Go for refinance or not at this time?I am living in the house from more then 3 years. Want to stay another 2 to 3 years in the same house. Took 7/1 ARM @ 6%. Paid 20% already to avoid PMI 18 months back. Is this the time to refinance. The house already underwater and i don't want to pay the PMI again. Please advice me as i'm in FL. Current loan amount $255K and home value is around $230K.April 28 2010 - US00YesReport 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.