Mortgage applications in the US increased 4.2% in the week ending June 11th, the first rise in 4 weeks, data from the Mortgage Bankers Association showed. Applications to refinance a home loan surged 5.5% and purchases were up 1.1%. The average fixed 30-year mortgage rate edged down by 4 bps to 3.11 percent, the lowest in 5 weeks. “An almost 5 percent increase in government purchase applications drove most of last week’s gain while also tempering the recent growth in loan sizes,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said. source: Mortgage Bankers Association of America

Mortgage Applications in the United States averaged 0.52 percent from 2007 until 2021, reaching an all time high of 55.40 percent in March of 2020 and a record low of -38.80 percent in January of 2009. This page provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States MBA Mortgage Applications - data, historical chart, forecasts and calendar of releases - was last updated on June of 2021.

Mortgage Applications in the United States is expected to be -0.60 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mortgage Applications in the United States to stand at 2.60 in 12 months time. In the long-term, the United States MBA Mortgage Applications is projected to trend around 0.60 percent in 2022, according to our econometric models.

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United States MBA Mortgage Applications

Actual Previous Highest Lowest Dates Unit Frequency
4.20 -3.10 55.40 -38.80 2007 - 2021 percent Weekly
SA


Calendar GMT Actual Previous Consensus TEForecast
2021-05-26 11:00 AM 21/May -4.2% 1.2%
2021-06-02 11:00 AM 28/May -4% -4.2%
2021-06-09 11:00 AM 04/Jun -3.1% -4%
2021-06-16 11:00 AM 11/Jun 4.2% -3.1%
2021-06-23 11:00 AM 18/Jun 4.2%
2021-06-30 11:00 AM 25/Jun
2021-07-07 11:00 AM 02/Jul
2021-07-14 11:00 AM 09/Jul
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Mortgage Applications Rise the Most in 2 Months: MBA
Mortgage applications in the US increased 4.2% in the week ending June 11th, the first rise in 4 weeks, data from the Mortgage Bankers Association showed. Applications to refinance a home loan surged 5.5% and purchases were up 1.1%. The average fixed 30-year mortgage rate edged down by 4 bps to 3.11 percent, the lowest in 5 weeks. “An almost 5 percent increase in government purchase applications drove most of last week’s gain while also tempering the recent growth in loan sizes,” Joel Kan, MBA’s associate vice president of economic and industry forecasting, said.
2021-06-16
Mortgage Applications Continue to Fall: MBA
Mortgage applications in the US fell 3.1 percent in the week ending June 4th, the third consecutive weekly drop, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were down 5.1 percent, pushing the index to its lowest since February of 2020 while purchases edged up 0.3 percent. The average fixed 30-year mortgage rate edged down by 2 bps to 3.15 percent. “Home-price growth continues to accelerate, driven by favorable demographics, the recovering job market and economy, and housing demand far outpacing supply” Joel Kan, an economist at the MBA, said.
2021-06-09
Mortgage Applications Fall for 2nd Week: MBA
Mortgage applications in the US fell 4 percent in the week ending May 28th, following a 4.2 percent drop in the previous week, and pushing the index down to 665.9, the lowest since February of 2020, data from the Mortgage Bankers Association showed. Applications to refinance a home loan were down 4.6 percent and purchases declined 3.1 percent. The average fixed 30-year mortgage rate edged down by 1 bps to 3.17 percent. “Tight housing inventory, obstacles to a faster rate of new construction, and rapidly rising home prices continue to hold back purchase activity”, said Joel Kan, associate vice president of economic and industry forecasting at MBA.
2021-06-02
Mortgage Applications Drop as Interest Rates Rise: MBA
Mortgage applications in the US fell 4.2 percent in the week ending May 21st, the biggest fall in seven weeks as interest rates edged higher, data from the Mortgage Bankers Association showed. Applications to refinance a home loan sank 7.2 percent while purchases increased 1.7 percent. The average fixed 30-year mortgage rate went up by 3 bps to 3.18 percent, the highest in three weeks. "Demand is robust throughout the country, but homebuyers continue to be held back by the lack of homes for sale and rapidly increasing home prices”, said Joel Kan, an MBA economist.
2021-05-26

United States MBA Mortgage Applications
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.