freddie mac

  In many cases, you can lower your interest rate even if you owe more on your home than it's worth. As low as they may be, I still don't think jumping into an adjustable rate mortgage makes sense. But, getting a six-percent rate or even a high-five-percent rate down into the four percent range DOES make sense. Don't let the fact that your home is "underwater" hold you back from exploring the possibility.   Do your calculations carefully. No doubt you will be adding … [Read more...] about Refinancing While Under Water