Mortgage applications increased 28.5% from one week earlier, following President Donald Trump’s directive to Fannie Mae and Freddie Mac to buy $200 billion in mortgage bonds. That’s according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending January 9, 2026.

Last week’s results included an adjustment for the New Year’s Day holiday. On an unadjusted basis, the index increased 65% compared with the previous week.

The refinance index increased 40% from the previous week and was 128% higher than the same week one year ago.

The seasonally adjusted purchase index increased 16% from one details ⇒

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