By Ron Fink, includes “If you owed a couple of hundred thousand dollars on your house and suddenly the interest rates went down, would you refinance the house to save a substantial sum of interest over the 15-year life of the new loan? Sure you would, because you would get a ‘pay raise’ and have more disposable income because your payments would be lower because of the new lower rate. … Considerably more thought is needed, and that’s why government is designed to move slowly on matters like this.”