Remember when low interest rates solved so many problems?Homeowners could refinance to lower monthly payments, easing the monthly debt load and household anxiety at the same time. Lower mortgages allowed families to pay bills not even associated with the home's principal, interest, taxes and insurance. We were in that emotional boat many times, including once in the early 1980s when double-digit inflation had us waiting for a home-loan rate of less than 12 percent. When rates came down even more, we refinanced again to make the monthly load even lighter. However, we were never forced to leave our home because of default or foreclosure; never had to downsize because we couldn't make ends meet on the housing front. I can't imagine the feelings of hurt, frustration, anger and embarr...
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