Bought a house last summer for 305K at 3.5%. I don’t expect to stay in the home for more than 2 years because of work. Does it make sense to refinance? I’ve had quotes for 2.875% but APR of 3.1%? Does that mean the rate is 3.1%? Was confused about that. Also, when i bought my home i only put 5% down, recent comps I THINK the house is worth 325-350K…but not sure. Regardless will the new appreciation help or be factored into the refinance? Have about 282K left on the loan? Any help is much appreciated. thanks.