Open Question: Should I refinance my house in my situation?

[Administrator]

I am a single mother, unemployed and have been unable to find work for 7 months now. I live in Michigan. July is the first month that I actually have not been able to pay my mortgage on time. In fact, wont be able to pay at all unless I find employment very very soon. I purchased house in August 2005 for 92,500. My principal left owing is around 88,000. I dont know what to do. Can I get a re-finance being unemployed? ....and should I?.... What other options do I have? My loan is at 6.5% and fixed (FHA), with PMI. Help....Thank you PKT..... For the other poster....FYI..... Click on this link for a little more education to add to your years of already gained knowledge....
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