Cash Out Refi Rates a lot higher?

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Hi there,

First time posting on the BiggerPockets forum. I have been investing since 2007 and have 3 rental properties left with good equity in them. I'm looking to use the BRRRR method and buy a bunch more properties over the next 2 years. In raising cash, I'm considering do a cash out refi to pull some of the equity out of the current 3 rentals. The rates on the 15 year loans on those range from 3.7 - 4.2%. Doing some quick research a few days ago, it appears that cash out refi rates are in the MID FIVE PERCENT range with no points. Is that your all experience or should I keep looking for other lenders? Thanks for your help and feedback.