54 mos and my second home is paid for. No refi's here.
Folks who refi and take cash out think that money is theirs.
LOL not if they must pay it back.
The USA has been expanding the economy with credit since they invented the credit card in the 1950s. Let's not buy goods and services with "earned" dollars. Let's buy them with "unearned dollars" and remain in servitude.