Just reran on zillow (15 years SFR primary, no cost) and assuming $1m property with current balance of 200k and cashing out 250k, current rate I see is 1.99%. If I change current balance to be 500k, rate goes to 2.25%. The only way I can get 1.875% is to do no cash out and have LTV @ 50%.

Similar parameter but with 30 years and we’re looking at ~ 0.625% higher. So, 50% LTV with no cash-out is 2.5%.

I refi in February this year @ 2.5% in a 30 years fixed. So, rate is back to where it was earlier this year. I’m waiting for the 30 years to hit 2.25% to refi again.