DFW Market Brief, Episode 27 — Wednesday, October 28, 2026

Kyler Hood's DFW Market Brief · Oct 28, 2026 · 2m

Mortgage applications fell 5.3 percent for the week ending October 16 even though rates dipped. Purchase applications dropped 7 percent and sit 18 percent behind last year's pace. Why demand responds slowly, and why the MBA rate and the Freddie Mac rate are two different surveys that should never be blended.

The numbers from this episode:

Total applications: down 5.3 percent, seasonally adjusted (MBA)

Purchase applications: down 7 percent for the week, 18 percent below the same week a year ago (MBA)

Refinance applications: down 2 percent for the week, 59 percent below a year ago (MBA)

MBA…