Weekly Housing Headlines

Mortgage applications increased 12.5% from one week earlier; mortgage credit availability increased to its highest level since August 2022; mortgage activity dropped 14% in Q1 2025; U.S. homeowners with mortgages saw home equity increase by $115 billion since Q1 2024; U.S. house prices rose 4.7% in Q1 2025, compared to Q1 2024; roughly 74% of consumers said it’s a bad time to buy a house; and 30% of recent homebuyers say they feel financially overwhelmed.

Mortgage Applications Increase in Latest MBA Weekly Survey
Mortgage Bankers Association - 6/11/2025
Mortgage applications increased 12.5 percent from one week earlier, according to data from the Mortgage Bankers Association’s Weekly Mortgage Applications Survey for the week ending June 6, 2025.

Mortgage Credit Availability Increased in May
Mortgage Bankers Association - 6/10/2025
Credit supply increased to its highest level since August 2022, driven by growth in the supply of both conventional and government loans, as lenders offered a greater variety of loan types to support the spring homebuying season.

U.S. mortgage activity drops 14% in Q1 2025
Mortgage Professional America - 6/10/2025
The U.S. residential mortgage market experienced a significant downturn in the first quarter of 2025, largely driven by a sharp decline in home purchase loans, according to a report by ATTOM.

Cotality: Annual Home Equity Declines $4.2K on Average as US Home Price Appreciation Slows
Cotality - 6/12/2025
U.S. homeowners with mortgages (which account for roughly 62% of all properties) saw home equity increase by $115 billion since the first quarter of 2024, a gain of 0.7% year over year, bringing the total net borrower equity to over $17.3 trillion in the first quarter of 2025.

House Price Appreciation by State and Metro Area: First Quarter 2025
Eye On Housing - 6/10/2025
Nationally, according to the quarterly all-transactions House Price Index released by the Federal Housing Finance Agency, U.S. house prices rose 4.7% in the first quarter of 2025, compared to the first quarter of 2024.

Nearly 75% of consumers think it’s a bad time to buy a house: Fannie Mae
Scotsman Guide - 6/9/2025
About 74% of consumers said it’s a bad time to buy a house, according to Fannie Mae’s national housing survey conducted in May. That’s an improvement from April, when 77% of respondents said the timing was poor.

Nearly A Third Of Home Buyers 'Overwhelmed' By Their Purchase
Financial Advisor - 6/12/2025
Thirty percent of recent homebuyers feel financially overwhelmed since purchasing their home, and nearly 23% say their overall financial health has deteriorated, according to the 2025 American Home Buyer Report.

Weekly Housing Trends View — Data for Week Ending June 7, 2025
Realtor.com - 6/12/2025
This summer is starting off with rising inventory, easing competition and relatively steady prices — creating a more buyer-friendly market compared to last year.

Redfin Reports Just 28% of Homes Are Selling Above Asking Price, The Lowest Springtime Level Since 2020
Redfin - 6/12/2025
Pending home sales are down 1% year over year while new listings are still rising, giving buyers negotiating power, according to a new report from Redfin.

High-end home sales soar despite inflation, climbing interest rates
Mortgage Professional America - 6/9/2025
According to a Wall Street Journal report, U.S. home sales priced at $10 million or more have surged in several markets since February. This uptick comes despite high interest rates, persistent inflation and ongoing recession concerns.