Is it still a good time to refinance?
This is going to be a case by case scenario and the answer is that it depends. You must first look at what your interest rate is on your current loan and how long you plan to be in the home. Generally, if you can reduce your rate by a full percent and plan to stay for the long haul, then it may very well be a smart play.
It also depends on your objective. Are you only looking to lower your interest rate and payments? Or are you tapping into some home equity for a big home project? Each case will be a little bit different depending on your current numbers, timeline and goals. As always, we're happy to take a look at your particular scenario and let you know what options are available to you.