Mortgage Demand Drops 22% During Holidays as Rates Move Higher

January 3, 2025

HousingWire, Jan. 2, 2024-Neil Pierson
Rising mortgage rates suppressed applications in the Mortgage Bankers Association (MBA) final mortgage applications survey index of 2024, released on Thursday. Unsurprisingly, application volume dropped significantly even with a seasonal adjustment to account for the holidays.
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