Should we refinance with the new interest rates?

We have a 6.5% 30y fixed interest rate, a 4 house payment which we have had no trouble paying monthly, owe 5,000 on a 0k appraisal….have no intention of moving. We are comsidering refinancing to cash out and do some home improvements like new windows (much needed) and doors, and insulating our crawl space. Is [...] http://bit.ly/mp7KjH