United States Mortgage Applications

Last Release

Apr 11, 2025

Actual

-8.5

Units In

Frequency

Weekly

Next Release

Apr 23, 2025

Time to Release

5 Days 1 Hours

Highest	Lowest	Average	Date Range	Source
112.1 Nov 2008	-40.5 Jan 1993	0.58 %	1990-2025	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 application volumes in the US slumped by 8.5% from the previous week in the second week of April, the sharpest decline since the start of the year to trim the 20% surge from the earlier week, according to data compiled by the Mortgage Bankers Association. The slump was in line with higher benchmark mortgage rates after the escalation of tariffs by the US against major trading partners triggered a selloff in long-dated Treasury securities and asset-backed securities. Applications to refinance a home, which are more sensitive to short-term changes in interest rates, slumped by 12% on the week. In turn, applications for a mortgage to buy a new home fell by 5% despite evidence of higher inventory.