US mortgage applications rise 3.6pc
By Iain Gilbert
Date: Wednesday 12 Aug 2026
(Sharecast News) - US mortgage applications rose 3.6% in the week ended 7 August, according to the Mortgage Bankers Association, the strongest increase in two months and a rebound after two consecutive declines.
Last week's uptick followed a brief easing in benchmark mortgage rates as long‑term Treasury yields pulled back from multi‑decade highs.
Applications to refinance a mortgage, which are more sensitive to short‑term interest rate moves, climbed 5%, while applications to purchase a home increased 3%.
Reporting by Iain Gilbert at Sharecast.com
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