What should I watch out for regarding refinancing?

We owe 190,000 on our house we built 3 years ago that is worth 350,000 in today's bad market. Our interest rate on our loan is 6%. We can refinance at 6% again right now with our same bank and we are thinking about taking 25,000 to consolidate debt left over from initial construction and make a home improvement. Our credit card debt has been on fixed interest rates (4.9%) but I don't like having this much on credit cards. I know they say to get an interest rate 1% or lower when refinancing, but in our case with having the equity and the same rate, shouldn't this be a favorable situation? We aren't ever planning on moving from here, so I don't know if that makes a difference in how people make the decisions to refinance. Any advice or info I am overlooking would be greatly appreciated!