U.S. mortgage refinance application index 2015-2024

The volume of refinance applications for mortgages in the United States soared during the COVID-19 pandemic, followed by a drop in 2021. In the week ending September 13, 2024, Fannie Mae's loan count Refinance Application-Level Index (RALI) amounted to 127.1 index points, down from 800 index points when the market peaked in March 2020. The index measures the development of the volume of mortgage refinance applications, with the first week of 2004 chosen as a baseline year. An index value of 150 suggests an increase in the number of refinance applications of 50 percent since the baseline period.

Weekly loan count Refinance Application-Level Index (RALI) for mortgages in the United States from January 2, 2015 to September 13, 2024

Characteristic	Index value (Jan 9, 2004=100)
Sep 13, 2024	127.1
Sep 06, 2024	88.5
Aug 30, 2024	94.9
Aug 23, 2024	91.1
Aug 16, 2024	93
Aug 09, 2024	105.2
Aug 02, 2024	85.7
Jul 26, 2024	74.8
Jul 19, 2024	74.7
Jul 12, 2024	76.7
Jul 05, 2024	52.1
Jun 28, 2024	69.5
Jun 21, 2024	69
Jun 14, 2024	75.5
Jun 07, 2024	71.6
May 31, 2024	52.1
May 24, 2024	65.9
May 17, 2024	73.5
May 10, 2024	71.1
May 03, 2024	66.8
Apr 26, 2024	63.4
Apr 19, 2024	66.5
Apr 12, 2024	70.3
Apr 05, 2024	69.1
Mar 29, 2024	70.8
Mar 22, 2024	71.8
Mar 15, 2024	73.3
Mar 08, 2024	75.1
Mar 01, 2024	66.6
Feb 23, 2024	61.9
Feb 16, 2024	64.7
Feb 09, 2024	72.7
Feb 02, 2024	71.6
Jan 26, 2024	66
Jan 19, 2024	58.1
Jan 12, 2024	64.7
Jan 05, 2024	50.5
Dec 29, 2023	35.6
Dec 22, 2023	53.6
Dec 15, 2023	55.9
Dec 08, 2023	60
Dec 01, 2023	56.8
Nov 24, 2023	35.6
Nov 17, 2023	56.3
Nov 10, 2023	54.5
Nov 03, 2023	51.7
Oct 27, 2023	51.4
Oct 20, 2023	52
Oct 13, 2023	53
Oct 06, 2023	54.9
Sep 29, 2023	56.5
Sep 22, 2023	59.3
Sep 15, 2023	62.9
Sep 08, 2023	50.4
Sep 01, 2023	61.6
Aug 25, 2023	60.2
Aug 18, 2023	61.7
Aug 11, 2023	66.5
Aug 04, 2023	66.3
Jul 28, 2023	66.7
Jul 21, 2023	69.7
Jul 14, 2023	70.6
Jul 07, 2023	49.6
Jun 30, 2023	67.6
Jun 23, 2023	63.9
Jun 16, 2023	69.2
Jun 09, 2023	70.3
Jun 02, 2023	54.9
May 26, 2023	64
May 19, 2023	71.2
May 12, 2023	75.2
May 05, 2023	77.4
Apr 28, 2023	72.8
Apr 21, 2023	72.8
Apr 14, 2023	73.1
Apr 07, 2023	74
Mar 31, 2023	73.3
Mar 24, 2023	75.6
Mar 17, 2023	75.4
Mar 10, 2023	72.5
Mar 03, 2023	70.4
Feb 24, 2023	66
Feb 17, 2023	70.6
Feb 10, 2023	78.6
Feb 03, 2023	82.6
Jan 27, 2023	78.5
Jan 20, 2023	69.8
Jan 13, 2023	77.1
Jan 06, 2023	56.3
Dec 30, 2022	35.9
Dec 23, 2022	49.3
Dec 16, 2022	63.9
Dec 09, 2022	67.8
Dec 02, 2022	67.3
Nov 25, 2022	41.5
Nov 18, 2022	68.3
Nov 11, 2022	62.4
