I am upside down on my home; will any of the "Obama" mortgage refinance programs help us in any way?For example, we owe (2nd and 3rd included)485k on an estimated home value of 395k. Any ideas on how to take advantage of low rates in this position?April 10 2009 - Valley Center0YesReport 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.