Unfortunately your issue is not what the interest rates are. It’s what your house is worth. If the value doesn’t come in high enough to support a refinance loan it can’t be done.
I’m not sure where you live, but is a good place to start to get an idea of your homes worth. It is not 100% accurate since a lot of the appraised value comes from surrounding sales and the condition of your home. But, as I said, it’s a place to start.
Good luck.

I think loan modification is the best option for you. find some sources where you can modify your existing loan and get current refinance rates you can try this source if you would like to modify your loan : if you get solution here please reply me back