Mortgage News:
 
Same Old Story For Pending Home Sales
4/24/2026 12:04 PM
Short version: The Pending Home Sales Index remains in the same low, narrow, sideways range that"s been intact for 3 years. The good news is that there"s been a reliable floor. The bad news is that the top of the range lines up with the historic lows seen in 2010 (April 2020 notwithstanding).  Longer version: Pending home sales moved m...Read More
 
Strong Purchase Demand Drives Solid Week For Mortgage Applications
4/24/2026 11:49 AM
Mortgage applications surged last week, posting a strong rebound as declining rates and improving market sentiment drove broad-based gains. The Mortgage Bankers Association (MBA) reported a 7.9% increase on a seasonally adjusted basis for the week ending April 17. Both refinance and purchase activity contributed to the increase, with the Refinan...Read More
 
Builder Sentiment Drops to Seven-Month Low in April
4/17/2026 1:17 PM
Builder confidence fell sharply in April as rising costs and economic uncertainty weighed on sentiment heading into the spring buying season. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index (HMI) dropped four points to 34 , its lowest level since September 2025. The decline marks a notable setback after modest ga...Read More
 
Mortgage Application Demand Finally Bounces
4/17/2026 1:13 PM
Mortgage applications ticked higher last week, reversing recent declines as easing rates provided a modest boost to activity. The Mortgage Bankers Association (MBA) reported a 1.8% increase on a seasonally adjusted basis for the week ending April 10. Refinance activity led the gain, with the Refinance Index rising 5% from the previous week and...Read More
 
Existing Home Sales Remain Flat in The Bigger Picture
4/17/2026 12:49 PM
Existing-home sales pulled back in March, reversing February’s modest gains as affordability pressures and rising mortgage rates continued to weigh on buyer activity. Sales fell 3.6% to a seasonally adjusted annual rate of 3.98 million , slipping 1.0% below year-ago levels. “March home sales remained sluggish and below last year’s pace,” sa...Read More
 
Mortgage Demand Contracted at a Slower Pace Last Week
4/10/2026 12:30 PM
Mortgage applications dipped again last week, though the pace of decline slowed considerably. The Mortgage Bankers Association (MBA) reported a 0.8% decrease on a seasonally adjusted basis for the week ending April 3. Refinance activity continued to weaken, with the Refinance Index falling 3% from the previous week and now sitting 4% below y...Read More
 
Another Big Drop in Refi Demand, But Still Higher Year Over Year
4/1/2026 1:58 PM
Mortgage applications fell  for the third consecutive week amid an increasingly volatile rate environment. The Mortgage Bankers Association (MBA) reported a decrease of 10.4% on a seasonally adjusted basis for the week ending March 27. The Refinance Index fell 17% from the previous week, but remains 33% higher than the same week one ye...Read More
 
No Surprise: Refi Demand Sapped by Rate Spike
3/27/2026 12:44 PM
Mortgage application activity declined for the second consecutive week as rising interest rates continued to weigh on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.5% on a seasonally adjusted basis for the week ending March 20. Both major components moved lower. The Refinance Index fell 15% from the previous week, th...Read More
 
New Home Sales Plunge to 3-Year Lows
3/20/2026 1:15 PM
New home sales took a notable step back in January, reversing much of the prior month’s strength and highlighting the volatility that often defines this data series. The Census Bureau reported a seasonally adjusted annual rate of 587,000 , down sharply from December’s 712,000 and 11.3% lower than January 2025. For-sale inventory moved slightl...Read More
 
Reality Check For Refi Demand
3/20/2026 1:08 PM
NOTE: the rates discussed in this article are from MBA"s weekly survey and pertain to last week.  This week"s rates have already moved significantly higher according to our daily data. Mortgage application activity fell sharply last week as rising rates weighed on demand. The Mortgage Bankers Association (MBA) reported a decrease of 10.9% o...Read More




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