United States Mortgage Applications

Last Release

Dec 06, 2024

Actual

5.4

Units In

2.8

Frequency

Weekly

Next Release

Dec 18, 2024

Time to Release

5 Days 12 Hours

Highest	Lowest	Average	Date Range	Source
112.1 Nov 2008	-40.5 Jan 1993	0.57 %	1990-2024	Mortgage Bankers Association of America

In the US, the MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions and mortgage banking companies. The entire market is represented by the Market Index which covers all mortgage applications during the week, whether for a purchase or to refinance.

Latest Updates

Mortgage applications in the US rose by 5.4% in the week ending December 6th, extending the 2.8% in the earlier period, according to data from the Mortgage Bankers Association. It marked the fifth consecutive period of growth in mortgage demand, aligned with a slight drop in mortgage rate benchmarks as hopes of slowing inflation raised expectations on the magnitude of rate cuts by the Fed and lowered yields on long-term Treasury securities. The growth was carried by a 30% surge in loans to refinance a mortgage, which are more sensitive to weekly changes in interest rates. In turn, volumes of applications for mortgages to purchase a new home fell by 4%.