Would it be crazy to just do the max cashout refi for 15 yeats and try to arbitrage a profit with a diversified portfolio. Hell make it 30. Thatll take me to almost 90.
Might be a little nervewracking but seems like a decent bet at 2 to 2.5 perc. 15 y mortgage.
Really weird—
5 y. arm rate HIGHER than 15 y fixed.
Does that mean the market think rates are headed down? You actually pay more for the chance to pay less, with a 10 year shorter term? Seems very very strange
