Mortgage Applications Rose 33.3% in Week Ending January 10

Washington, DC, January 15, 2025-Mortgage applications increased 33.3% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending January 10, 2025.  

Last week’s results included an adjustment for the New Year’s holiday.

The Market Composite Index, a measure of mortgage loan application volume, increased 33.3% on a seasonally adjusted basis from one week earlier. On an unadjusted basis, the Index increased 52% compared with the previous week.  The Refinance Index increased 44% from the previous week and was 22% higher than the same week one year ago. The seasonally adjusted Purchase Index increased 27% from one week earlier. The unadjusted Purchase Index increased 48% compared with the previous week and was 2% lower than the same week one year ago.