Should I refi?I am trying to refi. My house has lost about 20K a year in the past 3 years.We have a primary loan for 225K @ 4.875 and second for 21K@8.0. My house just appraised at 259K. I have already locked a rate of 4.0(with 0 closing cost). In order for me to refi the primary loan and keep an 80/20 LTV I need to pay the primary loan down by 18K and subordinate the second loan.This will save me $230 a month.Do you think is worth dumping 18K in a declilng house if we are planning on staying here for 8-10 years?Thanks in advance.October 29 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.