Asianautica,as a customer, one always wants to get the best deal. Lots of homeonwners that are qualified and having capitals are still searching for a good deal and that do not mean that they cannot afford something. I think asianautica needs to differentiate the difference. I am having a 6% right now, and I want to search for something that is signifcantly lower, and I am not in a hurry, something wrong there? Besides, even if you have several grands in your hands, does it mean that you have to spend it anyway if there are choices? That seems the american way of spending coming back already. Furthermore, spending a few thousand bucks may not necessarily save you a lot in the future. You have to be wise to choose. If you pay thousands of dollars just to enough to save you $20 a month. It is not a good investment and why not wait a little longer. Have you done a refi before?