Today’s Refinance Rates in North Carolina

The average mortgage interest rates in North Carolina are 4.43% for 15-year fixed-rate mortgages (FRMs), 5.05% for 30-year FRMs and 3.75% for 5/1 adjustable-rate mortgages (ARMs). All these interest rates are lower than the national averages reported by the Federal Reserve Bank of St. Louis, which are 4.92% for 15-year FRMs, 5.81% for 30-year FRMs and 4.41% for 5/1 ARMs.

A “good rate” for you might not work for another individual. It depends on several factors, such as your loan terms, loan amount, credit score, income and debts.

Compare quotes from multiple lenders to ensure you get the best possible rates. Once you’ve selected your preferred lender, act fast in securing that loan because refinance rates tend to change quickly. If you wait too long, your actual rate might vary significantly from your original quote.

Use MoneyGeek’s mortgage calculator for an estimate of your new monthly payment. Enter your mortgage information and use North Carolina’s average interest rates, which we’ve provided above.

Remember that rates fluctuate daily and your actual rate depends on personal factors, the most important of which is your financial profile.

MoneyGeek helps you learn more about mortgage refinancing by addressing some of the most asked questions about North Carolina’s mortgage and refinance rates.