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North Carolina

Current North Carolina Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in North Carolina. Review free, personalized mortgage rates for North Carolina based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in North Carolina. Plus, shopping lenders is free and there is no obligation.

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Mortgage Rates for North Carolina as of November 13, 2019
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Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's North Carolina Mortgage Rates Compare?

November 13, 2019

The current average rate for a 30 year fixed rate mortgage in North Carolina is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
North Carolina Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.690%
15 Year Fixed Rate
B.BBB%
3.150%
5/1 Adjustable Rate Mortgage
C.CCC%
3.350%

How Affordable is Housing in North Carolina?

The median home value for North Carolina is $198,084

The median household income for North Carolina is $53,448

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in North Carolina is $36,751

The home price you can afford to buy based on household income in North Carolina is 145% of the median home value which means housing prices are average. North Carolina ranks 27 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in North Carolina is average

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Additional Mortgage Resources for North Carolina Residents

Mortgage Rates for North Carolina Cities

Asheville Mortgage Rates

Burlington Mortgage Rates

Chapel Hill Mortgage Rates

Charlotte Mortgage Rates

Clayton Mortgage Rates

Concord Mortgage Rates

Durham Mortgage Rates

Fayetteville Mortgage Rates

Gastonia Mortgage Rates

Goldsboro Mortgage Rates

Greensboro Mortgage Rates

Greenville Mortgage Rates

Harnett Mortgage Rates

Hendersonville Mortgage Rates

Hickory Mortgage Rates

High Point Mortgage Rates

Jacksonville Mortgage Rates

Leland Mortgage Rates

Lumberton Mortgage Rates

Monroe Mortgage Rates

Mooresville Mortgage Rates

New Bern Mortgage Rates

Raleigh Mortgage Rates

Salisbury Mortgage Rates

Thomasville Mortgage Rates

Wilmington Mortgage Rates

Winston Salem Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

FREEandCLEAR Housing Affordability Index