I have had many former clients as well as friends to call me recently about refinancing due to the low attractive mortgage rates. Unfortunately, I've not been able to help some of them because of little equity in their home, low credit scores scores or other roadblocks such as recent mortgage lates. The best advice I can give someone who is having difficulties making their mortgage payments is to contact their current lender. If you have experienced late payments recently and are expecting more financial stress with the holidays fast approaching, then I urge you to call your mortgage company to ask for assistance. Lenders are encouraged to work with their customers to avoid possible foreclosures and honestly, they don't want the property back. I have read of success stories where loan modifications were made to help families stay in their homes. You may have to actually write a letter to your lender explaining in detail the financial struggles you are experiencing but it's best to keep them informed of your situation. A loan modificcation or restructuring can help you gain a fresh start managing your home.