UK mortgage approvals increased to 63,032 in May 2025, surpassing forecasts of approximately 60,800 and previous figures around 60,463. In June 2025, approvals further rose to 64,167, exceeding the estimated 63,100 and the revised May figure of 63,300. Net lending secured on dwellings in the UK showed a notable increase to £5.34 billion in June, well above the forecasted £2.35 billion and previous revised figure of £2.2 billion. Consumer credit year-over-year growth was 6.5% in May and increased slightly to 6.7% in June, with net consumer credit rising to £1.417 billion in June from £0.9 billion in May. In the United States, mortgage applications declined by 3.8% in the week ending July 25, 2025, compared with a prior increase of 0.8%. The 30-year mortgage rate remained relatively stable at 6.83%, slightly down from 6.84% the previous week. Market indices related to mortgage activity also decreased, with the overall market index falling from 255.5 to 245.7, the purchase index from 165.1 to 155.6, and the refinance index from 747.5 to 739.3.