Mortgage rate heading south - refinance 3.5 30y?
Hello,
I currently have a 30 year Mortgage loan at 3.5 rate of interest on my owner occupied triplex that I bought less than 3 years ago with 20% down at 750k pp.With the mortgage rates getting lower and lower when would it make sense for me to refinance? should I wait a little longer? Would it make sense to cash out refinance? Appreciate your feedback.
Thanks