Mortgage rates started the year slightly above 7{48ae5c47fe3c6133626892b25d8aaaf3650a597e27f86db667dd743ee993a4f4} but are heading into the holiday season near 6.2{48ae5c47fe3c6133626892b25d8aaaf3650a597e27f86db667dd743ee993a4f4}. 2026 forecasts show little change ahead.
MBA’s December forecast projects economic growth of 1.6{48ae5c47fe3c6133626892b25d8aaaf3650a597e27f86db667dd743ee993a4f4} in 2025 and puts the chance of a recession over the next 12 months at 35{48ae5c47fe3c6133626892b25d8aaaf3650a597e27f86db667dd743ee993a4f4}.
Real estate technology company reAlpha Tech Corp. has closed a deal to acquire lender InstaMortgage Inc. for $8.5 million in a cash-and-stock transaction.