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Mortgage Applications Increased 11% From Preceding Week, Fed Will Remain On Hold (Purchase Apps Up 12%)

The Fed can help, but won’t. We are still struggling to recover from Biden’s cockeyed management of the economy, Mortgage applications increased 11.0 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 2, 2025. The Market Composite Index, a measure of mortgage loan application volume, increased 11.0 percent on a seasonally adjusted basis from o…
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confoundedinterest.net broke the news in on Wednesday, May 7, 2025.
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