I am thinking about refinancing out of our 4.15% rate. Does anyone know if rates are going to go up? Will it really be worth it?

No one knows if rates will go up or when. The best thing to do is to talk with a mortgage professional who will take the time to review your current scenario and see if it is worth it to refinance.

Hi Nicole,It may make sense, and I would also suggest you consider a 15 year term.Definitely want to see what the total cost is and determine your break even point to see if it makes sense.