MBA: applications jump 6.2% as 30-year contract rate falls to 7.21%

The MBA's weekly survey for the week ending November 6 showed total applications up 6.2% and refinance applications up 5%. Refinance demand is still 57% below a year ago.

In this brief: 3 sections 1 min read

- Week ending November 6, seasonally adjusted: total applications +6.2%, purchase index +8%, refinance index +5%. Refinance share unchanged at 39.8%; ARM share fell to 10.9%.
- The refinance index was 57% lower than the same week in 2025, and unadjusted purchase applications were 18% lower.
- 30-year conforming: 7.21% (from 7.30%). Jumbo 30-year: 7.21% (from 7.20%). FHA: 6.98% (from 7.02%). 15-year fixed: 6.64% (from 6.76%). 5/1 ARM: 6.28% (from 6.29%).

Read full analysis on housingwire.com

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