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Pay down Mortgage or wait for refinance?
Pay down Mortgage or wait for refinance? I purchased a home in late 2023 on a 5-year ARM at 6.49%. The mortgage is fairly large, and therefore our monthly payment is also large although within budget. I was told to refinance when the rates come down (I know, I got sold on it) so my strategy has been to put money in a HYSA (5.1% interest) so that it can grow and I can contribute extra w...
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