ICE Mortgage Monitor: Highest Quarterly Mortgage Volume Since 2022 Fueled by Purchase and Cash‑Out Refinances
Introduction The latest ICE Mortgage Monitor, released August 11, 2025, shows U.S. mortgage lending hitting its strongest quarterly volume since 2022. The report highlights a rebound that is being driven not only by purchase activity but also by a notable increase in cash‑out refinances. The development marks a meaningful shift in activity patterns after a…