The U.S. Mortgage Refinance Index declined to 611.0, down from the previous level of 627.1, according to the latest data updated on 23 September 2026. The move signals a cooling in refinancing activity compared with the prior reading.
While the index remains at a relatively elevated level in absolute terms, the drop from 627.1 to 611.0 points to a reduced pace of homeowners restructuring their mortgage debt. The latest figure will be watched closely by market participants as an indicator of changing homeowner sentiment and borrowing dynamics in the U.S. housing finance market.
