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Private Lending & Conventional Mortgage Advice

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Kumar Gaurav
35
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258
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Mortgage rate heading south - refinance 3.5 30y?

Kumar Gaurav
Posted Jun 12 2020, 18:09

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

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