Mortgage Rates Low, Refinancing Frustration High

Last Updated Nov 5, 2010 8:25 AM EDT

Mortgage rates are at multi-decade lows, but that doesn't mean it's easy to refinance. I explained why the mortgage market is so tough right now with WCBS-TV this morning.
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    Jill Schlesinger, CFP®, is the Emmy-nominated, Business Analyst for CBS News. She covers the economy, markets, investing and anything else with a dollar sign on TV, radio (including her nationally syndicated radio show), the web and her blog, "Jill on Money." Prior to her second career at CBS, Jill spent 14 years as the co-owner and Chief Investment Officer for an independent investment advisory firm. She began her career as a self-employed options trader on the Commodities Exchange of New York, following her graduation from Brown University.