Mortgage Application in the United States decreased by 2 percent in the week ending March 21 of 2025 over the previous week. This dataset provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news.

The value of mortgage applications for home purchase in the United States exceeded three trillion U.S. dollars in 2021. That included applications with different outcomes, such as loan origination, application denied, withdrawn by applicant, and other. White applicants accounted for the highest number applications and originations. The value of home purchase mortgage applications by white applicants was approximately 1.6 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 176 billion U.S. dollars. The the value of mortgage applications by Asian applicants was slightly higher at 276 billion U.S. dollars.

MBA Mortgage Market Index in the United States decreased to 247.50 points in March 21 from 252.50 points in the previous week. This dataset includes a chart with historical data for the United States MBA Mortgage Market Index.

United States WAS: Mortgage Loan Applications Index: FHA: sa: Purchase data was reported at 93.700 25Jul2014=100 in 20 Jul 2018. This records a decrease from the previous number of 100.100 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: FHA: sa: Purchase data is updated weekly, averaging 103.250 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 146.300 25Jul2014=100 in 02 Oct 2015 and a record low of 64.400 25Jul2014=100 in 21 Feb 2014. United States WAS: Mortgage Loan Applications Index: FHA: sa: Purchase data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.KA016: Weekly Applications Survey: Mortgage Loan Applications.

In 2021, there were over nine million mortgage applications for home purchase in the United States. These include applications with different outcomes, such as loan origination, application denied, withdrawn by applicant, and other. White applicants accounted for the largest number of home purchase applications, amounting to over five million worth 1.6 trillion U.S. dollars, while for Black and African American applicants, these figure stood at roughly 685,000 applications worth 176 billion U.S. dollars . The number of home purchase mortgage applications by Asian applicants was slightly lower at 592,000.

Out of the 26 million mortgage applications in the United States in 2021, roughly 15 million resulted in mortgage originations. That included applications for home purchase, home improvement, refinancing, cash out refinancing, and other purposes. White applicants accounted for approximately 10 million loan originations worth almost 2.9 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 875,000 originations and 222 billion U.S. dollars, respectively. The the number of mortgages originated to Asian applicants was slightly higher at 981,000.

The Home Mortgage Disclosure Act (HMDA): Loan Application Register (LAR) and Transmittal Sheet (TS) Raw Data, 2013 contains information collected in calendar year 2012. The HMDA, enacted by Congress in 1975, that requires most mortgage lenders located in metropolitan areas to report data about their housing-related lending activity. The HMDA data were collected from 7,400 lending institutions and cover approximately 18.7 million home purchase and home improvement loans and refinancings, including loan originations, loan purchases, and applications that were denied, incomplete, or withdrawn. The Private Mortgage Insurance Companies (PMIC) data refer to applications for mortgage insurance to insure home purchase mortgages and to insure mortgages to refinance existing obligations. Part 1, HMDA Transmittal Sheet (TS), and Part 4, PMIC Transmittal Sheet (TS), include information submitted by reporting institutions with the Loan Application Register (LAR), such as the reporting institution's name, address, and Tax ID. Part 2, HMDA Reporter Panel, and Part 5, PMIC Reporter Panel, contain information on all institutions that reported data for activity year 2012. Part 3, HMDA MSA Offices, contains information on all metropolitan statistical areas in the data. Parts 6 through 792 contain HMDA and PMIC Loan Application Register (LAR) files at the national level, at the agency level, and by MSA/MD. With some exceptions, for each transaction the institution reported data about the loan (or application), such as the type and amount of the loan made (or applied for) and, in limited circumstances, its price, the disposition of the application, such as whether it was denied or resulted in an origination of a loan, the property to which the loan relates, such as its type (single-family versus multi-family), and location (including the census tract), the sale of the loan, if it was sold, and the applicant's and co-applicant's ethnicity, race, sex, and income.

