Mortgage Applications Declined 0.3% in Week Ending October 17

Washington, DC, October 22, 2025-- Mortgage applications decreased 0.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending October 17, 2025.

The Market Composite Index, a measure of mortgage loan application volume, decreased 0.3% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index decreased 0.2% compared with the previous week. The Refinance Index increased 4% from the previous week and was 81% higher than the same week one year ago. The seasonally adjusted Purchase Index decreased 5% from one week earlier. The unadjusted Purchase Index decreased 5% compared with the previous week and was 20% higher than the same week one year ago.