North Carolina Mortgage Rates

When it comes to buying or refinancing a home in North Carolina, you’re in for a surprise. Mortgage rates in this state are extremely low, which means you could get your mortgage loan for a steal right now if you play your cards right.

Prior to the COVID-19 pandemic, we didn’t often see rates drop below 3%. These days, that’s the norm. As of mid-December, the average interest rate in North Carolina for a 30-year fixed rate loan was just 2.91%, just slightly higher than the national average of 2.86%.

With rates this low, you’d stand to save tens of thousands of dollars in interest over the life of your loan. So, if you’ve been considering a home purchase or refinance in North Carolina, you may want to make your move. Rates will increase when the economy stabilizes, and you don’t want to miss out on your opportunity to borrow money at such a low rate.

Mortgage Rates in North Carolina

The mortgage interest rate table below is updated daily to reflect the most current mortgage rates available in the market. According to Bankrate’s latest survey of the nation’s largest mortgage lenders, these are the current average rates for a 30-year fixed, 15-year fixed, FHA and VA mortgage rates.

Product Rate Rate Last Week
30-Year Fixed Rate2.990%2.960%
20-Year Fixed Rate2.790%2.760%
15-Year Fixed Rate2.440%2.410%
10-Year Fixed Rate2.340%2.280%
30-Year FHA Rate2.670%2.630%
30-Year VA Rate3.250%2.750%

Rates data based on Greensboro, North Carolina as of 1/13/2021

Mortgage Rates Trends

In this graph: On , the APR was for the 30-year fixed rate, for the 15-year fixed rate, and for the 5/1 adjustable-rate mortgage rate. These rates are updated almost every day based on Bankrate’s national survey of mortgage lenders.
Toggle between the three rates on the graph and compare today’s rates to what they looked like in the past days.

Mortgage rates in other states

New Jersey
New York
North Carolina

Angelica Leicht

Mortgage Editor

Angelica Leicht is an editor at The Simple Dollar who specializes in mortgages, mortgage refinancing, home equity loans, and HELOCs. She is a former contributing editor to and