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News for: Mortgage Application Activity
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Jun 13, 2025 10:00 AM — Mortgage Application Activity
Purchase Demand Near 2 Year Highs; Refis Bounce Back
After a lull following Memorial Day, mortgage application activity increased significantly, with both purchase and refinance demand reaching their highest levels in over a month. Refinance applications jumped 16% and are now 28% higher than the same period last year, while purchase apps rose 10% week-over-week and are 20% above 2024 levels. Rates were mostly mixed, with the average 30-year fixed r... more
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