Mortgage activity in the United States picked up in the latest week, with MBA Mortgage Applications rising 1.9% week-over-week as of 22 July 2026. This marks a turnaround from the previous reading, when applications fell by 2.7% compared to the prior week.
The data, measured on a week-over-week basis, indicate that demand for home financing has stabilized somewhat after the earlier decline. While the previous week’s negative reading reflected weaker application volumes versus the week before it, the latest increase suggests a modest recovery in mortgage interest or refinancing activity heading into late July. Investors and housing market watchers will be looking to see if this rebound develops into a sustained trend over the coming weeks.
