Mortgage Applications Rose 3.6% in Week Ending August 7

Washington, DC, August 12, 2026—Mortgage applications increased 3.6% last week as mortgage rates eased slightly after five consecutive weeks of increases, according to the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending August 7.

The seasonally adjusted Purchase Index increased 3% from the previous week, while the Refinance Index rose 5%. Purchase applications were 1% below the same week a year ago, while refinance applications were down 22% year over year. Refinancing accounted for 40.7% of total applications, up from 39.9% the previous week.