Nov 04, 2022	64.8
Oct 28, 2022	66.1
Oct 21, 2022	69.5
Oct 14, 2022	71.3
Oct 07, 2022	77.6
Sep 30, 2022	73.9
Sep 23, 2022	92.2
Sep 16, 2022	100.6
Sep 09, 2022	92.3
Sep 02, 2022	109.7
Aug 26, 2022	113.4
Aug 19, 2022	121.5
Aug 12, 2022	123
Aug 05, 2022	129.6
Jul 29, 2022	127.5
Jul 22, 2022	122.3
Jul 15, 2022	124.8
Jul 08, 2022	103
Jul 01, 2022	118.8
Jun 24, 2022	117.8
Jun 17, 2022	131.1
Jun 10, 2022	138.7
Jun 03, 2022	119.4
May 27, 2022	138.4
May 20, 2022	144.2
May 13, 2022	149
May 06, 2022	160.4
Apr 29, 2022	157.8
Apr 22, 2022	161.4
Apr 15, 2022	175.5
Apr 08, 2022	188
Apr 01, 2022	203.4
Mar 25, 2022	226.4
Mar 18, 2022	256.7
Mar 11, 2022	279.7
Mar 04, 2022	297.3
Feb 25, 2022	264.3
Feb 18, 2022	291.8
Feb 11, 2022	320.6
Feb 04, 2022	346.1
Jan 28, 2022	359.2
Jan 21, 2022	304.1
Jan 14, 2022	356.9
Jan 07, 2022	352.6
Dec 31, 2021	239.7
Dec 24, 2021	261.4
Dec 17, 2021	375.7
Dec 10, 2021	369.1
Dec 03, 2021	388.9
Nov 26, 2021	236.2
Nov 19, 2021	399.3
Nov 12, 2021	409.5
Nov 05, 2021	424.1
Oct 29, 2021	407.5
Oct 22, 2021	403.8
Oct 15, 2021	398.9
Oct 08, 2021	435.6
Oct 01, 2021	426.2
Sep 24, 2021	453.1
Sep 17, 2021	476.6
Sep 10, 2021	389.9
Sep 03, 2021	468.9
Aug 27, 2021	473.2
Aug 20, 2021	477.8
Aug 13, 2021	479.3
Aug 06, 2021	534.5
Jul 30, 2021	531.4
Jul 23, 2021	549.4
Jul 16, 2021	467
Jul 09, 2021	376.1
Jul 02, 2021	408.4
Jun 25, 2021	418.3
Jun 18, 2021	434.1
Jun 11, 2021	442
Jun 04, 2021	349.1
May 28, 2021	424.1
May 21, 2021	428.9
May 14, 2021	454.8
May 07, 2021	442.9
Apr 30, 2021	434.3
Apr 23, 2021	451.9
Apr 16, 2021	454.1
Apr 09, 2021	415
Apr 02, 2021	410.6
Mar 26, 2021	460.8
Mar 19, 2021	468.8
Mar 12, 2021	516.4
Mar 05, 2021	520.4
Feb 26, 2021	546.7
Feb 19, 2021	542.8
Feb 12, 2021	651.2
Feb 05, 2021	670.8
Jan 29, 2021	716.8
Jan 22, 2021	615
Jan 15, 2021	658.2
Jan 08, 2021	655.4
Jan 01, 2021	399.3
Dec 25, 2020	386.1
Dec 18, 2020	593.6
Dec 11, 2020	608.3
Dec 04, 2020	597.7
Nov 27, 2020	396.2
Nov 20, 2020	590.8
Nov 13, 2020	543.7
Nov 06, 2020	556.6
Oct 30, 2020	558.7
Oct 23, 2020	532.9
Oct 16, 2020	530
Oct 09, 2020	563.7
Oct 02, 2020	548.3
Sep 25, 2020	539.7
Sep 18, 2020	595
Sep 11, 2020	486.3
Sep 04, 2020	592.5
Aug 28, 2020	577.3
Aug 21, 2020	583.8
Aug 14, 2020	639.6
Aug 07, 2020	678
Jul 31, 2020	642.3
Jul 24, 2020	662.7
Jul 17, 2020	623
Jul 10, 2020	577.2
Jul 03, 2020	476.7
Jun 26, 2020	529.4
Jun 19, 2020	539.4
Jun 12, 2020	573.6
Jun 05, 2020	511.6
May 29, 2020	430.6
May 22, 2020	531.7
May 15, 2020	504.5
May 08, 2020	499.9
May 01, 2020	522.3
Apr 24, 2020	505.4
Apr 17, 2020	537.2
Apr 10, 2020	521.3
Apr 03, 2020	505.9
