Mortgage Demand Stalls After Mini Refinance Boom

CNBC, Sept. 24 2025-Diana Olick
Total application volume rose 0.6% last week from the previous week, according to the Mortgage Bankers Association’s seasonally adjusted index.

Refinance demand, which had surged to the highest level since, rose just 1% for the week but was 42% higher than the same week one year ago.

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