I am a refinance whore. I think I’ve refinanced three times each down another 50 basis points. Rates dropped yesterday. I think it had to do with the quantitative easing announcement from the Bank of Japan pledging to keep interest rates at zero. That kicked off an email alert from my mortgage rate monitor that rates had hit my low threshold. Here’s the deal, I think rates may drop ever so slightly again. Meaning, I think I can get less than 4.00% for my 30 year mortgage. Meaning my monthly mortgage will be in the $1600 range. That’s the debate going on in my head right now. Refinance again or wait it out?