Mortgage demand is up 5.4% as interest rates ramp down
Housing Wire
DECEMBER 11, 2024
Mortgage applications increased 5.4% on a seasonally adjusted basis during the week ending Dec. 6, stemming from a 27% jump in refinance activity, according to a report released Wednesday by the Mortgage Bankers Association (MBA). This could represent a glimmer of hope for mortgage lenders heading into 2025.
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