Weekly MBA Mortgage Applications Flash

Research evidence excerpt

Weekly MBA Mortgage Applications Flash

Homebuilders & Building Products

FLASH

FLASH: Weekly MBA Mortgage Applications Flash May 14, 2026

This quick note highlights the latest weekly interest rate and mortgage application

data from the Mortgage Bankers Association. We track both Purchase and

Refinance applications on a weekly and YoY basis. While Purchase applications

largely capture trends in resale activity, we believe mortgage application activity is

another useful data point to track nearly real-time housing demand fluctuations. See Trevor Allinson, CFA

page 2 for additional detail including ARM and FHA share of applications. tallinson@wolferesearch.com

(636) 338-1466

View Trevor’s Research

Notes View Comp Table

Seasonally adjusted Purchase Applications higher sequentially for the third time in Nicolenvictory@wolferesearch.comVictory

four weeks. 636-338-1467

Refinance Apps declined for third straight week Paul Przybylski pprzybylski@wolferesearch.com

(636) 338-1465

Refi share of total applications at lowest level since July 2025

Mortgage Rates WoW

30-yr Fixed: 6.46%, up 1 bp

Jumbo: 6.48%, up 1 bp

FHA: 6.16%, up 4 bps

15-yr Fixed: 5.83%, unchanged

5/1 ARM: 5.70%, up 10 bps

Exhibit 1 - Weekly MBA Purchase and Refi Application Data

Purchase Applications (Seasonally Adjusted) Refinance Applications (Seasonally Adjusted)

4 wk 4 wk

YoY % MoM % 4 wk YoY YoY % MoM % 4 wk YoY

Date Index 4 wk 13 wk WoW % Chg Change % Chg Date Index WoW % Chg Change % Chg

5/8/2026 177.7 175.5 165.8 3.9% 6.7% 9.1% 11.6% 5/8/2026 921.1 -0.8% 28.3% -3.2% 39.4%

5/1/2026 171.1 171.0 164.6 -3.7% 5.1% 4.1% 9.1% 5/1/2026 928.6 -5.0% 28.8% -10.5% 35.0%

4/24/2026 177.7 168.5 164.1 1.2% 21.2% 1.0% 5.8% 4/24/2026 977.9 -4.4% 50.7% -23.5% 24.4%