I owe 233,000 on my home but with the economy it is pnly worth 209,000. Can I refi?I want to refinance for a lower rate and to get rid of my PMI but I am being told I have no options because the value of my house has dropped so much. Do I have ANY options?April 04 2009 - West Hartford00YesReport 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.