5/27/2010 8:19 AM (PST)

Starry, Are you referring to a specific company? Let me know by providing their contact information so I may locate a report.

5/27/2010 11:09 AM (PST)

I don't know what state you are in but if you live in CA, FL, NV, AZ, or MI appraisals will most certainly be low because these are the "hardest hit" states in the foreclosure crisis. Refinancing will be extremely difficult. Check out this website for info on refinancing to a lower interest rate when your home value has decreased:

http://makinghomeaffordable.gov/refinance_eligibility.html