Updated about 5 years ago on . Most recent reply
Buying vs. refinance
My current interest rate for my personal home is 4.25%. we would like to buy another property as a personal home. So we have two options.
1. Refinance at about 2.8% now. If we do this we can't buy a personal home for 12 months, so we would have to wait.
2. Keep the current interest rate and rent out as is and purchase a new home at around 2.8% interest rate.
any help is appreciated, thanks!