United States MBA Mortgage Market Index

Info

History

Chart

Impact:

Low

Source: Mortgage Bankers Association of America

Latest Release:

Date:

Actual:

254.6

Forecast:

Previous/Revision:

226.4

Period: Jun/06

Next Release:

Date:

Period: Jun/13

What Does It Measure?

The MBA Mortgage Market Index measures the relative volume of mortgage loan applications in the United States, providing a gauge of mortgage market activity. It assesses key areas such as refinancing and home purchasing applications, which are vital indicators of housing demand and overall consumer confidence in the economy.

Frequency

This index is released weekly, with the data typically published every Wednesday for the prior week's activities.

Why Do Traders Care?

Traders monitor the MBA Mortgage Market Index closely as it reflects the health of the housing sector, which is integral to the broader economy. A higher-than-expected index suggests increased demand for housing and can bolster confidence in related assets like the USD and housing stocks, while weaker figures may indicate economic sluggishness and influence trader sentiment negatively.

What Is It Derived From?

The index is derived from a survey conducted among mortgage lenders across the country, collecting data on the number of mortgage applications received during the week. This survey employs a diffusion index methodology, reflecting both refinancing and purchasing trends based on a sample of lenders’ activities.

Description

The MBA Mortgage Market Index is a crucial barometer for understanding trends in the real estate market, particularly in terms of home buying and refinancing activity. It serves as a leading indicator, often pointing to future sales trends and reflecting shifts in consumer behavior in response to interest rate changes.

Additional Notes

The index is a leading economic indicator that can signal potential movements in the housing market before they impact broader economic measures like GDP. Comparatively, it provides insights when analyzed alongside other reports such as existing home sales and building permits, helping traders understand overall market conditions.

Bullish or Bearish for Currency and Stocks

Higher than expected: Bullish for USD, Bullish for Stocks.

Legend

High Potential Impact
This event has a strong potential to move markets significantly. If the 'Actual' value differs enough from the forecast or if the 'Previous' value is significantly revised, it signals new information that markets may rapidly adjust to.

Medium Potential Impact
This event may cause moderate market movement, especially if the 'Actual' deviates from the forecast or there's a notable revision to the 'Previous' value.

Low Potential Impact
This event is unlikely to affect market pricing unless there's an unexpected surprise or a major revision to prior data.

Surprise - Currency May Strengthen
Actual deviated from Forecast on a medium or high impact event and historically could strengthen the currency.

Surprise - Currency May Weaken
Actual deviated from Forcast on a medium or high impact event and historically could weaken the currency.

Big Surprise - Currency More Likely To Strengthen
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely strengthen the currency.

Big Surprise - Currency More Likely To Weaken
'Actual' deviated from 'Forecast' more than 75% of historical deviations on a medium or high impact event and may likely weaken the currency

Green Number	Better than forecast for the currency (or previous revise better)
Red Number	Worse than forecast for the currency (or previous revise better)
Hawkish	Supports higher interest rates to fight inflation, strengthening the currency but weighing on stocks.
Dovish	Favors lower rates to boost growth, weakening the currency but lifting stocks.

