Mortgage Application in the United States increased by 9.40 percent in the week ending July 4 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.

Graph and download economic data for New Home Mortgage Applications for United States (M0264BUSM500NNBR) from Jan 1947 to Mar 1956 about mortgage, new, housing, and USA.

MBA Mortgage Market Index in the United States increased to 281.60 points in July 4 from 257.50 points in the previous week. This dataset includes a chart with historical data for the United States MBA Mortgage Market Index.

Out of the ** million mortgage applications in the United States in 2021, roughly ** 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 ** million loan originations worth almost *** trillion U.S. dollars, while for Black and African American applicants, this figure stood at roughly ******* originations and *** billion U.S. dollars, respectively. The the number of mortgages originated to Asian applicants was slightly higher at *******.

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 190 billion U.S. dollars in the fourth 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 304 billion U.S. dollars in the fourth quarter of 2024. According to the forecast, mortgage lending is expected to slightly increase until the end of 2026. The cost of mortgage borrowing in the U.S. Mortgage interest rates in the U.S. rose dramatically in 2022, peaking in the final quarter of 2024. In 2020, a homebuyer could lock in a 30-year fixed interest rate of under three percent, whereas in 2024, the average rate for the same mortgage type exceeded 6.6 percent. This 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.

Graph and download economic data for Existing Home Mortgage Applications for United States (M0263AUSM500NNBR) from Jan 1938 to Dec 1940 about mortgage, housing, and USA.

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: Mortgage Loan Applications Index: VA: sa data was reported at 104.900 25Jul2014=100 in 20 Jul 2018. This records a decrease from the previous number of 105.500 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: VA: sa data is updated weekly, averaging 125.100 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 214.900 25Jul2014=100 in 08 Jul 2016 and a record low of 72.100 25Jul2014=100 in 28 Mar 2014. United States WAS: Mortgage Loan Applications Index: VA: sa 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.

United States WAS: Mortgage Loan Applications Index: USDA: sa data was reported at 66.700 25Jul2014=100 in 20 Jul 2018. This records an increase from the previous number of 59.100 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: USDA: sa data is updated weekly, averaging 75.900 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 103.600 25Jul2014=100 in 04 Jul 2014 and a record low of 47.000 25Jul2014=100 in 17 Jan 2014. United States WAS: Mortgage Loan Applications Index: USDA: sa 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.

MBA Mortgage Refinance Index in the United States increased to 829.30 points in July 4 from 759.70 points in the previous week. This dataset includes a chart with historical data for the United States MBA Mortgage Refinance Index.

Fixed 30-year mortgage rates in the United States averaged 6.77 percent in the week ending July 4 of 2025. This dataset provides the latest reported value for - United States MBA 30-Yr Mortgage Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mortgage Originations in the United States decreased to 425.63 Billion USD in the first quarter of 2025 from 465.35 Billion USD in the fourth quarter of 2024. This dataset includes a chart with historical data for the United States Mortgage Originations.

In 2021, there were over ************ 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 ************ worth *** trillion U.S. dollars, while for Black and African American applicants, these figure stood at roughly ******* applications worth *** billion U.S. dollars . The number of home purchase mortgage applications by Asian applicants was slightly lower at *******.

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.

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.

US Mortgage/Loan Brokers Market Analysis The US mortgage/loan brokers market is substantial, valued at USD XX million in 2025 with a projected CAGR of 5.00% during 2025-2033. This growth is attributed to factors such as rising demand for home ownership, increasing home values, and low interest rates. The market is segmented by component (products, services), enterprise (large, small, medium-sized), application (home loans, commercial loans, etc.), end-user (business, individuals), and region. Prominent players include Quicken Loans, Wells Fargo, and Caliber Home Loans. Market Drivers and Trends The growth of the US mortgage/loan brokers market is driven by several factors, including the increasing demand for residential and commercial construction, government incentives for home ownership, and the availability of various loan options. Additionally, technological advancements, such as online loan applications and mobile banking, are simplifying the loan application process. However, rising interest rates and stricter lending regulations pose potential challenges to the market's growth. Nonetheless, the growing need for mortgages and the increasing complexity of loan processes are expected to drive the market's expansion in the coming years. Recent developments include: November 2022: A digital home equity line of credit was introduced by loanDepot, one of the country's biggest non-bank retail mortgage lenders, against the backdrop of inflation and rising consumer debt., October 2022: Pennymac Financial Services launched POWER+, its next generation broker technology platform. Brokers will now have more speed and control over the mortgage process to deliver an exceptional experience to their customers and referral partners.. Notable trends are: Adoption of the New Technologies Driving the Market.

The USA home loan market is experiencing robust growth, projected to maintain a Compound Annual Growth Rate (CAGR) of 18% from 2025 to 2033. While the exact market size for 2025 is not provided, considering a typical large market size and the substantial growth rate, a reasonable estimate would place the market value at approximately $2 trillion in 2025. This significant expansion is driven by several key factors, including a rising population, increasing urbanization, favorable government policies promoting homeownership, and historically low-interest rates (though this last factor is less significant in recent years). The market is witnessing a shift towards digital platforms and online mortgage applications, streamlining the process for borrowers and increasing competition amongst lenders. However, challenges remain, such as fluctuating interest rates, potential economic downturns impacting affordability, and stringent lending regulations designed to protect borrowers. The competitive landscape is dominated by major players like Rocket Mortgage, LoanDepot, Wells Fargo, and Bank of America, along with regional and independent mortgage lenders. These companies are constantly innovating to cater to evolving customer preferences, offering personalized services, and leveraging data analytics for improved risk assessment. The market segmentation is likely diverse, encompassing various loan types (e.g., fixed-rate, adjustable-rate, FHA, VA loans), loan amounts, and borrower demographics. Future growth will depend on macroeconomic factors, including inflation, employment rates, and overall consumer confidence. Continued technological advancements and regulatory changes will significantly influence the market trajectory throughout the forecast period. Key drivers for this market are: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Potential restraints include: Increase in digitization in mortgage lending market, Increase in innovations in software designs to speed up the mortgage-application process. Notable trends are: Growth in Nonbank Lenders is Expected to Drive the Market.

MBA Purchase Index in the United States increased to 180.90 points in July 4 from 165.30 points in the previous week. This dataset includes a chart with historical data for the United States MBA Purchase Index.

United States WAS: Mortgage Loan Applications Index: FHA: sa: Refinance data was reported at 80.300 25Jul2014=100 in 20 Jul 2018. This records a decrease from the previous number of 86.800 25Jul2014=100 for 13 Jul 2018. United States WAS: Mortgage Loan Applications Index: FHA: sa: Refinance data is updated weekly, averaging 134.100 25Jul2014=100 from Jan 2014 (Median) to 20 Jul 2018, with 236 observations. The data reached an all-time high of 317.900 25Jul2014=100 in 06 Feb 2015 and a record low of 72.300 25Jul2014=100 in 26 Dec 2014. United States WAS: Mortgage Loan Applications Index: FHA: sa: Refinance 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.

The value of refinance applications for mortgages in the United States soared during the COVID-19 pandemic, followed by a drop in 2021. In the week ending September 13, 2024, Fannie Mae's dollar value Refinance Application-Level Index (RALI) amounted to 262.7 index points, down from 1,451 index points when the market peaked in March 2020. The index measures the development of the value of mortgage refinance applications, with the first week of 2004 chosen as a baseline year. An index value of 150 suggests an increase in the value of refinance applications of 50 percent since the baseline period.