgage demand stalls, even as interest rates moderate

by anastasiakaufman-chime-me

PUBLISHED WED, MAR 27 20247:00 AM EDT

By: Diana Olick

A 'For Sale' sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. 
A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Florida. Joe Raedle | Getty Images

The usually busy spring housing market is underway, but mortgage demand isn’t moving. Application volume was essentially flat last week, dropping 0.7% compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

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