Mortgage Demand Drops: Purchase and Refinance Applications Decline

Mortgage demand declines as home purchase applications fall by 13% and refinancing applications drop by 36% in the final week of 2024. Stay informed on market trends.

An aesthetically pleasing image of a modern house with a 'For Sale' sign, symbolizing the decline in
Mortgage Demand Drops: Purchase and Refinance Applications Decline

Demand for mortgages fell in the final week of 2024, with applications to purchase a new home down 13% and refinancing applications down 36%.

Source