Mortgage applications in the United States went down 3.2 percent in the week ended November 9th 2018, after a 4 percent drop in the previous week, data from the Mortgage Bankers Association showed. Refinance applications decreased 4.3 percent and applications to purchase a home fell 2.3 percent. The average fixed 30-year mortgage rate rose by 2bps to 5.17 percent, the highest rate since April of 2010. Mortgage Applications in the United States averaged 0.39 percent from 2007 until 2018, reaching an all time high of 49.10 percent in January of 2015 and a record low of -38.80 percent in January of 2009.

Mortgage Applications in the United States is expected to be 1.20 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 3.50 in 12 months time. In the long-term, the United States MBA Mortgage Applications is projected to trend around 0.90 percent in 2020, according to our econometric models.

United States MBA Mortgage Applications
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-31 11:00 AM MBA Mortgage Applications -2.5% 4.9% 0.17%
2018-11-07 12:00 PM MBA Mortgage Applications -4% -2.5% 1.36%
2018-11-14 12:00 PM MBA Mortgage Applications -3.2% -4% 0.59%
2018-11-21 12:00 PM MBA Mortgage Applications -3.2% 0.26%
2018-11-28 12:00 PM MBA Mortgage Applications 0.79%
2018-12-05 12:00 PM MBA Mortgage Applications 0.93%


United States Housing Last Previous Highest Lowest Unit
Building Permits 1263.00 1270.00 2419.00 513.00 Thousand [+]
Housing Starts 1228.00 1210.00 2494.00 478.00 Thousand units [+]
New Home Sales 553.00 585.00 1389.00 270.00 Thousand [+]
Pending Home Sales -1.00 -2.40 30.90 -24.30 percent [+]
Existing Home Sales 5150.00 5330.00 7250.00 1370.00 Thousand [+]
Construction Spending 0.00 0.80 5.90 -4.80 percent [+]
Housing Index 0.30 0.40 1.20 -1.80 percent [+]
Nahb Housing Market Index 60.00 68.00 78.00 8.00 [+]
Mortgage Rate 5.17 5.15 10.56 3.47 percent [+]
Mortgage Applications -3.20 -4.00 49.10 -38.80 percent [+]
Case Shiller Home Price Index 213.72 213.77 213.77 100.00 Index Points [+]
Home Ownership Rate 64.40 64.30 69.20 62.90 percent [+]


United States MBA Mortgage Applications

Mortgage Applications measure the change in the number of new applications for mortgages backed by the Mortgage Bankers Association during the reported week. Mortgage applications include both refinancing and home purchasing. This page provides - United States MBA Mortgage Applications - actual values, historical data, forecast, chart, statistics, economic calendar and news. United States MBA Mortgage Applications - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
-3.20 -4.00 49.10 -38.80 2007 - 2018 percent Weekly
SA




Country Last
United Kingdom 38505.00 Sep/18
United States -3.20 Nov/18


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