Mortgage applications increased 9.4% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 4, 2025.
On an unadjusted basis, the index decreased 13% compared with the previous week. Last week’s results included an adjustment for the Independence Day holiday.
The seasonally adjusted purchase index increased 9% from one week earlier. The unadjusted purchase index decreased 13% compared with the previous week and was 25% higher than the same week one year ago.
What’s driving that significant increase? “Purchase applications have likely been one of the most confusing economic details ⇒
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