Mortgage demand drops 22% during holidays as rates move higher by Neil Pierson for HousingWire
HousingWireHousingWire 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. Mortgage demand declined 21.9% from two weeks earlier during the week ending Dec….
Continue reading →