Refinance loan options

[Kenneth Brown]

My wife and I are complete newbies to RE. We bought a condo when we got married because we didn't want to rent and a condo was what we could afford at the time. However, with our family growing, we quickly have outgrown our condo and want to move on. Here's the kicker... we want to keep the condo but our interest rate is so high we are afraid it won't make sense as presently constructed. 

Now the question is what is the best refinancing options for us to keep this property while not coming out of pocket so much?