For many homeowners, it’s worth refinancing to save $100 a month. Whether that’s true for you depends on a number of factors. Do you need the extra wiggle room in your budget? Will you stay in the home long enough to “break even” with the cost of refinancing? Or can you refinance to accomplish another goal, like cashing out your home equity or paying off your current loan early? In this case, the monthly savings might not matter. READ MORE