Since my wife and I are having our first baby in September, and I just took a 10% pay cut at work, I want to refinance my mortgage. Problem is, my house is worth about 20-25 grand less than what I paid for it in Dec. 07. I have excellent credit and have not missed a payment. Obama is bailing everyone else out with their mortgages, why am I having so much trouble getting help? Do I need to skip a couple payments before I get help? Do I just wait and pray that home values rise this summer? How do I get my piece of the pie? I pay taxes,(a lot of taxes) when will my tax dollars start working for ME and not everyone else!? Or am I just screwed?