The Home Mortgage Disclosure Act (HMDA): Loan Application Register (LAR) and Transmittal Sheet (TS) Raw Data, 2008 contains information collected in calendar year 2007. The HMDA, enacted by Congress in 1975, requires most mortgage lenders located in metropolitan areas to report data about their housing-related lending activity. The HMDA data were collected from 8,610 lending institutions and cover approximately 26.6 million home purchase and home improvement loans and refinancings, including loan originations, loan purchases, and applications that were denied, incomplete or withdrawn. The Private Mortgage Insurance Companies (PMIC) data refer to applications for mortgage insurance to insure home purchase mortgages and to insure mortgages to refinance existing obligations. Part 1, HMDA Transmittal Sheet (TS), and Part 4, PMIC Transmittal Sheet (TS), include information submitted by reporting institutions with the Loan Application Register (LAR), such as the reporting institution's name, address, and Tax ID. Part 2, HMDA Reporter Panel, and Part 5, PMIC Reporter Panel, contain information on all institutions that reported data in activity year 2007. Part 3, HMDA MSA Offices, and Part 6, PMIC MSA Offices, contain information on all metropolitan statistical areas in the data. Parts 7 through 794 contain HMDA and PMIC Loan Application Register (LAR) files at the national level, at the agency level, and by MSA/MD. With some exceptions, for each transaction the institution reported data about the loan (or application), such as the type and amount of the loan made (or applied for) and, in limited circumstances, its price, the disposition of the application, such as whether it was denied or resulted in an origination of a loan, the property to which the loan relates, such as its type (single-family versus multi-family), and location (including the census tract), the sale of the loan, if it was sold, and the applicant's and co-applicant's ethnicity, race, sex, and income.

MBA Purchase Index in the United States increased to 155.80 points in March 21 from 154.70 points in the previous week. This dataset includes a chart with historical data for the United States MBA Purchase Index.

The value of mortgage applications in the United States came close to eight trillion U.S. dollars in 2021, with loan originations amounting to 4.8 trillion U.S. dollars. This includes applications for home purchase, home improvement, refinancing, cash out refinancing, and other purposes. White applicants accounted for the highest number applications and originations. The value of mortgages originated to White applicants was almost 2.9 trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly 223 billion U.S. dollars. The the value of mortgages originated to Asian applicants was higher at 415 billion U.S. dollars.

United States WAS: Average Loan Size: VA: Purchase data was reported at 276.300 USD th in 20 Jul 2018. This records a decrease from the previous number of 281.000 USD th for 13 Jul 2018. United States WAS: Average Loan Size: VA: Purchase data is updated weekly, averaging 256.200 USD th from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 285.500 USD th in 06 Apr 2018 and a record low of 220.400 USD th in 17 Jan 2014. United States WAS: Average Loan Size: VA: Purchase data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.KA016: Weekly Applications Survey: Mortgage Loan Applications.

Mortgage lending information comes from the Federal Financial Institutions Examination Council's (FFIEC) Home Mortgage Disclosure Act (HMDA) data. Loan originations are the creation of a loan after bank approval. Loan origination rates are calculated from the number of loan applications that were either approved or denied—what is termed as decisioned applications. For all charts, the loan’s purpose can be selected via a dropdown list. Trends are summarized by all loan purposes and by Loans for home purchase, home improvement, or refinancing.

The U.S. mortgage market has declined notably since 2020 and 2021, mostly due to the effect of higher borrowing costs on refinance mortgages. The value of refinancing mortgage originations, amounted to 86 billion U.S. dollars in the first quarter of 2024, down from a peak of 851 billion U.S. dollars in the fourth quarter of 2020. The value of mortgage loans for the purchase of a property recorded milder fluctuations, with a value of 291 billion U.S. dollars in the first quarter of 2024, and a market peak of 477 billion U.S. dollars in the first quarter of 2022. According to the forecast, mortgage lending is expected to slightly increase until the end of 2025. The cost of mortgage borrowing in the U.S. Mortgage interest rates in the U.S. rose dramatically in 2022 and continued to increase in 2023. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2023, the average rate for the same mortgage type exceeded seven percent. That has led to a decline in homebuyer sentiment, and an increasing share of the population pessimistic about buying a home in the current market. The effect of a slower housing market on property prices and rents According to the S&P/Case Shiller U.S. National Home Price Index, housing prices experienced a slight correction in early 2023, as property transactions declined. Nevertheless, the index continued to grow in the following months. On the other hand, residential rents have increased steadily since 2000.

