Mortgage applications soar as refinances surge on a big rate drop Should You Choose a Fixed or Variable? One of these is choosing between a fixed- or variable-interest-rate mortgage. True to its name, fixed-rate mortgage interest is fixed throughout the life of the loan. In contrast, the interest rate on a variable-interest-rate loan can change over time.Refinances, which are most rate-sensitive, led the surge, jumping a remarkable 47% week to week and 97% annually. That pushed the refinance share of total mortgage application volume to 49.8% from 42.2%. It is nothing short of a refinancing boom, with applications now up 63% in the four weeks as rates have fallen 28 basis points over that time.
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JLC Advisors lawyer who allegedly misappropriated $33m of client’s money, faces 8 new charges Lowest mortgage rates in a year and a half don’t impress homebuyers – Real Estate Technique Lowest mortgage rates in a year and a half don't impress. – Lowest mortgage rates in a year and a half don’t impress homebuyerssource: cnbc real estatepublished on 2019-06-05A former Ameriprise financial advisor is expected to stand trial June 12 in Santa Ana on federal fraud and money laundering charges for allegedly embezzling clients’ funds that she promised.
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