Homebuyer mortgage demand drops annually for the first time in over a year, as war fuels uncertainty
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.
Last updated: 2026-04-08 19:01:16 ET
Weakening consumer sentiment in the overall economy is weighing heavily on mortgage demand from both homeowners and homebuyers.
There are a few important things potential buyers should consider before making any moves right now, experts say.
Just before the start of fighting in the Middle East, mortgage rates had dropped to their lowest level since 2022.
Interest rates for a typical home loan jumped Thursday to 6.46%, the highest level since September 2025. House-hunters aren't pleased.
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