Mortgage Demand Weakens as Rates Hit Highest Level in 15 Months

Scotsman Guide, September 09, 2026-Ryan Kingsley

Mortgage rates that rose to their highest level since last June pushed mortgage demand lower across the board last week, the Mortgage Bankers Association said Wednesday.

MBA’s Market Composite Index, a measure of mortgage loan application volumes, slid 2.7% on a seasonally adjusted basis over the week ending Sept. 4.

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