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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
United StatesUS MBA Mortgage Refinance Index climbed to 848.7 in May 2026
FMPMonthlyReleased June 2026
US MBA Mortgage Refinance Index climbed to 848.7 in May 2026, released June 2026, up 112.5 from April's 736.2 reading.
Latest Release
848.700000
Actual
—
Consensus
736.200000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
THE RELEASE
MBA Mortgage Refinance Index (United States) was reported at 848.70 in June 2026. The reading rose from the previous value of 736.20. Trailing 12-month context per ETL data through June 2026. Over the past 12 months, the indicator has averaged 1,100.59, ranging from 692.40 to 1,646.30 across 44 releases.
WHY IT MATTERS
The trailing three releases averaged 779.53, down from the prior three at 929.23. Volatility over the past year (σ 266.06) is higher than the prior year (σ 160.35). In June readings over the past 3 years, MBA Mortgage Refinance Index has averaged 605.51.
WHAT TO WATCH NEXT
The next release is scheduled for June 17, 2026. Same-country events in the next 14 days include MBA 30-Year Mortgage Rate (Jun 17) and Retail Sales MoM (Jun 17).
Auto-generated from current model state · Refreshes on each release · Last update June 2026.
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MBA Mortgage Refinance Index - US
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About MBA Mortgage Refinance Index — United States
DEFINITION
The MBA Mortgage Refinance Index is a widely recognized financial indicator that measures the volume of mortgage refinancing applications in the United States. It provides valuable insights into the current state of the housing market and consumer sentiment towards refinancing their existing mortgages. This index is used by financial institutions, economists, and investors to track trends and make informed decisions in the mortgage and real estate industries.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jun 2026): actual 848.7. Prior reading (Jun 2026): 736.2. Before that (May 2026): 753.7.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection.