Mortgage applications in the United States rose 1.1 percent in the week ended December 11th, rebounding from two straight weeks of declines, data from the Mortgage Bankers Association showed. Applications to purchase a home increased 1.8 percent, up 26 percent year-on-year; while those for refinance a home loan advanced 1.4 percent, up 105 percent year-on-year. The average fixed 30-year mortgage rate was down 5 bps to 2.85 percent last week, a record low. source: Mortgage Bankers Association of America
Mortgage Applications in the United States averaged 0.57 percent from 2007 until 2020, reaching an all time high of 55.40 percent in March of 2020 and a record low of -38.80 percent in January of 2009. 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 December of 2020.
Mortgage Applications in the United States is expected to be 1.70 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mortgage Applications in the United States to stand at 2.60 in 12 months time. In the long-term, the United States MBA Mortgage Applications is projected to trend around 0.90 percent in 2021 and 0.60 percent in 2022, according to our econometric models.