The Home Mortgage Disclosure Act (HMDA): Loan Application Register (LAR) and Transmittal Sheet (TS) Raw Data, 2011 contains information collected in calendar year 2010. The HMDA, enacted by Congress in 1975, requires most mortgage lenders located in metropolitan areas to report data about their housing-related lending activity. The HMDA data were collected from 7,923 lending institutions and cover approximately 16.3 million home purchase and home improvement loans and refinancings, including loan originations, loan purchases, and applications that were denied, incomplete, or withdrawn. The Private Mortgage Insurance Companies (PMIC) data refer to applications for mortgage insurance to insure home purchase mortgages and to insure mortgages to refinance existing obligations. Part 1, HMDA Transmittal Sheet (TS), and Part 4, PMIC Transmittal Sheet (TS), include information submitted by reporting institutions with the Loan Application Register (LAR), such as the reporting institution's name, address, and Tax ID. Part 2, HMDA Reporter Panel, and Part 5, PMIC Reporter Panel, contain information on all institutions that reported data for activity year 2010. Part 3, HMDA MSA Offices, and Part 6, PMIC MSA Offices, contain information on all metropolitan statistical areas in the data. Parts 7 through 799 contain HMDA and PMIC Loan Application Register (LAR) files at the national level, at the agency level, and by MSA/MD. With some exceptions, for each transaction the institution reported data about the loan (or application), such as the type and amount of the loan made (or applied for) and, in limited circumstances, its price, the disposition of the application, such as whether it was denied or resulted in an origination of a loan, the property to which the loan relates, such as its type (single-family versus multi-family), and location (including the census tract), the sale of the loan, if it was sold, and the applicant's and co-applicant's ethnicity, race, sex, and income.

United States WAS: Average Loan Size: Purchase data was reported at 307.700 USD th in 16 Nov 2018. This records an increase from the previous number of 306.300 USD th for 09 Nov 2018. United States WAS: Average Loan Size: Purchase data is updated weekly, averaging 205.800 USD th from Jan 1990 (Median) to 16 Nov 2018, with 1507 observations. The data reached an all-time high of 322.300 USD th in 12 May 2017 and a record low of 98.500 USD th in 06 Apr 1990. United States WAS: Average Loan Size: Purchase data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s United States – Table US.KB008: Mortgage Loan Applications: Weekly Applications Survey.

United States WAS: Conventional Loans % the Total Purchase Loan Ammounts data was reported at 79.900 % in 20 Jul 2018. This records an increase from the previous number of 79.200 % for 13 Jul 2018. United States WAS: Conventional Loans % the Total Purchase Loan Ammounts data is updated weekly, averaging 78.800 % from Jan 2011 (Median) to 20 Jul 2018, with 393 observations. The data reached an all-time high of 81.700 % in 20 Oct 2017 and a record low of 60.900 % in 15 Apr 2011. United States WAS: Conventional Loans % the Total Purchase Loan Ammounts data remains active status in CEIC and is reported by Mortgage Bankers Association. The data is categorized under Global Database’s USA – Table US.KA016: Weekly Applications Survey: Mortgage Loan Applications.

This layer was developed by the Research & Analytics Group of the Atlanta Regional Commission, using Home Mortgage Disclosure Act (HMDA) data to show mortgage loan applications, originations, denials, and applicant income, for 2013, by census tract in the Atlanta Region.

