FX.co ★ US Mortgage Applications Fall for 3rd Week

Mortgage applications in the United States declined by 1.8% for the week ending October 10, 2025, signifying the third straight week of decreasing mortgage demand. Applications for refinancing home loans fell by 1%, while those for purchasing homes fell by 2.7%. During this period, the average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances (up to $726,200) decreased by 1 basis point to 6.42%.