【CNBC】Mortgage demand dives nearly 22% to end 2024

• December is typically the slowest month of the year for home sales.
• The mortgage figures are seasonally adjusted, and the annual comparison shows considerable weakness.
• The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances of $766,550 or less increased to 6.97% from 6.89%.

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