Do feel this way about your current mortgage?

Everyone is feeling this way no days so it seems. Mortgage rates are on the rise again but the real estate market is still on the way down. This certainly does not make any sense just today I got mailer from lending tree . com for a streamline re finance on my current home loan. I ask myself who is going to lend you more than what the house is worth it just does not make any sense at all. Mortgages rates are still at a pretty good % but not for long is what I am hearing. It seems as though everyone is in pretty deep with credit debt and bankruptcy is a common practice so do you refinance your home or just dump the house and add it to your bankruptcy and just go rent yourself a nice house and get rid of the headaches.