Mortgage applications in the United States fell 1.9 percent in the week ended January 15th, following two consecutive weeks of increases, data from the Mortgage Bankers Association showed. Applications to refinance a home loan dropped 4.7 percent, but were up 87 percent year-on-year; while those to purchase a home rose 2.7 percent, and were 15 percent higher than a year ago. The average fixed 30-year mortgage rate was up 4 basis point to 2.92 percent last week, the highest level since late November. source: Mortgage Bankers Association of America
Mortgage Applications in the United States averaged 0.58 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 January of 2021.
Mortgage Applications in the United States is expected to be 1.70 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.