Despite record-low mortgage rates, many can’t refinance (Chicago Sun-Times)

Ron Cowgill, 46, who does home remodeling, has longed for to refinance out of the 7.75 percent debt seductiveness rate, though he can’t.Cowgill as well as his wife, Diane, the teacher’s help in Glenview, have the $3,700 monthly debt remuneration now.

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