Mortgage Applications Drop 10.4% in a Single Week

April 4, 2026

Mortgage applications fell 10.4% overall for the week ending March 27, with refinance application volumes declining sharply by 17% and down more than 40% compared to just one month ago, according to the Mortgage Bankers Association. MBA’s SVP and chief economist noted that the headwinds of higher rates are being offset somewhat by a buyer’s market in many parts of the country, with more homes for sale than buyers have seen in quite some time — a trend that is showing up in Oregon and Washington markets as well.

Source: Fortune / Mortgage Bankers Association Read the full story: https://fortune.com/article/current-mortgage-rates-04-03-2026/

Koleena

Koleena has been a business owner for nearly 30 years. A serial entrepreneur, she has owned an event business coordinating local trade shows, a Christmas store and has been an approved provider for the Oregon CCB pre-license training class for new contractors since 2007. Prior to that, she worked in construction administration in several capacities. Dabbling in various other interests, her favorite hobby is gardening. She loves watching her plants grow and her students grow to their full-potential as business owners.

Koleena

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