FX.co ★ U.S. MBA Purchase Index Slips to 154.9, Hinting at Softer Mortgage Demand

The latest data on U.S. mortgage activity show a modest cooling in home-purchase demand. The MBA Purchase Index eased to 154.9, down from the previous reading of 156.2, according to figures updated on 23 September 2026.

While the decline is relatively small, the movement signals slightly weaker appetite for new home loans compared with the prior period. Market participants will be watching upcoming releases to determine whether this dip develops into a more persistent trend in the housing and mortgage markets, or remains a short-term fluctuation in demand.