Mortgage Applications Rose 2.7% in Week Ending June 27

Washington, DC, July 2, 2025-Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 27, 2025. Last week’s results included an adjustment for the Juneteenth holiday.

The Market Composite Index, a measure of mortgage loan application volume, increased 2.7% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 13% compared with the previous week. The Refinance Index increased 7% from the previous week and was 40% higher than the same week one year ago. The seasonally adjusted Purchase Index increased 0.1% from one week earlier. The unadjusted Purchase Index increased 10% compared with the previous week and was 16% higher than the same week one year ago.