Redfin data shows mortgage-purchase applications rise 11% as 30-year fixed rate hits 6.19%

Reuters03-12 20:01
Redfin data shows mortgage-purchase applications rise 11% as 30-year fixed rate hits 6.19%

Redfin, which is powered by Rocket, reported that new listings of U.S. homes for sale rose 0.5% year over year in the four weeks ending March 8, the first increase since November. The report said mortgage-purchase applications increased 11% year over year as of the week ending March 6. Redfin’s Homebuyer Demand Index was down 16% year over year as of the week ending March 8. Google searches for “homes for sale” rose 26% year over year as of March 9. The full report is available at Redfin housing market update.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Rocket Companies Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202603120800BIZWIRE_USPR_____20260312_BW423656) on March 12, 2026, and is solely responsible for the information contained therein.

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