Mortgage applications decreased 0.5% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending August 22, 2025.

On an unadjusted basis, the index decreased 2% compared with the previous week.

The refinance index decreased 4% from the previous week and remained 19% higher than the same week one year ago. The refinance share of mortgage activity also decreased to 45.3% of total applications from 46.1% the previous week.

The seasonally adjusted purchase index increased 2% from one week earlier. The unadjusted purchase index decreased 0.1% compared with the details ⇒

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