Cash-out refinances can pay off student debt

What’s up with mortgage rates? Jeff Lazerson of Mortgage Grader in Laguna Niguel gives us his take.
Rate News Summary
From Freddie Mac’s weekly survey: The 30-year fixed rate averaged 4.05 percent, three basis points higher than last week’s 4.02 percent. The 15-year fixed averaged 3.29 percent, two basis points higher than last week’s 3.27 percent.
The Mortgage Bankers Association loan application volume increased 2.4 percent from the previous week.
Bottom line: Assuming