US Mortgage Applications Fall for 2nd Week

2026-05-06 11:05 By Andre Joaquim 1 min. read

Mortgage applications int he US dropped by 4.4% from the previous week in the last week of April, extending the 2.6% drop in the previous week, according to data compiled by the Mortgage Bankers Association.

The drop was aligned with the 8bps increase in benchmark mortgage rates, prompted by an increase in Treasury yields of longer maturities in the period as soaring energy prices, evidence of higher underlying inflation and a robust labor market promoted bets of a Fed hike this year.

Applications for a contract to refinance a mortgage, which are sensitive to short-term changes in interest rates, fell by 5%.

In turn, applications for a mortgage to purchase a new home fell by 3.7%.



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US Mortgage Applications Fall for 2nd Week
Mortgage applications int he US dropped by 4.4% from the previous week in the last week of April, extending the 2.6% drop in the previous week, according to data compiled by the Mortgage Bankers Association. The drop was aligned with the 8bps increase in benchmark mortgage rates, prompted by an increase in Treasury yields of longer maturities in the period as soaring energy prices, evidence of higher underlying inflation and a robust labor market promoted bets of a Fed hike this year. Applications for a contract to refinance a mortgage, which are sensitive to short-term changes in interest rates, fell by 5%. In turn, applications for a mortgage to purchase a new home fell by 3.7%.
2026-05-06
US Mortgage Applications Edge Lower
Mortgage applications in the US fell by 1.6% from the previous week on the period ending April 24th, trimming the 7.9% jump from the earlier period, according to data compiled by the Mortgage Bankers Association. The slight pullback was aligned with a 2bps increase in the benchmark mortgage rate that is also compiled by the MBA, tracking the increase in long-term Treasury yields as upside inflation risks from higher energy costs limited the room for rate cuts by the Federal Reserve. Applications for a contract to refinance a mortgage, which are more sensitive to short-term changes in rates, fell by 4.4%. In turn, applications for a mortgage to purchase a new home, inched higher by 1.1%.
2026-04-29
Home Purchases Carry US Mortgage Applications
Mortgage applications in the US jumped 7.8% from the previous week on the period ending April 17th, extending the 1.8% increase from the earlier period, according to data compiled by the Mortgage Bankers Association. The increase was aligned with a 7bps reduction in benchmark mortgage rates during the period, tracking the pullback in long-term Treasury yields as markets gauged risks to domestic inflation in a backdrop of higher energy prices. Applications for contracts to refinance a mortgage, which are more sensitive to short-term interest rate changes, jumped by 5.8%. In turn, applications for a mortgage to purchase a home, surged 10% following multiple weeks of deferral purchases.
2026-04-22