Weekly mortgage demand plummets 10%, as rates and economic concerns rise

cnbc.com/2025/07/16/weekly-mortgage-demand-plummets-10percent-as-rates-and-economic-concerns-rise.html

Renewed concerns over tariffs and the broader economy drove Treasury yields higher last week, and mortgage rates followed. As a result, total mortgage application volume dropped 10% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally…

This story appeared on cnbc.com, 2025-07-16 16:35:33.183000.
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