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 today’s MBA purchase application survey, this data reflected an 11% increase week over week and a 13% increase year over year, indicating resilient market performance.
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.
As employees of the Consumer Financial Protection Bureau (CFPB) sit in home offices awaiting news of their fate, the enforcement landscape has already shifted to state regulators. And if Craig Ungaro’s experience is any indication, the dynamic will pose a very different challenge for independent mortgage banks.
We all know what we need to do to grow our business. It’s about making meaningful connections and creating a network of people who know, like, and trust you—not just as a loan officer, but more importantly, as a person.
Sounds easy enough. But how do you actually build that network?
| Newer Posts | Older Posts |