US Mortgage Applications Rebound
2026-08-12 11:14
By
Andre Joaquim
1 min. read
The volume of mortgage applications in the US rose by 3.6% on the first week of August, the largest increase in two months, and rebounding from two straight periods of decline, according to data compiled by the Mortgage Bankers Association.
The result was aligned with the slight respite for benchmark mortgage rates, tracking the momentary recovery for long-term Treasury bonds from their slide multi-decade highs.
Applications to refinance a mortgage, which are more sensitive to short-term changes in interest rates, rose by 5%.
In turn, applications for a mortgage to purchase a home rose by 3%.