Lenders witness surge of mortgage demand last week
Friday, May 9th, 2025
It’s probably too early to get excited, but several lenders reported that mortgage demand climbed to 2022 levels this week.
It’s probably too early to get excited, but several lenders reported that mortgage demand climbed to 2022 levels this week.
Mortgage applications increased 11% from one week earlier amid a decline in rates, according to data from the Mortgage Bankers Association’s (MBA) weekly mortgage applications survey for the week ending May 2, 2025.
The index increased 12% on an unadjusted basis compared with the previous week.