Are interest rates higher for a cash-out refinance?

Interest rates for cash-out refinance loans are generally similar to those on a standard home loan. Some cash-out loans may have an incremental fee, but this also depends on the loan-to-property value ratio. You may be better off using your home equity to pay bills and other costs. Try to pay off high-interest debt such as credit cards and car loans that are non-tax deductible. You should also talk to your tax agent regarding any taxation issues regarding any of y