Mar 27, 2020	576.2
Mar 20, 2020	526.7
Mar 13, 2020	755.4
Mar 06, 2020	800
Feb 28, 2020	463.1
Feb 21, 2020	323.9
Feb 14, 2020	357
Feb 07, 2020	366.9
Jan 31, 2020	356
Jan 24, 2020	259.4
Jan 17, 2020	274.4
Jan 10, 2020	269.1
Jan 03, 2020	155.6
Dec 27, 2019	103.2
Dec 20, 2019	198.9
Dec 13, 2019	224.4
Dec 06, 2019	238.8
Nov 29, 2019	155.5
Nov 22, 2019	251.9
Nov 15, 2019	227.8
Nov 08, 2019	251.2
Nov 01, 2019	237.2
Oct 25, 2019	239.1
Oct 18, 2019	236.8
Oct 11, 2019	291.3
Oct 04, 2019	278
Sep 27, 2019	263.8
Sep 20, 2019	251.7
Sep 13, 2019	290.6
Sep 06, 2019	265.2
Aug 30, 2019	318.1
Aug 23, 2019	330
Aug 16, 2019	339.5
Aug 09, 2019	336.7
Aug 02, 2019	264.7
Jul 26, 2019	224.7
Jul 19, 2019	227.1
Jul 12, 2019	234.5
Jul 05, 2019	180.2
Jun 28, 2019	241.3
Jun 21, 2019	235.9
Jun 14, 2019	223.5
Jun 07, 2019	227.3
May 31, 2019	149
May 24, 2019	165.6
May 17, 2019	170.7
May 10, 2019	164.7
May 03, 2019	160
Apr 26, 2019	157.3
Apr 19, 2019	165
Apr 12, 2019	181.4
Apr 05, 2019	191.4
Mar 29, 2019	199
Mar 22, 2019	162.2
Mar 15, 2019	152.1
Mar 08, 2019	148.5
Mar 01, 2019	142.3
Feb 22, 2019	132.2
Feb 15, 2019	139.9
Feb 08, 2019	140.2
Feb 01, 2019	138
Jan 25, 2019	121.1
Jan 18, 2019	141.2
Jan 11, 2019	144.1
Jan 04, 2019	94.8
Dec 28, 2018	61.2
Dec 21, 2018	110.7
Dec 14, 2018	115.5
Dec 07, 2018	121.8
Nov 30, 2018	120.4
Nov 23, 2018	76.7
Nov 16, 2018	115.4
Nov 09, 2018	122.2
Nov 02, 2018	118.5
Oct 26, 2018	119.9
Oct 19, 2018	125
Oct 12, 2018	117.9
Oct 05, 2018	126.1
Sep 28, 2018	124.6
Sep 21, 2018	126.6
Sep 14, 2018	132.4
Sep 07, 2018	108.6
Aug 31, 2018	131.6
Aug 24, 2018	132.6
Aug 17, 2018	133.2
Aug 10, 2018	132.9
Aug 03, 2018	131.8
Jul 27, 2018	134.3
Jul 20, 2018	138.9
Jul 13, 2018	138
Jul 06, 2018	101.7
Jun 29, 2018	131.8
Jun 22, 2018	132.6
Jun 15, 2018	136.6
Jun 08, 2018	136.7
Jun 01, 2018	109.5
May 25, 2018	126.4
May 18, 2018	130.6
May 11, 2018	133.8
May 04, 2018	135.3
Apr 27, 2018	133.1
Apr 20, 2018	141.8
Apr 13, 2018	142.9
Apr 06, 2018	141.1
Mar 30, 2018	143.3
Mar 23, 2018	147.5
Mar 16, 2018	150
Mar 09, 2018	155.4
Mar 02, 2018	154.2
Feb 23, 2018	141.2
Feb 16, 2018	153.5
Feb 09, 2018	166.1
Feb 02, 2018	160.3
Jan 26, 2018	161.6
Jan 19, 2018	146.3
Jan 12, 2018	168.7
Jan 05, 2018	127.1
Dec 29, 2017	86.7
Dec 22, 2017	131.8
Dec 15, 2017	157.1
Dec 08, 2017	159.9
Dec 01, 2017	165.3
Nov 24, 2017	104.5
Nov 17, 2017	166
Nov 10, 2017	174.1
Nov 03, 2017	162
Oct 27, 2017	166
Oct 20, 2017	168.9
Oct 13, 2017	160.3
Oct 06, 2017	167.2
Sep 29, 2017	172.6
Sep 22, 2017	176.1
Sep 15, 2017	180.2
Sep 08, 2017	153
Sep 01, 2017	176.7
Aug 25, 2017	174.7
Aug 18, 2017	176.8
