The most recent data available on weekly mortgage application volume in the United States is from the Mortgage Bankers Association (MBA) Weekly Mortgage Applications Survey for the week ending July 18, 2025. According to posts found on X, mortgage applications decreased by 0.2% compared to the previous week. Refinance applications, which are sensitive to interest rate changes, fell 3% week-over-week but were 22% higher than the same week in 2024. Purchase applications rose 3% week-over-week and were also 22% higher than the same week last year. The average purchase loan amount dropped to $426,700, the lowest since January 2025, down from $460,000 in March 2025.
For context, earlier in 2025, mortgage application volumes showed significant fluctuations:
- For the week ending July 11, 2025, applications decreased by 10.0% on a seasonally adjusted basis, with purchase applications down 12% and refinance applications down 7%, though purchase activity was 13% higher year-over-year.
- For the week ending July 4, 2025, applications increased by 9.4% (adjusted for the July 4th holiday), with purchase applications up 9% and refinance applications up 9%, driven by a drop in the 30-year fixed rate to 6.77%.
- For the week ending June 27, 2025, applications increased by 2.7% (adjusted for Juneteenth), with purchase applications up 0.1% and refinance applications up 7%.
These fluctuations were influenced by mortgage rate movements, with the 30-year fixed rate ranging from 6.77% to 6.82% in July, and economic factors like housing inventory and policy uncertainty. For the latest data, you can check the MBA’s Weekly Applications Survey at www.mba.org/WeeklyApps or subscribe for detailed reports.