primary residential refinance

[Ali K.]

New to this community, looking forward to connect with ppl in MN or TX!

Question: bought my house in the cities for 280k, Zestimate shows 350k after four years, 15yr mortgage has 200k balance with 3% APR and high but manageable monthly payments. what do you suggest:

1. Do nothing, pay off mortgage in 11yrs

2. Refi (30yr sub 4% APR available), if so, what to do with the money next?

3. Sell and reinvest, in a bigger house to appreciate or rental properties.

Currently very busy with a great job and good salary. Never done REI but willing to learn gradually.

I appreciate detailed answers as I’m new to the terminology.

Thanks!