May New Home Purchase Mortgage Applications Decreased 4.5%

The Mortgage Bankers Association’s Builder Application Survey for May 2025 shows mortgage applications for new home purchases decreased 4.5% compared to a year ago. Compared to April 2025, applications decreased by 9%.

MBA: Mortgage Credit Availability Increased in May

Mortgage credit availability increased in May according to the Mortgage Credit Availability Index (MCAI), a report from the Mortgage Bankers Association (MBA) that analyzes data from ICE Mortgage Technology.

Mortgage Applications Decrease in Latest MBA Weekly Survey

Mortgage applications decreased 1.2% from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly Mortgage Applications Survey for the week ending May 23, 2025.