United States MBA Mortgage Applications: -12.7% (September 26) vs previous 0.6%

Mortgage Applications Back on Downward Trajectory, Declining Nearly 13%

Mortgage application activity declined for the first time in two weeks. Applications had mostly fallen this year before experiencing a major jump ahead of the Federal Reserve’s (Fed) decision to cut interest rates by 0.25% in mid-September. The Mortgage Bankers Association (MBA) reported a 12.7% decrease in the market composite index—the measure for mortgage loan… The post Mortgage Applications Back on Downward Trajectory, Declining Nearly 13% a…

Shutdown! Mortgage Demand Falls 12.7% From Previous Week (Purchase Index Fell 2%, Refi Index Fell 21% As Mortgage Rates Rose)

Shutdown! Mortgage applications decreased 12.7 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending September 26, 2025. The Market Composite Index, a measure of mortgage loan application volume, decreased 12.7 percent on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 13 percent compared with the previo…

United States MBA Mortgage Applications: -12.7% (September 26) vs previous 0.6%

United States MBA Mortgage Applications: -12.7% (September 26) vs previous 0.6%

Mortgage Application Activity Drops by Nearly 13%

Mortgage application activity slowed dramatically during the week ending Sept. 26, according to data from the Mortgage Bankers Association.