I own a townhome in the Bay Area. I had refinanced 3 years ago and gotten a great rate at 3.65% for 30 yr fixed term. With rates falling, I’m looking at options to refinance again at perhaps something even lower. Should I be looking at a 15 yr term or opt for a 30 yr fixed
What rates should I expect?
What is your objective? A lower monthly payment? Less interest paid over the lifetime of the loan?
@Ali Sardar The rate you are looking for is the 3.65% you already have. Best move is not making one. That's a pretty slick rate!