AI Data Insight
The latest US MBA Purchase Index for the third quarter of 2026 dropped to 165.8, falling back from the previous value of 170.6, reflecting buyer hesitation amid high interest rates. Although external institutional surveys indicate a slight rebound in overall mortgage applications, the 30-year mortgage rate climbed to 6.69%, hitting a near one-year high. Future housing market recovery will still rely on the substantial release of housing inventory.