Lower mortgage rates boosting demand early in 2026

Mortgage purchase application data

Purchase application data had another positive week, both on a weekly and yearly basis. The main goal with this data set is to achieve at least 12-14 weeks of week-to-week gains, and so far, the year is heading in that direction. Last week, we observed 5% week-over-week growth and 18% year-over-year growth. In 2026, the extremely low threshold for…