Weekly mortgage demand surges nearly 11% higher, despite volatile interest rates

Cars parked in front of homes in Daly City, California, US, on Tuesday, May 19, 2026. Jason Henry | Bloomberg | Getty Images Mortgage rates moved slightly higher last week, but both current homeowners and potential homebuyers returned to the mortgage market, perhaps for the last spring push. Total mortgage application volume rose 10.8% last week compared with the previous week, according to the Mortgage Bankers Association's seasonally adjusted index. …