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Release · 2026-09-09 to 2026-09-09

Mortgage applications decreased 2.7 percent; 30-year rate rose to 6.85 percent

The Mortgage Bankers Association's Weekly Mortgage Applications Survey for the week ending September 4, released September 9, said the Market Composite Index decreased 2.7 percent on a seasonally adjusted basis and 4 percent unadjusted. The Refinance Index decreased 6 percent from the prior week and was 25 percent lower than a year earlier. The seasonally adjusted Purchase Index decreased 0.2 percent. The average contract rate for 30-year fixed-rate conforming mortgages rose to 6.85 percent from 6.79 percent. MBA vice president Joel Kan said that rate is the highest since June 2025 and 36 basis points above a year earlier. The refinance share fell to 40.9 percent from 41.8 percent; the ARM share rose to 8.5 percent.

Market Composite Index, seasonally adjusted weekly change
-2.7% 2026-09-04
Market Composite Index, unadjusted weekly change
-4% 2026-09-04
Refinance Index, weekly change
-6% 2026-09-04
Refinance Index, year-over-year change
-25% 2026-09-04
Purchase Index, seasonally adjusted weekly change
-0.2% 2026-09-04
30-year fixed conforming contract rate
6.85% 2026-09-04 · prior 6.79% (2026-08-28)
30-year fixed conforming rate versus a year earlier
+36 bp 2026-09-04
Refinance share of applications
40.9% 2026-09-04 · prior 41.8% (2026-08-28)
ARM share of applications
8.5% 2026-09-04

Source: Mortgage Applications Decrease in Latest MBA Weekly Survey — Mortgage Bankers Association.

all 9 figures found at the source
  • found Market Composite Index, seasonally adjusted weekly change = -2.7% — at Mortgage Bankers Association
  • found Market Composite Index, unadjusted weekly change = -4% — at Mortgage Bankers Association
  • found Refinance Index, weekly change = -6% — at Mortgage Bankers Association
  • found Refinance Index, year-over-year change = -25% — at Mortgage Bankers Association
  • found Purchase Index, seasonally adjusted weekly change = -0.2% — at Mortgage Bankers Association
  • found 30-year fixed conforming contract rate = 6.85% — at Mortgage Bankers Association
  • found 30-year fixed conforming rate versus a year earlier = +36 bp — at Mortgage Bankers Association
  • found Refinance share of applications = 40.9% — at Mortgage Bankers Association
  • found ARM share of applications = 8.5% — at Mortgage Bankers Association

Researched by Grok, checked against each source by an automated pass, edited by Clem Ziroli III. Published Sep 9, 2026.

This page is one print. The daily brief for September 9, 2026 is the editor's cut of what mattered that day. Figures are as the named sources printed them. The methodology says how this page is made and what is checked.