Key facts
- Mortgage applications increased by 0.04% for the week ending June 26, 2026.
- Purchase demand drove the increase in mortgage applications.
- Refinance applications saw a slight decline.
- The average rate for 30-year fixed mortgages decreased slightly.
- The data covers the week ending June 26, 2026.
For the week concluding on June 26, 2026, the total volume of mortgage applications experienced a marginal increase of 0.04% compared to the previous week. This modest uptick was predominantly driven by an increase in demand for home purchases. This surge in purchase activity was substantial enough to counteract a slight downturn observed in mortgage refinances. Concurrently, the average interest rate for a 30-year fixed mortgage saw a minor reduction. The data indicates a dynamic market where purchasing a new home remains a priority for consumers, even as the opportunity for refinancing existing mortgages slightly diminishes.