Mortgage Applications Rose 11.2% in Week Ending March 7
Washington, DC, March 12, 2025-Mortgage applications increased 11.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending March 7, 2025.
The Market Composite Index, a measure of mortgage loan application volume, increased 11.2% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 12% compared with the previous week. The Refinance Index increased 16% from the previous week and was 90% higher than the same week one year ago. The seasonally adjusted Purchase Index increased 7% from one week earlier.