U.S. Refinance Application Volume (2009–2025)
FreeRateUpdate’s authoritative analysis of refinance-application activity across the U.S. (MBA Weekly Refinance Index).
Figure 2 — MBA Refinance Application Volume, 2009–2025 (Annualized Proxy)
Chart & Key Data (2009–2025)
Key Insights
- Major refinance surges occurred in 2009-2010, 2013, and 2020-21.
- Applications declined sharply in 2022-23 and stabilized in 2025.
Sample data table for crawler readability
| Year | Index (MBA normalized) |
|---|---|
| 2025 | 1600 |
| 2024 | 1200 |
| 2023 | 900 |
| 2022 | 1800 |
| 2021 | 4800 |