Currently owe 168k on a 240k mortgage and this is 6 years into a 30 year mortgage. With current rates the way they are, is a refinance worth it? Would refinance to something along the lines of 150k by paying a little more off, but also considering moving possibly out of state if and when the real estate and job market benefits us to make the move. So if refinancing, how long to recoup costs? And please no advice about using extra $ to invest in the stock market. We already do that too but we like making extra mortgage payments.