Mortgage demand drops to lowest level since May, as interest rates stall

Mortgage demand drops to lowest level since May, as interest rates stall

Mortgage demand fell to the lowest level since May, even as mortgage interest rates haven't moved at all. Consumers are concerned about the broader economy.

Mortgage Applications Slump to Lowest Level Seen Since May

Little movement in mortgage rates and interest rates via the Federal Reserve have led to a downturn in mortgage applications, according to the latest data. Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending July 25, 2025 found that mortgage applications decreased 3.8% from one week earlier. On an unadjusted basis, applications… The post Mortgage Applications Slump to Lowest Level Seen Since May appeared …

Mortgage applications fall to their lowest level since May

Mortgage applications decreased 3.8% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending July 25, 2025. The decrease represented the applications’ lowest level since May. On an unadjusted basis, the index decreased 4% compared with the previous week. “Mortgage applications fell to their lowest level since May, with both purchase and refinance activity decl…

Mortgage Application Activity Slows Down

"Mortgage applications fell to their lowest level since May," said MBA's Joel Kan. Continue Reading Mortgage Application Activity Slows Down The post Mortgage Application Activity Slows Down appeared first on Weekly Real Estate News.