Is it worth refinancing for 0.5 percent? Or should I wait for 1 percent or more?

How much do refinance rates need to drop before I refinance? Is the rule 1%, or should I refinance for just a 0.5% lower rate? Original Article Posted at : https://themortgagereports.com/51755/should-i-refinance-for-quarter-percent-lower-refinance-rates