Mortgage rates hit highest level in a month, pushing loan demand down 5%

Published Wed, Nov 19 20257:00 AM ESTUpdated Wed, Nov 19 20259:54 AM EST

BY: Diana Olick

Homes in San Francisco, California, US, on Wednesday, Nov. 12, 2025.

David Paul Morris | Bloomberg | Getty Images

Mortgage rates rose for the third consecutive week, causing demand from both current homeowners and potential homebuyers to drop. Total mortgage application volume fell 5.2% last week compared with the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.LEARN MORE…

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