Mortgage applications in the US went up 2.3% in the week ending August 25, 2023, after five consecutive week of falls, with applications to refinance a home loan rising 2.5% and those to buy a home increasing 2%, data from the Mortgage Bankers Association data showed. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) was unchanged at 7.31%, remaining the highest since December 2000. source: Mortgage Bankers Association of America

Mortgage Applications in the United States averaged 0.57 percent from 1990 until 2023, reaching an all time high of 112.10 percent in November of 2008 and a record low of -40.50 percent in January of 1993. 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 August of 2023.

Ok
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.

API Features Documentation Interested? Click here to contact us
Please Paste this Code in your Website
Width
Height
 Preview

United States MBA Mortgage Applications



Calendar GMT Reference Actual Previous Consensus TEForecast
2023-08-23 11:00 AM MBA Mortgage Applications Aug/18 -4.2% -0.8%
2023-08-30 11:00 AM MBA Mortgage Applications Aug/25 2.3% -4.2%
2023-09-06 11:00 AM MBA Mortgage Applications Sep/01 2.3%


Related Last Previous Unit Reference
Mortgage Rate 7.31 7.31 percent Aug 2023
Mortgage Applications 2.30 -4.20 percent Aug 2023
Average Mortgage Size 413.10 407.70 Thousand USD Aug 2023
MBA Purchase Index 144.90 142.00 points Aug 2023
MBA Mortgage Refinance Index 407.10 397.10 points Aug 2023
MBA Mortgage Market Index 189.00 184.80 points Aug 2023

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. The survey covers over 75% of all US retail residential mortgage applications.
Actual Previous Highest Lowest Dates Unit Frequency
2.30 -4.20 112.10 -40.50 1990 - 2023 percent Weekly
SA

News Stream
US Mortgage Applications Rebound 2.3%: MBA
Mortgage applications in the US went up 2.3% in the week ending August 25, 2023, after five consecutive week of falls, with applications to refinance a home loan rising 2.5% and those to buy a home increasing 2%, data from the Mortgage Bankers Association data showed. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) was unchanged at 7.31%, remaining the highest since December 2000.
2023-08-30
US Mortgage Applications Down for 5th Week: MBA
Mortgage applications in the US fell 4.2% in the week ending August 18, 2023, a fifth consecutive decline, with applications to refinance a home loan falling 2.8% and those to buy a home down 5%, data from the Mortgage Bankers Association data showed. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) rose 15 bps to 7.31%, the highest since December 2000. “Treasury yields continued to spike last week as markets grappled with illiquidity and concerns that the resilient economy will keep inflation stubbornly high,” said Joel Kan, an MBA economist in a release.
2023-08-23
US Mortgage Applications Fall for 4th Week: MBA
Mortgage applications in the US decreased 0.8% in the week ending August 11, 2023, a fourth consecutive decline, with applications to refinance a home loan falling 1.9% and those to buy a home down 0.3%, data from the Mortgage Bankers Association data showed. Meanwhile, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($726,200 or less) rose 7 bps to 7.16%, the highest since October 2022. “Treasury rates were elevated again last week following mixed data on inflation and more indication of resiliency in the economy, which may pose a challenge to the Federal Reserve’s efforts to lower inflation,” said Joel Kan, an MBA economist, in a release.
2023-08-16