United States Mortgage Applications

Last Release

Jun 20, 2025

Actual

1.1

Units In

-2.6

Frequency

Weekly

Next Release

Jul 09, 2025

Time to Release

6 Days 21 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

The volume of mortgage applications in the US rose by 2.7% from the previous week in the last week of June 2025, extending the 1.1% increase in the earlier period, according to data compiled by the Mortgage Bankers Association. The increase was consistent with another drop in benchmark mortgage rates, with that on the 30-year fixed mortgage dropping 9bps to a near three-month low of 6.79%. Benchmark borrowing costs moved in tandem with longer-dated Treasury yields amid lower concerns of high inflation and tariffs. Applications for a contract to refinance a mortgage, which is more sensitive to short term changes in interest rates, surged by 7%. In turn, applications for a mortgage to purchase a new home were loosely unchanged.