MEGAN MCARDLE: How To Think About Refinancing:

Everyone tells me that this blog has become perhaps a mite gloomy over the past few days . . . weeks . . . months. So let’s look at one of the rare bright spots in this financial Twilight of the Gods: mortgage rates. They’re really low. So low that my husband and I, who bought our house last October, have been seriously considering refinancing. I thought it might be worthwhile looking at how we made the decision.

Yeah, we refinanced last year and now I’m watching the rates again.