3 ms·You can refinance your mortgage when interest rates are lower.by saulpw 1y agoYou can refinance your mortgage when interest rates are lower.apwell23 1y agoyou can also win a lotterysaulpw 1y agoAt least 10^7 people have refinanced their homes at lower rates, while only 10^5 people have won the lottery. So refinancing is substantially more likely than lottering.apwell23 1y agoyea an event that happened just once ( 2.5% rate ) is more likely.