Bank Notes

It helps to be a completely average Joe or Jane with a good salary and not much debt if you want to refinance your home to take advantage of the still historically low interest rates out there.

Local mortgage brokers and bankers can help you navigate through the stricter federal qualification rules, from lower debt-to-income ratios to better credit scores.

“There’s really a very minimal specific group that qualifies,´ said Joshua Stevens, owner of J Stevens Mortgage in Boulder. “It’s harder than it was to get approved. Up until about three years ago, over 99 percent of people were getting approved; now…