I’m half way through a ten-year at 2.65%.
Doesn’t look like a good time to refi.
Thirteen years ago I bought my third house. Sold the second.
I missed 1/8 off the very bottom. Had a 15 year 2.375% no point mortgage. I only financed 70K. So, the last couple years I decided to just pay it off. The interest got to be under $2K/year. So, there was really no tax benefit of keeping it anymore. Also, I was not getting any interest on the money sitting in the bank. So, I wrote a check for the last $15K.
I just wish I had bought INVIDIA. 10 for 1 split today. It was around $125/share at the time.
FYI, my first house I bought in 1990 had a 10.375% mortgage from a credit union. I was pumped to refinance that eventually to 6.75%.
“I’m half way through a ten-year at 2.65%.
Doesn’t look like a good time to refi.”
I am 1/10th through my 3% 30 year mortgage.