North Carolina Mortgage Rates Today — Compare NC Lenders
The average 30-year fixed mortgage rate in North Carolina is currently 6.48% APR. The Research Triangle and Charlotte continue to rank among the fastest-growing metros in the Southeast, driven by tech, finance, and healthcare. Compare today’s rates from top North Carolina lenders across all major loan types below.
North Carolina Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $370,000 loan on a single-family primary residence in North Carolina.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.48% | 6.48% | Most Popular |
| 15-Year Fixed | 5.83% | 5.83% | Pay off faster, save interest |
| 5/1 ARM | 6.60% | 6.60% | Short-term owners |
| FHA 30-Year | 6.16% | 6.16% | Low down payment |
| VA 30-Year | 6.00% | 6.00% | Veterans & military |
| 30-Year Refinance | 6.60% | 6.60% | Existing homeowners |
Rates sourced from lender survey data and updated regularly. Actual rates vary by lender and borrower profile. See disclaimer.
Understanding Mortgage Rates in North Carolina
North Carolina has become one of the most attractive states for domestic migration, particularly the Charlotte and Research Triangle areas. The state offers competitive home prices compared to northeastern and west coast markets while providing access to strong job markets.
NC Home Advantage Mortgage offers down payment assistance for first-time buyers. The coastal areas — Outer Banks and Wilmington — attract vacation and retirement buyers. Mountain communities like Asheville have seen significant appreciation driven by lifestyle migration.
What Affects Your North Carolina Mortgage Rate?
Several key factors influence the rate a North Carolina lender will offer you: your credit score (740+ gets the best rates), your down payment (20%+ eliminates PMI), your loan type (VA and FHA often beat conventional), and broader market conditions driven by the Federal Reserve and Treasury yields. Always compare at least 3–5 lenders — the spread between best and worst rate can be 0.5–1.0%.