Attributes:

GEOID10 = 2010 Census tract identifier (combination of FIPS codes for state, county, and tract)

County = County identifier (combination of Federal Information Processing Series (FIPS) codes for state and county)

Area_Name = 2010 Census tract number and county name

Total_Population_ACS_2016 = # Total population estimate, 2016 (American Community Survey)

Total_Population_ACS_MOE_2016 = # Total population estimate (Margin of Error), 2016 (American Community Survey)

Planning_Region = Planning region designation for ARC purposes

AcresLand = Land area within the tract (in acres)

AcresWater = Water area within the tract (in acres)

AcresTotal = Total area within the tract (in acres)

SqMi_Land = Land area within the tract (in square miles)

SqMi_Water = Water area within the tract (in square miles)

SqMi_Total = Total area within the tract (in square miles)

TRACTCE10 = Census tract Federal Information Processing Series (FIPS) code. Census tracts are identified by an up to four-digit integer number and may have an optional two-digit suffix; for example 1457.02 or 23. The census tract codes consist of six digits with an implied decimal between the fourth and fifth digit corresponding to the basic census tract number but with leading zeroes and trailing zeroes for census tracts without a suffix. The tract number examples above would have codes of 145702 and 002300, respectively.

CountyName = County Name

ALL_LOAN_APPS_2013 = All Loan Applications, 2013

ALL_LOAN_ORIG_2013 = All Loan Originations, 2013

ALL_LOAN_DENIALS_2013 = All Loan Denials, 2013

HOME_PURCH_LOAN_APPS_2013 = Home Purchase Loan Applications, 2013

HOME_PURCH_LOAN_ORIG_2013 = Home Purchase Loan Originations, 2013

HOME_PURCH_LOAN_DENIALS_2013 = Home Purchase Loan Denials, 2013

HOME_REFI_LOAN_APPS_2013 = Home Refinancing Loan Applications, 2013

HOME_REFI_LOAN_ORIG_2013 = Home Refinancing Loan Originations, 2013

HOME_REFI_LOAN_DENIALS_2013 = Home Refinancing Loan Denials, 2013

MED_AMT_LOAN_APLD_1K = Median Amount of Loan Applied for, $1k

MED_AMT_LOAN_ORIG_1K = Median Amount of Loan Originated, $1k

MED_AMT_LOAN_DEND_1K = Median Amount of Loan Denied, $1k

MED_AMT_HOME_PURCH_LOAN_APLD_1K = Median Amount of Home Purchase Loan Applied for, $1k

MED_AMT_HOME_PURCH_LOAN_ORIG_1K = Median Amount of Home Purchase Loan Originated, $1k

MED_AMT_HOME_PURCH_LOAN_DEND_1K = Median Amount of Home Purchase Loan Denied, $1k

MED_AMT_HOME_REFI_LOAN_APLD_1K = Median Amount of Home Refinancing Loan Applied for, $1k

MED_AMT_HOME_REFI_LOAN_ORIG_1K = Median Amount of Home Refinancing Loan Originated, $1k

MED_AMT_HOME_REFI_LOAN_DEND_1K = Median Amount of Home Refinancing Loan Denied, $1k

MED_INCOME_FOR_LOAN_APLD_1K = Median Applicant Income for Loan Applied for, $1k

MED_INCOME_FOR_LOAN_ORIG_1K = Median Applicant Income for Loan Originated, $1k

MED_INCOME_FOR_LOAN_DEND_1K = Median Applicant Income for Loan Denied, $1k

MED_INCOME_PURCH_LOAN_APLD_1K = Median Applicant Income for Home Purchase Loan Applied for, $1k

MED_INCOME_PURCH_LOAN_ORIG_1K = Median Applicant Income for Home Purchase Loan Originated, $1k

MED_INCOME_PURCH_LOAN_DEND_1K = Median Applicant Income for Home Purchase Loan Denied, $1k

