Use the Windows explorer and drag&drop the folder into the MP3tag Windows while pressing Ctrl - this adds the folder to the currently loaded files and works just like a refresh for a single folder.
To reload all folders, also use drag&drop either with the selected top folder or a set of folders in the Windows Explorer.
This feature has been requested a couple of times and the best folder browser for this purpose is the display in the WIndows explorer.
See also here: