I'm thinking that at this moment,, mortgage rates can't decrease any further than 4.9% in 3 years. And during that time, I'm playing more in interest because waiting. Then I gotta wait 2 more years for it to go probably slightly lower than 4.84%. but I'm still paying more interest during that time.
The only advantage of the 5.21% 3yr fixed is that I can renew earlier
Do I have my math right?
The only advantage of the 5.21% 3yr fixed is that I can renew earlier
Do I have my math right?