Mortgage demand growth in the United States slowed markedly in the latest week, with MBA Mortgage Applications rising 3.2% week-over-week, down from an 11.0% increase in the previous period. The data, updated on 11 March 2026, reflects a clear moderation in application momentum after a strong prior week.
The week-over-week comparison shows that while activity remains positive, borrowers are stepping back somewhat after the earlier surge. The prior 11.0% gain measured the change from two weeks ago, while the latest 3.2% figure compares the current week’s applications to last week’s elevated levels.
The deceleration suggests that some of the previously pent-up demand may have already been realized, or that buyers and refinancers are becoming more cautious. Markets will be watching upcoming releases to gauge whether this is the start of a broader cooling trend or a brief pause following strong activity.