BUSINESSMay 28 · 19:35 UTCNY POSTRealtor.com

Home purchase loans plummet to 12-year low as high mortgage rates wreak havoc on affordability

Home purchase loans in the US fell to a 12-year low in Q1 2026, with 581,000 loans originated from January to March, marking a 19% decline from the previous quarter. High mortgage rates are cited as a key factor disrupting affordability.

Nexus surfaces and summarizes. The full story lives at the source.

Mentioned

ATTOMorganizationhome purchase loanstopicmortgage ratestopicaffordabilitytopic

Spot something wrong with this article?Report a problem →

Forward this

Related Signal

Adjacent reporting

BUSINESSMay 6 · 11:00 UTC
Mortgage rates hit the highest level in a month, causing lower income homebuyers to drop out
BUSINESSApr 13 · 14:35 UTC
What are today's mortgage interest rates: April 13, 2026?
BUSINESSMay 20 · 11:33 UTC
Rising mortgage rates cause surge in demand for riskier loans
BUSINESSApr 17 · 14:57 UTC
Here's how much a $100,000 home equity loan costs monthly now that rates are lower
BUSINESSMay 5 · 14:58 UTC
UK homebuyers face worst mortgage affordability since 2008, data shows
BUSINESSApr 24 · 13:45 UTC
What are today's mortgage interest rates: April 24, 2026?