Prevailing rate: CA investment property, cash-out refi

[John D.]

I am looking to do a cash-out refi on a SFR investment property in Nevada City CA. Loan amount is $172k (80% LTV). My credit is 700. Plenty of income very little debt. I have <5 real estate loans. What's the prevailing rate on this with no points/extra fees? I am getting quoted 4.875% which feels high in this environment....not sure if I should bother shopping this rate or not.  I am guessing it will be originated through flagstar, that's where they sent the original loan.