Mortgage rates are at record levels, but many homeowners think they can't refinance because they owe more than the house is worth. Several of my mortgage sources have told me about situations that seemed impossible, but weren't. There's a great story in the New York Times today that highlights several programs that can help people in that situation. Check it out, and be sure to let me know if you thought it was impossible, but made it work. I'm at jim.buchta@startribune.com.
Refinancing while underwater not impossible
Several federal programs - and a smart loan officer - can help people who owe more than their house is worth
September 14, 2011 at 9:26PM
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buchtjd
It’s too soon to tell how much the immigration crackdown is to blame.
