[dinonz]

With the rates low right now I'm looking at refinance options but I had some questions that smarter people might know the answers to.

Right now I'm planning to start dropping $5K a month into an investment account at Edward Jones. Am I better doing that, or dropping an extra $5K a month into my home loan? Instinctively people tend to think that "pay off debt is best" but in my mind, it's only 3.5% interest, it's tax deductible, and I could earn more from my money in an investment account. I am only 4-5 month into the 30 year home loan.

Other option is to refinance to a 15 year at about 2.6% to pay it off sooner, but again - is it worth it?

As far as I see, the home loan is cheap money.