I just closed on a refinance of our primary residence at 3.2% APR for 15 years.
That's a steal!!
I've been debating between doing some updates to our current house and riding it out here until its paid off (kinda small for high-school kids IMO) or refinancing to a 20/30Y loan (we owe $85k now) and renting it out so we could buy a house that's a better fit for our family while these rates are still low. FWIW, if I did rent it out, I would work to pay it off as fast as I could and just have the 20/30Y loan as a safety net. Any opinions here??
