Mortgage demand still staying firm with elevated rates

“I had 24 people sign up for a showing, and there was a line in the street,” says real estate agent Tone Darrud. The next day, the house was sold well above the asking price after a round of bidding.

Mortgage market has its strongest start to year for four years

David Hargreaves has a crunch of the first-quarter mortgage figures, which show business is getting busier whether we talk about amounts borrowed or the numbers of mortgages taken out

Mortgage demand still staying firm with elevated rates

If someone had told me that home sales would remain firm this year despite mortgage rates ranging from 7.25% to 6.64%, I would not have taken that bet. However, amid all the chaotic economic headlines of 2025 so far, the demand for mortgages is holding steady, even with the higher rates. Let’s dig into the latest Housing Market Tracker data to see what last week brought us. Purchase application data We observed a significant rebound in this data…

The best mortgage rate on the market is becoming increasingly popular. Many people could save thousands by switching.