See the latest North Carolina mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in North Carolina could be easier with today’s mortgage rates.
North Carolina Mortgage Rates –
The table below shows today’s home purchase mortgage rates for North Carolina, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 7.21% | 7.26% | 7.31% | |
| North Carolina | 7.19% | 7.24% | 7.29% | |
| Credit Unions | 6.79% | 6.84% | 6.99% | 8.4/10 |
| Online lenders | 6.89% | 6.94% | 7.09% | 8.0/10 |
| Banks | 7.19% | 7.24% | 7.29% | 8.0/10 |
| 30 year fixed | 7.19% | 7.24% | 7.29% | |
| 30 year fixed FHA | 6.59% | 6.64% | 6.69% | |
| 30 year fixed VA | 6.68% | 6.73% | 6.78% | |
| 30 year fixed Jumbo | 7.42% | 7.80% | 7.99% | |
| 20 year fixed | 6.86% | 6.91% | 6.96% | |
| 15 year fixed | 6.49% | 6.54% | 6.59% | |
| 10 year fixed | 6.47% | 6.52% | 6.57% | |
| 3 year ARM | 7.47% | 7.52% | 7.57% | |
| 5 year ARM | 7.00% | 7.05% | 7.10% | |
| 7 year ARM | 6.64% | 6.69% | 6.74% | |
| 10 year ARM | 7.21% | 7.26% | 7.31% | |
| Satisfaction | 9.1/10 | 7.8/10 | 8.2/10 |
Source: MFP’s Community Home Purchase Rates Survey from North Carolina members in the last 30 days.
How North Carolina Compares to National Averages
- North Carolina mortgage rates (7.19% for best credit scores) are in line with national averages (national average: 7.21%).
- Credit unions are more competitive: In North Carolina, credit unions offer 6.79%, banks 7.19%, online lenders 6.89%.
Mortgage Options in North Carolina
- 30 year fixed: 7.19% - most popular long-term option for predictable payments
- 20 year fixed: 6.86% - balance between payment size and interest savings
- 15 year fixed: 6.49% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 6.47% - shortest fixed-term option with competitive rates
- 10 year variable: 7.47% - Offers a longer initial period with a variable rate...
- 7 year variable: 7.00% - A mid-term variable option...
- 5 year variable: 6.64% - Shorter-term variable mortgage...
- 3 year variable: 7.21% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
North Carolina Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Charlotte | 6.46% | 5.57% |
| Raleigh | 6.45% | 5.56% |
| Greensboro | 6.43% | 5.54% |
| Durham | 6.44% | 5.55% |
| Winston-Salem | 6.43% | 5.54% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
North Carolina Best Home Loan Lenders
See which NC’s lenders are most recommended for a home mortgage by community members surveys across the State and its main metro areas.
FAQs North Carolina Mortgage Rates
Are home purchase rates higher in North Carolina than the U.S. average?
Yes, North Carolina rates typically run slightly above the national average due to strong housing demand and economic growth.
What credit score is best for buying a home in North Carolina?
A credit score of 720 or higher will generally secure the most competitive mortgage rates from North Carolina lenders.
Is it better to choose a fixed-rate or ARM in North Carolina?
Fixed-rate mortgages offer payment stability for long-term residents, while ARMs may benefit those planning to move or refinance within a few years.
More Info for North Carolina Home Buyers:
Mortgage Rates & Tools
Home Purchase Calculator: Estimate your monthly payment.
First-Time Home Buyer: Guide for NC’s first home buyers.
Home Affordability Calculator: See what price range fits your budget.
FHA Mortgage Rates: Current rates for FHA buyers.
30 Year Fixed Home Mortgage: Today’s rate for the most common term.
15 Year Fixed Home Mortgage: Today’s rate for faster payoff.
Loan Programs & Assistance
FHA Loans: How FHA mortgages work and who qualifies.
Mortgage Documents Checklist: What you’ll need to apply, including special cases like self-employed and condo buyers.
Down Payment Assistance: Programs that help cover your down payment.
Lenders & Homeowner Resources
Best Mortgage Lenders in North Carolina: Community rated lenders by city.
North Carolina Home Insurance Cost: Average premiums and top rated local insurers.
Homeowner Resources & Grants: Grants and assistance programs nationwide.