FX.co ★ U.S. MBA Mortgage Applications Rebound with 0.8% Increase After -10% Plunge

The United States has witnessed a notable recovery in MBA Mortgage Applications, as the latest data shows a 0.8% increase for the week ending July 23, 2025. This improvement follows a significant slump of -10.0% the previous week, marking a welcome shift for the housing market.

This week-over-week comparison indicates a stabilizing trend in mortgage applications after a volatile period, possibly signaling renewed consumer confidence and a more balanced market environment. The previous week's sharp decline raised eyebrows among economists and market watchers, fueling concerns over potential underlying issues within the housing sector.

The recent uptick aligns with market expectations for a mid-year adjustment, as the U.S. housing market continues to grapple with fluctuating interest rates and market dynamics. Analysts are keenly watching subsequent weeks for sustained growth to better gauge long-term trends in the housing market and lending practices.