FX.co ★ US Mortgage Applications Surge

In the first week of July 2025, mortgage application volumes in the United States experienced a significant increase, rising by 9.4% compared to the prior week. This marks the highest surge in a month, based on data from the Mortgage Bankers' Association. This growth represents the third consecutive weekly increase in application volumes, the longest streak observed since early December 2024. This trend coincides with a decline in benchmark mortgage rates, reaching their lowest levels since April.