Why mortgage purchase applications have been positive all year
Housing Wire
MAY 7, 2025
In 2025, despite a lot of negative economic headlines, mortgage purchase application data has shown positive year-over-year growth for 14 consecutive weeks. In todays MBA purchase application survey , this data reflected an 11% increase week over week and a 13% increase year over year, indicating resilient market performance. But how is this happening with terrible housing affordability and all these negative confidence sentiment index reports we’ve seen?
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