Extreme workouts: Borrowers scoring 2% mortgages

Courtesy Economic news - CNNMoney.com  Wed, 12/16/2009 - 03:40

At 8 a.m., homeowner Rodney Wynn was drowning under his $1,800-per-month, 13.4% interest rate mortgage. But by 5 p.m., he had found some relief: a 4.7% loan with a $970 monthly payment.


 

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