Record-low interest rates are out of reach for many homeowners, and a big reason is that millions are underwater. Obama and others are trying to assist them.U.S. interest rates are at rock-bottom levels, but that's not helping most Americans with mortgages. And those high-cost loans remain a big drag on the economy, experts say.
Comment on Two-thirds of Americans with mortgages pay 5% interest or higher
By Alejandro Lazo, Los Angeles Times, Los Angeles Times
Tue, 09/18/2012 - 5:31am
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