Refinaning for elderly couplesMy parents are 68 and older and live in their home valued over $650,000 in San Francisco. Outstanding mortgage is $350,000 with 6.88% rate. Their annual income is $38,000. They have been in this home since 1987. Any chance of refinancing with a lower rate?November 09 2010 - San Francisco00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.