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Rush begins: Refinancing is surging as mortgage rates dip below 6.3%, prompting homeowners who locked in loans at 7% to 8% to act fast. Refinance applications have doubled year over year, and borrowers are moving at unprecedented speed despite the costs. Read more from The Wall Street Journal.
Bonuses: The FAA will award $10,000 bonuses to just 776 air traffic controllers and technicians with perfect attendance during the shutdown, leaving nearly 20,000 others out. Many missed work due to financial strain, causing nationwide delays. Trump backed the bonuses and suggested docking pay for absences, though the FAA hasn’t announced penalties. Read more from the Associated Press.
Campus crackdown: LSU’s new traffic camera enforcement system has issued 731 parking citations since August, according to the university. The cameras, hidden in gray bollards around campus, automatically ticket drivers who stop in restricted areas. One motorist received three fines totaling $975 after briefly pausing in a fire lane. Read more from WAFB-TV.
