CNNW Your Bottom Line October 29, 2011
homeowners to refinance high-interest mortgages at these rock-bottom interest rates. who qualifies? homeowners who have mortgages backed by fannie mae and freddie mac. you must be current on your payments. and you'll now be able to refinance no matter how much you are under water on that home. this lifts a previous limit of 125% loan-to-home value ratio. the program also aims to streamline the refinancing process, please, and reduce and eliminate fees. i'm joined now by lynnette cox, bob molten and rick newman is the chief business correspondent for "u.s. news & world report." the wh...
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