Refinance or Sell?I have a home that I bought for 142,000.00 and owe around 130,500.00. My situation has changed since buying the home, with me commuting to work 2 hours a day and a lower salary. My interest rate is 6.3 on the current loan 30 year fixed. Which would be better right now. Sell or refinance. I really don't care about the commute, it is just getting difficult to make the payments. Also, if I refinance will the payments go up again in a few years due to escrow? ThanksApril 15 2010 - Fort Smith11YesReport 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.