Purchase applications saw a slight uptick even as overall mortgage applications decreased 2.0% from last week, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 21, 2025.

The index decreased 2.0% on a seasonally adjusted basis from one week earlier, and on an unadjusted basis, the index decreased 2% compared with the previous week.

The refinance index decreased 5% from the previous week but was still 63% higher than the same week one year ago. The refinance share of mortgage activity decreased to 40.4% of total applications from 42.0% last week.

The details ⇒

BusinessMediaguide.Com portal received this content from this noted web source: HousingWire.Com