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Lucky Number...Six
Rates dip toward the magic threshold — will buyers finally jump in?
Splits and Caps Daily: Action for Agents
September 18, 2025
📈 Market Move:
Cuts = Catalyst?
The Fed just made its first rate cut in 9 months — a tiny 0.25% trim that brings short-term rates to ~4–4.25%. Nothing shocking, but here’s what matters:
Mortgage rates are flirting with that magical 6% line (they hit 6.13% yesterday). That’s a psychological barrier for buyers — dip under it, and you could see a fall market surge.
Refis are already exploding — up 70% year-over-year. Purchase apps are up 20%. Translation: people are feeling the itch to move money around.
Real estate stocks (like Opendoor, Offerpad) jumped double digits today. Wall Street smells opportunity.
Builders, who’ve been suffering through rising costs and weak demand, might finally catch a break with cheaper financing for land and development.
Bottom line: This wasn’t a “pump the brakes on inflation” cut — it was a “please don’t crash the economy” cut. The real question now: can mortgages crack below 6% and actually unlock the buyers sitting on the sidelines?
🌟Quote of the Day:
“Judge a man by his questions rather than by his answers.” — Voltaire
⚡ Quick Win:
One-Tab Reset: Close every single browser tab. Open just one—the one you’re actually working on. Suddenly, productivity feels easy again.
🎉 Fun Fact of the Day:
Equine Equity: 🐎 In Kentucky, some horse barns are fancier than houses — chandeliers, climate control, even heated floors… for the horses.
📚 Book Recommendation:
“The Decision Book” by Mikael Krogerus & Roman Tschäppeler — Ever sit there staring at two options like: “Do I buy the house, or keep renting and blow cash on vacations?” This book is basically a cheat sheet for your brain.
It packs 50 mental models into a pocket-sized playbook — decision trees, 2x2s, and frameworks you can steal to think clearer and faster. It’s not heavy theory; it’s the kind of book you flip open before a meeting, a deal, or even figuring out whether to eat tacos or salad.
Bottom line: If your brain feels like a messy browser with 37 tabs open, this book gives you the shortcuts to hit “close all” and just make the damn call.
Keep stacking days like this — the compound effect is undefeated.
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