So i keep getting daily letters that the rates have dropped bla bla bla, I currently have a FHA loan at 5.0% Been in the house for about 3.5 years 4 years in FEB. It says the new payment will be about 300 bucks cheaper. Are there refinance where i dont have to put money down, what about the PMI when does that go away.. I would like to sell the house and try to get a lake house but im still not sure what to do. I guess what im asking is, is it worth doing if i would plan on selling the house in 2 years maybe 3.