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Mortgage Activity Levels Off in April as Rates Increase

Thread starter Hoca
Start date May 6, 2025

Hoca

Administrator

Staff member

May 6, 2025

Mortgage loan applications saw little change in April, as refinancing activity decreased. The Market Composite Index, which measures mortgage loan application volume based on the Mortgage Bankers Association (MBA) weekly survey, experienced a 0.4% month-over month increase on a seasonally adjusted (SA) basis. However, year-over-year, the index is up 29.3% compared to April 2024. The...

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