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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 Hartford
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Answers (1)

I'm in pretty much the same situation... owe 320, current book is 305.  No one even wants to talk to me, even though i have perfect credit and have NEVER been late on one payment and in fact, pay MORE than due every month for the past 2 years.

I'm stuck in my 7 1/8th 40yr fixed.
  • April 06 2009
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