Weekly mortgage demand surges 11% higher, as interest rates dropped for the sixth straight week

Published Wed, Mar 12 20257:00 AM EDTUpdated Wed, Mar 12 20257:34 AM EDT

By: Diana Olick

A ‘For Sale’ sign is posted in front of a home for sale on March 5, 2025 in Pasadena, California. Mario Tama | Getty Images

Mortgage rates dropped to the lowest rate since October of last year, and that pushed demand even higher last week, after a substantial jump the previous week.

Total mortgage applications rose 11.2% week to week, according to the Mortgage Bankers Association’s seasonally adjusted index. LEARN MORE…

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