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North Carolina Fixed Mortgage Rates

img North Carolina Average img National High img National Low img
Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
5.000 5.125 0.750 6.500 6.375 0.125 3.875 4.125 2.125
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4.500 4.716 2.125 6.625 6.500 0.000 3.750 4.000 2.125
4.125 4.375 1.000 6.125 6.125 0.125 3.375 3.750 2.125
4.000 4.031 N/A 6.000 6.125 0.000 3.250 3.750 2.000

North Carolina Adjustable Mortgage Rates

img North Carolina Average img National High img National Low img
Loan Type Base Rate APY Points Base Rate APY Points Base Rate APY Points
4.625 4.143 N/A 4.750 4.177 0.000 3.625 3.733 3.250
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3.750 3.550 1.250 7.000 4.875 0.000 2.750 0.750 3.101
3.375 3.250 3.375 6.500 4.500 0.000 2.375 3.125 2.375
3.375 3.000 1.000 6.125 4.125 0.125 2.500 3.250 1.125
2.875 3.000 1.125 8.000 3.625 2.000 2.375 3.000 0.125
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Mortgage Rates at 4.25%*

  • $150,000 loan for under $867/month
  • $225,000 loan for under $1,301/month
  • $350,000 loan for under $2,023/month
 

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National vs North Carolina 10/1 ARM Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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$771.21                      $782.47                      $684.08                     
$874.04                      $886.80                      $775.29                     
$2,107.97                      $2,138.75                      $1,869.81                     

National vs North Carolina 30-yr. fixed Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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$760.03                      $960.47                      $694.67                     
$861.37                      $1,088.53                      $787.30                     
$2,077.41                      $2,625.27                      $1,898.77                     

National vs North Carolina 15-yr. fixed Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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$1,109.53                      $1,265.79                      $1,054.00                     
$1,257.47                      $1,434.56                      $1,194.54                     
$3,032.72                      $3,459.81                      $2,880.94                     

National vs North Carolina 5/1 ARM Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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$663.14                      $948.10                      $582.98                     
$751.56                      $1,074.52                      $660.71                     
$1,812.59                      $2,591.48                      $1,593.48                     

National vs North Carolina 3/1 ARM Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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$663.14                      $911.42                      $592.68                     
$751.56                      $1,032.94                      $671.71                     
$1,812.59                      $2,491.20                      $1,620.00                     

National vs North Carolina 1-yr. ARM Mortgage Monthly Payments

Loan Amount img North Carolina Average img National High img National Low img  
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No SSN Required

$622.34                      $1,100.65                      $582.98                     
$705.32                      $1,247.40                      $660.71                     
$1,701.06                      $3,008.43                      $1,593.48                     
Source: The Center for HomeOwnership - Mar 31, 2009

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Average Rates

15-yr fixed*

4.0%

30-yr fixed*

4.5%

Homebuyer Education Seminars

Through industry-sponsored seminars, potential home buyers are shown the steps toward home ownership. To obtain a copy of our class schedule, click here.

You can register online for a Homebuyer Education Seminar for your convenience.

Credit Rebuilding

Credit problems are the biggest barrier to home ownership. Through our credit rebuilding program, the Center for Home Ownership helps buyers through education and one-on-one counseling.

Our goal is to help potential borrowers overcome credit problems and provide assistance in readying them for mortgage approval.

Pre-purchase Analysis

The Center for Home Ownership has a pre-purchase analysis program to help prospective home buyers avoid the embarrassment of being denied a mortgage, and to help them determine their ability to afford a mortgage. Our staff is skilled at matching home buyers with the type of loans, down payment assistance programs, and lending products they need to meet their financial capabilities.

Real Estate Listings and Other Materials

A resource area offers information on home ownership, up-to-date real estate listings, product information and more. These guides are available to anyone who walks through our doors. Please visit the resource area to get the latest product information.

Home Repairs: North Carolina

The programs and resources listed below help homeowners with home repairs and improvements.

  • HUD HOME Program - North Carolina contacts. HUD provides grant money to communities designated as participating jurisdictions. Some communities use funds for home improvement assistance to homeowners.
  • USDA Rural Housing programs - loans and grants for very low income households for repairs, modernization, or to remove health and safety hazards
  • NC State University Cooperative Extension Service - resources and publications to help you maintain and improve your home
  • Home inspections for home improvements
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MortgageDebt.com is not a banker or lender (“Service Provider”). Leading Service Providers participate in our matching engine who may have loan products available matching the criteria you submit in this interest profile. The information collected is not an application for credit or a mortgage loan, nor is it used to pre-qualify you with any Service Provider. There is no cost to submit a loan request, get matched with lenders and receive loan offers. You may review the loan offers and talk to the lenders at no cost. Of course, the lender you choose may require a fee to continue processing your loan request, but until you agree to pay the lender a fee, you may stop at no cost. MortgageDebt.com does not charge you, the consumer, a fee for its services. MortgageDebt.com is not responsible for the accuracy of the rate, APR and loan information as it based on third-party research, consumer and broker surveys and other published information sources.

*Mortgage Rate of 4.25% is for qualified borrowers for a 10-year fixed rate mortgage to refinance an owner-occupied, one-unit, single family dwelling for a loan of $165,000 to $417,000 ($165,000 to $625,500 in Alaska and Hawaii). If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types. Not all service providers in our network offer this or other products with fixed rate options.

**This advertised rate is for qualified borrowers for to refinance an owner-occupied, one-unit, single family dwelling for a loan of $150,000, $225,000 or $350,000 with a interest only monthly payment of $867, $1301 or $2023. This is an interest only adjustable rate that is fixed for the first 12 months then is subject to increase no more than 1% every 6 months thereafter (until rate has caught up to fully indexed rate). To be eligible for this program borrower must meet applicable credit requirements, including a FICO score of at least 620. MortgageDebt.com is not acting as a lender or broker. The information provided by you to MortgageDebt.com is not an application for a mortgage loan, nor is it used to pre-qualify you with any lender. If you are contacted by a lender or broker advertising within our network, your quoted rate may be higher, depending on your property location, credit score, loan-to-value ratio, debt-to-income ratio, and other factors. Not available in all states. Not available for all credit types.

Last Updated: September 07, 2010