I’m getting ready to re-fi my 5 year fixed and look at a 6% or even a 5.5% 30YF as a great selling point if it’s an assumable loan. Who knows where we might be in 5 or ten years. Remember when we had over 10% interest rates?
As a survivor of the Nixon administration I look forward and cringe at the leadership choices I have. GW warn’t so bad with the economy.
The 10 year I/O is also an option as I approach retirement and the stairs get to be a pain. But that means selling and moving although a single story would be nice on the bad and getting worse days!
Anybody know where I can do a buydown to 5% for a 30 YF?
My obsessive compulsive disorder is kicking in so don’t ask why!