Interest Rates Are Low, But Banks Balk At Refinancing

By DAVID STREITFELD, NY Times: Politics
Sat, 12/12/2009 - 9:46pm

Banks that once handed out home loans freely are now imposing such stringent requirements that many homeowners who might want to refinance are effectively locked out.

Topics: banks

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Interest Rates Are Low, But Banks Balk At Refinancing

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