• There are several steps homeowners can take to protect themselves from foreclosure when interest rates are high. One option is to refinance their mortgages when interest rates are low. This can help lower monthly payments and make it easier for homeowners to keep up with their mortgage payments. Additionally, homeowners can consider converting their adjustable-rate mortgages (ARMs) to fixed-rate mortgages to lock in a lower interest rate. Another option for homeowners is to reduce their