My rates were from Friday, so they must have really dropped since then.

Checked our rates today for an owner occupied, 700 credit score, 50% LTV, refi no cash out and rates are 4.5% with a 0.5 fee and 4.625% with no fee. Lots of variables go into what the rate will actually be, so keep that in mind when getting a quote.

Commercial loan rates are pretty good as well, with 5 year rate periods of 6.125-6.625% depending on property type,

It would be a good time to talk to your banker.