When was the last time you refinanced your mortgage?

Last I checked it was potentially below 4%. May do it soon.

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I keep hearing interest rates should be down to 4-5%

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lower than that actually. They were below 3% for a while. Not sure where they're at now

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I keep hearing interest rates should be down to 4-5%, but how many are actually getting that?

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I refied last summer at 3.7%

It was definitely worth it. I haven't looked since last year, but if rates are now "down" to 4-5% then something has gotten fricked up. Before I refied, I'd had 5% since 2004.

Never. 3.75% SON!

Did it before Thanksgiving. Got 2.8%, or something like that. The wife handles those kinds of things.

3.25 bout 6 months ago

2011. Got it down less than 4 and saved me 400 bucks a month, plus got some money also.

I refinanced at 3.25% for 30 in December

You should look into it, you will most likely save money and the only question is how long you plan to stay in your house vs. how long it takes to cover the refinancing costs. I went from just over 6% to 3.75% with a quicker payoff and the break even point was about 1.5-2 years.

Even if you move before your break even point you still might come out ahead, because reducing the interest rate and years changed how much of my mortgage payment went to principle each month, so I'm building up equity much quicker than if I'd have kept the original loan.

I did it in April 2012 and got 3.0%/15yr