ICE Mortgage Monitor: Highest Quarterly Mortgage Volume Since 2022 Fueled by Purchase and Cash‑Out Refinances

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…

Refinance Applications Rebound After Recent Slide

Refinance Applications Rebound After Recent Slide

What the MBA data indicates The MBA’s weekly applications index, a widely watched snapshot of lender activity, recorded an increase in refinance requests compared with the prior reporting period. The uptick reversed a short run of declines that had been driven by higher long-term yields and uneven economic data earlier this summer. Purchase applications remained…