MBA President and CEO Bob Broeksmit, CMB, commented on Senate passage of H.R. 1, the Republican-led tax and spending package on July 1. As of Thursday morning, the bill was still moving through the House of Representatives.

Mortgage applications increased 2.7% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending June 27, 2025.  Last week’s results included an adjustment for the Juneteenth holiday.

Mortgage loans led an increase in early- and mid-stage delinquencies across all credit categories in May, according to new CreditGauge report from VantageScore, San Francisco, Calif.