Aug 11, 2017	178.3
Aug 04, 2017	175.6
Jul 28, 2017	154.6
Jul 21, 2017	158.4
Jul 14, 2017	158.8
Jul 07, 2017	107.4
Jun 30, 2017	154.2
Jun 23, 2017	152.9
Jun 16, 2017	161.4
Jun 09, 2017	159.2
Jun 02, 2017	118.4
May 26, 2017	143.9
May 19, 2017	145.4
May 12, 2017	140.6
May 05, 2017	143.9
Apr 28, 2017	142.9
Apr 21, 2017	144.3
Apr 14, 2017	137.8
Apr 07, 2017	140.8
Mar 31, 2017	139.6
Mar 24, 2017	145.5
Mar 17, 2017	153.6
Mar 10, 2017	154.8
Mar 03, 2017	147.2
Feb 24, 2017	129.5
Feb 17, 2017	135.8
Feb 10, 2017	137.4
Feb 03, 2017	138.9
Jan 27, 2017	140.7
Jan 20, 2017	124.1
Jan 13, 2017	143
Jan 06, 2017	112.3
Dec 30, 2016	84.6
Dec 23, 2016	115.7
Dec 16, 2016	166.2
Dec 09, 2016	150.7
Dec 02, 2016	156.6
Nov 25, 2016	106.1
Nov 18, 2016	177.8
Nov 11, 2016	185.5
Nov 04, 2016	198.7
Oct 28, 2016	201.8
Oct 21, 2016	200.4
Oct 14, 2016	192
Oct 07, 2016	214.7
Sep 30, 2016	227.9
Sep 23, 2016	215.8
Sep 16, 2016	215.9
Sep 09, 2016	181.2
Sep 02, 2016	223.3
Aug 26, 2016	223
Aug 19, 2016	217.9
Aug 12, 2016	226.2
Aug 05, 2016	232.9
Jul 29, 2016	226
Jul 22, 2016	232.1
Jul 15, 2016	258.8
Jul 08, 2016	201.7
Jul 01, 2016	220.3
Jun 24, 2016	185.2
Jun 17, 2016	184.8
Jun 10, 2016	185.1
Jun 03, 2016	138.3
May 27, 2016	165
May 20, 2016	178
May 13, 2016	175.8
May 06, 2016	173.2
Apr 29, 2016	165.5
Apr 22, 2016	179.1
Apr 15, 2016	184.2
Apr 08, 2016	183.2
Apr 01, 2016	164.2
Mar 25, 2016	159.7
Mar 18, 2016	159.6
Mar 11, 2016	174.5
Mar 04, 2016	186.7
Feb 26, 2016	189.7
Feb 19, 2016	178.4
Feb 12, 2016	195.7
Feb 05, 2016	169.6
Jan 29, 2016	151.9
Jan 22, 2016	130.1
Jan 15, 2016	134.2
Jan 08, 2016	121.8
Jan 01, 2016	73.2
Dec 25, 2015	71
Dec 18, 2015	137.3
Dec 11, 2015	135.3
Dec 04, 2015	132.1
Nov 27, 2015	85.8
Nov 20, 2015	136
Nov 13, 2015	131.1
Nov 06, 2015	138.1
Oct 30, 2015	139.4
Oct 23, 2015	141.7
Oct 16, 2015	128.1
Oct 09, 2015	135.9
Oct 02, 2015	149.7
Sep 25, 2015	135.8
Sep 18, 2015	144.2
Sep 11, 2015	113.1
Sep 04, 2015	142.3
Aug 28, 2015	146
Aug 21, 2015	134.5
Aug 14, 2015	137
Aug 07, 2015	130.2
Jul 31, 2015	122.3
Jul 24, 2015	120
Jul 17, 2015	121.8
Jul 10, 2015	119
Jul 03, 2015	100.9
Jun 26, 2015	114.7
Jun 19, 2015	118.9
Jun 12, 2015	121.9
Jun 05, 2015	128.8
May 29, 2015	102.8
May 22, 2015	125.7
May 15, 2015	133.4
May 08, 2015	138.3
May 01, 2015	145.1
Apr 24, 2015	157
Apr 17, 2015	160.1
Apr 10, 2015	155.6
Apr 03, 2015	159
Mar 27, 2015	162.9
Mar 20, 2015	158.5
Mar 13, 2015	153.2
Mar 06, 2015	157.6
Feb 27, 2015	162.1
Feb 20, 2015	151.4
Feb 13, 2015	190.2
Feb 06, 2015	214.6
Jan 30, 2015	222.1
Jan 23, 2015	195.1
Jan 16, 2015	206.3
Jan 09, 2015	171.9
Jan 02, 2015	76.1