Congrats!
It’s a good feeling. Rates are definitely higher now than they were 2 months ago.
I don’t expect them to go back to those lows, perhaps somewhere in between.
The REAL benefit to a refi is to continue to make the same payment that you were previously making on your last loan. The compounded savings is huge and you can shave years off your new loan term.
It is definitely worth refinancing to save .25% at no cost.
The mistake that most people make (including mortgage ‘professionals’) is that they ONLY talk about the monthly savings. *A lower payment amount does not always mean it’s a better loan!!*
