Unemployed and unable to refinance

Oct 15, 2021
With mortgage rates around 3%, many of those who might benefit the most from refinancing and reducing their monthly payments aren’t able to.
Although mortgage interest rates are low, many banks require applicants for refinancing to be employed.
courtneyk via Getty Images

Who actually gets those low, low mortgage rates?

Oct 20, 2020
Different lenders may offer the same individual wildly different rates and fees.
A construction worker walks through the site of a new house being built in San Marino, California. Housing starts in September were up 11% from last year.
Frederic J. Brown/AFP via Getty Images

You can refinance a car, but not a student loan

Jun 4, 2014
A bill was introduced that allows students to re-finance their student loans.

Turning the neighborhood around

Mar 21, 2012
Jennifer Kuzara is doing her part to spur a recovery, both in her Atlanta suburb and the wider housing market.

Do you qualify for help from the foreclosure settlement?

Feb 10, 2012
The details of the settlement between the states and the banks are still being hashed out. But, if you want to know if you might qualify, we’ve got some information to get you started.

To refinance or not to refinance

Feb 3, 2012
I have the opportunity to refinance from 5-1/4 percent to 4-1/4 percent. The savings will be $249 a month, which we really need because we probably will need a new car next year. The payback for the closing costs (rolled into the refi) would take 2 years. However, there is a small chance we could be moving due to my job before 2 years. Should I take the lower rate to get the monthly savings or find the money for the car elsewhere? My wife's and my credit scores are high -- about 800. (Yes, Tess, I checked FICO per your constant reminding on the show.) Eric, Ringwood, NJ

Obama plan to help homeowners spur housing recovery

Feb 1, 2012
President Obama announces a new program to help eliminate what he calls a stubborn drag on the economy.

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11 million homeowners underwater

Feb 1, 2012
Over a quarter of Americans owe more than their homes are worth, but does the U.S. government have the political will to help?

Obama's latest push for mortgage refinancing

Jan 30, 2012
In his State of the Union address, President Obama sketched out a plan to help homeowners refinance, something Allan Sloan calls 'Wall Street bailing out Main Street.'