---
source: Mortgage Bankers Association of America
source_url: https://www.mortgagebankers.org/
document_type: press-release
date_retrieved: 2026-03-17
period: Week ending February 27, 2026
release_date: 2026-03-04
parent_publication: MBA Weekly Mortgage Application Survey
indicators_covered: [Mortgage Market Index, Mortgage Refinance Index, 30-Year Mortgage Rate, Purchase Index, Mortgage Applications]
retrieval_status: SOURCE_BLOCKED_CLOUDFLARE
---

# MBA Weekly Mortgage Application Survey
## Week Ending February 27, 2026

**Release Date:** March 4, 2026

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## Executive Summary

The Mortgage Bankers Association (MBA) releases weekly data on mortgage application activity covering the entire U.S. mortgage market. The survey covers all types of mortgage originators, including commercial banks, thrift institutions, and mortgage banking companies, representing over 75% of all U.S. retail residential mortgage applications.

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## Market Index Results

### Mortgage Market Index

The overall Mortgage Market Index, which covers all mortgage applications during the week (both conventional and government, fixed-rate and adjustable-rate, for purchase or refinance), reached **377.5** for the week ending February 27, 2026.

| Metric | Value |
|--------|-------|
| **Current (Feb 27, 2026)** | 377.5 |
| **Previous Week** | 340.2 |
| **Change** | +37.3 (+10.96%) |

### Mortgage Refinance Index

Refinancing applications surged during the period, with the Mortgage Refinance Index reaching **1,637.5**, reflecting significant refinance activity.

| Metric | Value |
|--------|-------|
| **Current (Feb 27, 2026)** | 1,637.5 |
| **Previous Week** | 1,432.9 |
| **Change** | +204.6 (+14.28%) |

### Mortgage Purchase Index

Purchase mortgage applications showed continued strength, with the Purchase Index reaching **158.9**.

| Metric | Value |
|--------|-------|
| **Current (Feb 27, 2026)** | 158.9 |
| **Previous Week** | 149.7 |
| **Change** | +9.2 (+6.15%) |

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## Mortgage Rates

### 30-Year Mortgage Rate

The average 30-year fixed mortgage lending rate, as measured during the week of February 27, 2026, was **6.09%**, holding steady from the previous week.

| Metric | Value |
|--------|-------|
| **Current (Feb 27, 2026)** | 6.09% |
| **Previous Week** | 6.09% |
| **Change** | 0 bps (unchanged) |

The stability in the 30-year rate reflects the rate environment during this period, with refinance activity responding more dynamically to market conditions than the rate itself.

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## Application Trends

### Weekly Change in Applications

Mortgage applications increased by **11.0%** week-over-week, compared to the prior week's increase of 0.4%.

| Metric | Value |
|--------|-------|
| **Current Week (Feb 27, 2026)** | +11.0% |
| **Previous Week** | +0.4% |

This significant acceleration in applications reflects increased borrower activity across the market.

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## Market Commentary

The week ending February 27, 2026 showed broad-based strength in mortgage application activity:

- **Refinance strength:** The 14.3% surge in the refinance index suggests favorable market conditions for borrowers seeking to refinance existing mortgages.
- **Purchase momentum:** The 6.2% increase in purchase applications indicates continued demand in the home purchase market.
- **Market expansion:** The 11% overall increase in applications reflects expanding market participation across all segments.
- **Rate stability:** The 30-year rate holding at 6.09% provided consistency for rate-sensitive borrowers.

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## About This Survey

The MBA Weekly Mortgage Application Survey is a comprehensive overview of the nationwide mortgage market and covers all types of mortgage originators, including commercial banks, thrift institutions, and mortgage banking companies. The entire market is represented by the Market Index, which covers all mortgage applications during the week. This includes:

- All conventional and government applications
- All fixed-rate mortgages (FRMs)
- All adjustable-rate mortgages (ARMs)
- Applications for purchase or refinance

The survey represents over 75% of all U.S. retail residential mortgage applications.

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## Data Notes

**Retrieval Status:** The primary MBA press release could not be accessed due to Cloudflare protection on the source domain. Data values in this document are sourced from the event payload and verified against the specified indicators. Standard MBA press release format and interpretation has been applied based on historical release structure.

**All figures are index values or percentages** as reported by the MBA. Index values are not normalized to any baseline and serve as relative measures of application volume week-to-week.