Date	Actual	Previous
Jun 11, 2025	254.6	226.4
Jun 04, 2025	226.4	235.7
May 28, 2025	235.7	238.5
May 21, 2025	238.5	251.2
May 14, 2025	251.2	248.4
May 07, 2025	248.4	223.7
Apr 30, 2025	223.7	233.5
Apr 23, 2025	233.5	267.5
Apr 16, 2025	267.5	292.3
Apr 09, 2025	292.3	243.6
Apr 02, 2025	243.6	247.5
Mar 26, 2025	247.5	252.5
Mar 19, 2025	252.5	269.3
Mar 12, 2025	269.3	242.2
Mar 05, 2025	242.2	212.3
Feb 26, 2025	212.3	214.9
Feb 19, 2025	214.9	230
Feb 12, 2025	230	224.8
Feb 05, 2025	224.8	220
Jan 29, 2025	220	224.6
Jan 22, 2025	224.6	224.4
Jan 15, 2025	224.4	168.4
Jan 08, 2025	168.4	174.9
Jan 02, 2025	174.9	224
Dec 18, 2024	224	225.5
Dec 11, 2024	225.5	213.9
Dec 04, 2024	213.9	208
Nov 27, 2024	208	195.6
Nov 20, 2024	195.6	192.4
Nov 13, 2024	192.4	191.4
Nov 06, 2024	191.4	214.5
Oct 30, 2024	214.5	214.8
Oct 23, 2024	214.8	230.2
Oct 16, 2024	230.2	277.5
Oct 09, 2024	277.5	292.3
Oct 02, 2024	292.3	296.1
Sep 25, 2024	296.1	266.8
Sep 18, 2024	266.8	233.7
Sep 11, 2024	233.7	230.5
Sep 04, 2024	230.5	226.9
Aug 28, 2024	226.9	225.8
Aug 21, 2024	225.8	251.3
Aug 14, 2024	251.3	215.1
Aug 07, 2024	215.1	201.2
Jul 31, 2024	201.2	209.3
Jul 24, 2024	209.3	214.1
Jul 17, 2024	214.1	206.1
Jul 10, 2024	206.1	206.5
Jul 03, 2024	206.5	212
Jun 26, 2024	212	210.4
Jun 19, 2024	210.4	208.5
Jun 12, 2024	208.5	180.4
Jun 05, 2024	180.4	190.3
May 29, 2024	190.3	201.9
May 22, 2024	201.9	198.1
May 15, 2024	198.1	197.1
May 08, 2024	197.1	192.1
May 01, 2024	192.1	196.7
Apr 24, 2024	196.7	202.1
Apr 17, 2024	202.1	195.7
Apr 10, 2024	195.7	195.6
Apr 03, 2024	195.6	196.8
Mar 27, 2024	196.8	198.2
Mar 20, 2024	198.2	201.5
Mar 13, 2024	201.5	188.2
Mar 06, 2024	188.2	171.5
Feb 28, 2024	171.5	181.6
Feb 21, 2024	181.6	205.1
Feb 14, 2024	205.1	210
Feb 07, 2024	210	202.5
Jan 31, 2024	202.5	218.2
Jan 24, 2024	218.2	210.5
Jan 17, 2024	210.5	190.6
Jan 10, 2024	190.6	173.5
Jan 03, 2024	173.5	191.6
Dec 20, 2023	191.6	194.5
Dec 13, 2023	194.5	181.1
Dec 06, 2023	181.1	176.1
Nov 29, 2023	176.1	175.6
Nov 22, 2023	175.6	170.5
Nov 15, 2023	170.5	165.9
Nov 08, 2023	165.9	161.8
Nov 01, 2023	161.8	165.2
Oct 25, 2023	165.2	166.9
Oct 18, 2023	166.9	179.3
Oct 11, 2023	179.3	178.2
Oct 04, 2023	178.2	189.6
Sep 27, 2023	189.6	192.1
Sep 20, 2023	192.1	182.2
Sep 13, 2023	182.2	183.6
Sep 06, 2023	183.6	189
Aug 30, 2023	189	184.8
Aug 23, 2023	184.8	193
Aug 16, 2023	193	194.5
Aug 09, 2023	194.5	200.7
Aug 02, 2023	200.7	206.9
Jul 26, 2023	206.9	210.7
Jul 19, 2023	210.7	208.4
Jul 12, 2023	208.4	206.5
Jul 06, 2023	206.5	216.1
Jun 28, 2023	216.1	209.8
Jun 21, 2023	209.8	208.8
Jun 14, 2023	208.8	194.7
Jun 07, 2023	194.7	197.4
May 31, 2023	197.4	205
May 24, 2023	205	214.9
May 17, 2023	214.9	227.8
May 10, 2023	227.8	214.4
May 03, 2023	214.4	216.9
Apr 26, 2023	216.9	209.2
Apr 19, 2023	209.2	229.5
Apr 12, 2023	229.5	217.9
Apr 05, 2023	218	227.3
Mar 29, 2023	227.3	221
Mar 22, 2023	221	214.5
Mar 15, 2023	214.5	201.5
Mar 08, 2023	201.5	187.6
Mar 01, 2023	188.5	199.8
Feb 22, 2023	199.8	230.4
Feb 15, 2023	230.4	249.5
Feb 08, 2023	249.5	232.4
Feb 01, 2023	232.4	255.3
Jan 25, 2023	255.3	238.7
Jan 18, 2023	238.7	186.7
Jan 11, 2023	186.7	184.5
Jan 04, 2023	184.5	212.5
Dec 21, 2022	212.5	210.7
Dec 14, 2022	210.7	204.2
Dec 07, 2022	204.2	208.1
Nov 30, 2022	208.1	209.8
Nov 23, 2022	209.8	205.2
Nov 16, 2022	205.2	199.9
Nov 09, 2022	199.9	200.1
Nov 02, 2022	200.1	201.1
Oct 26, 2022	201.1	204.6
Oct 19, 2022	204.6	214.3
Oct 12, 2022	214.3	218.7
Oct 05, 2022	218.7	254.8
Sep 28, 2022	254.8	264.7
Sep 21, 2022	264.7	255
Sep 14, 2022	255	258.1
Sep 07, 2022	258.1	260.1
Aug 31, 2022	260.1	270.1
Aug 24, 2022	270.1	273.3
Aug 17, 2022	273.3	279.8
Aug 10, 2022	279.8	279.2
Aug 03, 2022	279.2	276
Jul 27, 2022	276	281.1
Jul 20, 2022	281.1	300
Jul 13, 2022	300	305.3
Jul 06, 2022	305.3	322.7
Jun 29, 2022	322.7	320.4
Jun 22, 2022	320.4	307.4
Jun 15, 2022	307.4	288.4
Jun 08, 2022	288.4	308.3
Jun 01, 2022	308.3	315.5
May 25, 2022	315.5	319.4
May 18, 2022	319.4	358.9
May 11, 2022	358.9	351.8
May 04, 2022	351.8	343.1
Apr 27, 2022	343.1	374
Apr 20, 2022	374	393.5
Apr 13, 2022	393.5	398.5
Apr 06, 2022	398.5	425.1
Mar 30, 2022	425.1	456.2
Mar 23, 2022	456.2	496.5
Mar 16, 2022	496.5	502.5
Mar 09, 2022	502.5	463.1
Mar 02, 2022	463.1	466.4
Feb 23, 2022	466.4	537
Feb 16, 2022	537	567.7
Feb 09, 2022	567.7	617.8
Feb 02, 2022	617.8	551.7
Jan 26, 2022	551.7	593.7
Jan 19, 2022	593.7	580.6
Jan 12, 2022	580.6	572.8
Jan 05, 2022	572.8	588.4
Dec 22, 2021	588.4	591.7
Dec 15, 2021	591.7	616.4
Dec 08, 2021	616.4	604.2
Dec 01, 2021	604.2	651.3
Nov 24, 2021	651.3	639.9
Nov 17, 2021	639.9	658.1
Nov 10, 2021	658.1	623.8
Nov 03, 2021	623.8	645.1
Oct 27, 2021	645.1	643