<prompt> Human: Recently Ive been getting a large amount of snail mail in regards to re-financing the home that I currently reside in. Its my first and primary home, weve lived in it for about 5 years now, purchase price was 189k, owe 172k, 30 year fixed at 4.2537;. I know its not a GREAT way to value your home but ZillowTrulia has it roughly 260k valuation.All bills are under control, and with a 1500mo mortgage cost, were comfortable. I guess im trying to figure out when should I be looking at refinancing?, should i be? and if so what should I be looking for in prep to do so?Thank you for the help.  <response>: The question you need to ask yourself is why would I refinance. What is it that refinancing would do to help your situation? Refinancing isnt some magic bullet that makes everything better. 