Refinancing again, is it worth it?

We just refinanced our mortage in November/December at around 6.2%.
Some offers are now 5.9%… Is it worth it (and possible??) to refinance again?
Any dopers had an experience with refinancing their mortgage in such a short period of time?

I don’t think time is a problem but I have heard it’s usually not worth it unless you can get a 2% reduction in interest

Need to know:
Estimated Closing Costs
Any points or origination fees

How long to you plan on living there
Are you paying PMI
Principal Balance of Mortgage

ummm, good to know… Thank you Kanicbird!

I heard that it isn’t worth it if it is less than two years since your last refinance. But I suppose that depends on closing costs and points on each deal.

We’re in the process of refinancing right now and got down to 5.375%. WooHOO!!!

5.375!!! That is impressive! I didn’t even that was possible!!