General World News

VA loan applications see uptick as all other applications decrease

Mortgage applications decreased 2.6% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 13, 2025.

On an unadjusted basis, the index decreased 4% compared with the previous week.

The refinance index decreased 2% from the previous week and was 25% higher than the same week one year ago. The refinance share of mortgage activity increased to 37.3% of total applications from 36.7% the previous week.

The seasonally adjusted purchase index decreased 3% from one week earlier. The unadjusted purchase index decreased 5% compared with the previous week and details ⇒

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