Updated
Updated · CNBC · Apr 15
US Mortgage Applications Slide for Fourth Straight Week Amid Rate Pressures
Updated
Updated · CNBC · Apr 15

US Mortgage Applications Slide for Fourth Straight Week Amid Rate Pressures

24 articles · Updated · CNBC · Apr 15
  • US mortgage applications fell by 0.8% in the week ending April 3, marking a fourth consecutive weekly decline.
  • Refinance activity dropped 3% to its lowest level since December 2025, while purchase applications rose 1% but remain 7% below last year.
  • Persistently high mortgage rates and economic uncertainty continue to weigh on demand, with some segments like FHA and ARM loans faring slightly better.
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