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Today s Mortgage Rates in North Carolina | The Simple Dollar

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 across the nation have reached all-time lows over the past year. Due to the hit the economy sustained by the COVID-19 pandemic, the Federal Reserve slashed interest rates early in the pandemic, and mortgage rates fell in tandem. Mortgage rates have consistently fallen since then, through the final quarter of 2020 and into 2021. As of the second week of January, the average rate for a 30-year fixed-rate mortgage in North Carolina was 3.00%. The average rate on a 15-year fixed-rate mortgage was 2.44% during that time, while the average rate on a 5/1 ARM was 2.25%. These rates are extremely low, but keep in mind that your credit score and unique financial situation will determine what rates you’re eligible for

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