Residential Mortgage Demand Hits Five-Year Low in Q4 2026
According to data from Renaissance Macro Research, demand for residential mortgages experienced a significant decline in the fourth quarter of 2026. The net share of bank loan officers reporting stronger demand fell to -31.3%, representing the weakest level observed in five years. This sharp contraction reflects a cooling housing market and suggests tightening credit conditions or reduced consumer appetite for new loans. The data indicates a substantial shift in lending sentiment, marking one of the most significant downturns in mortgage activity within recent history.
Topics: banking sector loan demand Renaissance Macro Research residential mortgages