18 September 2025

• Homeowners rush to refinance as mortgage rates hit 2025 low
  Homebuyer loan applications flooded in last week at the second-highest level of the year. Demand for adjustable-rate mortgage loans is at the highest level since 2008.
• Does this new housing data foreshadow a recession?
  New home starts fell 8.5 percent from July to August as builders continued to react to the negative economic outlook, according to data from the U.S. Census Bureau.
• A bunch of big real estate teams are making big moves
  As competition for talent remains intense, major teams this week moved to Compass, eXp Realty and the Real Brokerage.