Thank you both so much for your answer.
Unfortunately last quote I got on the 20 year term was 2%. Which made the monthly rate a bit too high for what I wanted.

Like everyone I would like to pay the smallest amount possible for my loan.I was tempted by going F5 and riding it out for 5 years and then maybe fixing the rate then.
I personally don’t believe that the rates will rise in the next 5 years but in the long term 15-20 years they should rise a bit.

It’s hard to consider the gamble…wait it out 5 years on the F5 and then fix?..just fix now and once I pay back part of the loan in about a year renegotiate for what is left if by chance the rates have gone even more down?

What would you guys do? lol