MBA Mortgage Applications – United States

Gauges demand for mortgage application in the US . Tracking new home mortgages and refinances, MBA Mortgage Applications Survey serves at a current indicator for the US housing market. Growth in mortgages suggests a healthy housing market. Due to the multiplier effect housing has on the rest of the economy, rising activity suggests increased household income and economic expansion. The headline figure is the weekly percentage change in the MBA Mortgage Applications figure.

Among the various indices measured in the survey, the purchase index and refinancing index most accurately reflect where the housing market is headed. The purchasing index measures the change in existing home sales in all mortgage applications, while the refinance index measures the mortgage refinancing activity in all mortgage applications.

Note: Due to volatility in the sector, markets also focus on the four week moving averages.

Relevance: Rarely affects markets
Release schedule : 7:00 AM (EST); weekly, every Wednesday with previous week report
Revisions schedule : At this point we are unclear
Source of report : Mortgage Bankers Association
Web Address : http://www.mortgagebankers.org
Address of release : http://www.mortgagebankers.org/NewsandMedia/PressCenter
AKA : Mortgage Applications Survey

Learn More About How Economics Move Markets

Economic Reports by Country

Economic Reports by Release Type