DH and I have decided to refinance our home. We have talked to our old loan officer and have already locked in at a new rate of 5.5%. I am very excited as this is almost a 2% drop in our current interest rate plus we will be SAVING $150 per month. Almost too good to be true!!! Just wanted to bring this up in case anyone was thinking of refinancing their own home. Our loan officer is great and he even took the time to do an estimated calculation of the savings vs. cost to determine whether it would be beneficial for us to refinance before we made our decision.