MED_INCOME_REFI_LOAN_APLD_1K = Median Applicant Income for Home Refinancing Loan Applied for, $1k

MED_INCOME_REFI_LOAN_ORIG_1K = Median Applicant Income for Home Refinancing Loan Originated, $1k

MED_INCOME_REFI_LOAN_DEND_1K = Median Applicant Income for Home Refinancing Loan Denied, $1k

LOANS_ORIG_PER_SQ_MI_2013 = Loans Originated per Square Mile, 2013

HOME_PURCH_LOANS_ORIG_SQMI_2013 = Loans Originated for Home Purchase per Square Mile, 2013

HOME_REFI_LOANS_ORIG_SQMI_2013 = Loans Originated for Home Refinancing per Square Mile, 2013

PCT_LOAN_APPS_ORIG_2013 = % of Loan Applications Originated, 2013

PCT_HOME_PURCH_LN_APPS_ORG_2013 = % of Home Purchase Loan Applications Originated, 2013

PCT_HOME_REFI_LN_APPS_ORG_2013 = % of Home Refinancing Loan Applications Originated, 2013

last_edited_date = Last date the feature was edited by ARC

Source: Home Mortgage Disclosure Act (HMDA), Atlanta Regional Commission

Date: 2013

For additional information, please visit the Atlanta Regional Commission at www.atlantaregional.com.

Applications received from flat buyers and existing flat owners to finance purchases or refinance existing mortgage loans with bank loans

The Home Mortgage Disclosure Act (HMDA): Loan Application Register (LAR) and Transmittal Sheet (TS) Raw Data, 2007 contains information collected in calendar year 2006. The HMDA, enacted by Congress in 1975, requires most mortgage lenders located in metropolitan areas to report data about their housing-related lending activity. The HMDA data were collected from 8,886 lending institutions and cover approximately 34.1 million home purchase and home improvement loans and refinancings, including loan originations, loan purchases, and applications that were denied, incomplete or withdrawn. The Private Mortgage Insurance Companies (PMIC) data refer to applications for mortgage insurance to insure home purchase mortgages and to insure mortgages to refinance existing obligations. Part 1, HMDA Transmittal Sheet (TS), and Part 4, PMIC Transmittal Sheet (TS), include information submitted by reporting institutions with the Loan Application Register (LAR), such as the reporting institution's name, address, and Tax ID. Part 2, HMDA Reporter Panel, and Part 5, PMIC Reporter Panel, contain information on all institutions that reported data in activity year 2006. Part 3, HMDA MSA Offices, and Part 6, PMIC MSA Offices, contain information on all metropolitan statistical areas in the data. Parts 7 through 789 contain HMDA and PMIC Loan Application Register (LAR) files at the national level, at the agency level, and by MSA/MD. With some exceptions, for each transaction the institution reported data about the loan (or application), such as the type and amount of the loan made (or applied for) and, in limited circumstances, its price, the disposition of the application, such as whether it was denied or resulted in an origination of a loan, the property to which the loan relates, such as its type (single-family versus multi-family), and location (including the census tract), the sale of the loan, if it was sold, and the applicant's and co-applicant's ethnicity, race, sex, and income.

The total monthly number of mortgage approvals for the purpose of a house sale in the UK plummeted in 2020 during the COVID-10 pandemic, followed by a spike in the second half of the year. In 2021, interest rates started to rise, resulting in a decline in the volume of mortgage approvals declined. In 2024, mortgage approvals for home purchases started to increase, while remortgage approvals continued to fluctuate. Being approved for a mortgage is one of the first steps in purchasing a home, which makes it an early indicator of the development of transaction volumes. However, a mortgage approval does not necessarily mean that a sale is going to take place, as home buyers need to undergo several other steps to complete the sale: conveyancing, or the process of transferring the legal title of the property from the seller to the buyer, a property survey, contracts exchange, and closing.