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Latest / Kyler Hood's DFW Market Brief

DFW Market Brief, Episode 32 — Tuesday, November 3, 2026

Mortgage applications rose 3.4 percent after rates dipped for a second week, but purchase applications are still 18 percent below a year ago. Why demand answers a rate move slowly, not instantly, and why one up week is not a recovery.

The numbers from this episode:

Total mortgage applications: up 3.4 percent from the week before, seasonally adjusted, for the week ending October 23 (Mortgage Bankers Association)

Purchase applications: up 4 percent, seasonally adjusted, but 18 percent below the same week a year ago, unadjusted (Mortgage Bankers Association)

Refinance applications: up 3 percent…

The skinny

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