Mortgage applications increased less than a full percentage point (0.8%) from the prior week, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending July 18, 2025.
On an unadjusted basis, the index increased 1% compared with the previous week.
The refinance index decreased 3% from the previous week, but remained 22% higher than the same week one year ago. The refinance share of mortgage activity decreased to 39.6% of total applications from 41.1% the previous week.
The seasonally adjusted purchase index increased 3% from one week earlier. The unadjusted purchase index details ⇒
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