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State market spotlight

North Carolina mortgage outlook

Live rates, housing stats and lender programs covering metros such as Charlotte, Raleigh-Durham, and Wilmington.

Last updated: 2025-11-17

Median home price

$416,667

Conforming loan limit

—

High-cost / jumbo threshold

—

North Carolina mortgage data baseline

Rates combine Freddie Mac PMMS trends with lender submissions focused on North Carolina, so underwriting context stays accurate.

Benchmarks refresh in the week following each PMMS and MBA release.

Compliance & privacy checklist

We surface anonymised lender ranges. Formal lock decisions still require disclosures from licensed loan officers.

Privacy policyFull disclaimer

Model your scenario

Calculate North Carolina payments with current rates

Blend local taxes, insurance and PMI expectations into a custom plan.

Launch calculator
Data source

State-Level Mortgage Rate Estimates

Provider: Blend of Freddie Mac PMMS, Zillow Market Stats, and local MLS data · Updated: 2025-11-17 · Refresh cadence: Weekly sync with PMMS release

Coverage: 12 largest U.S. housing markets by population · Notes: Synced with PMMS release Nov 14

View methodology

Primary datasets powering this state dashboard.

Mortgage data inputs

Freddie Mac PMMS

Weekly 30Y/15Y fixed averages anchor the headline rates we display.

View source

MBA Weekly Applications Survey

Provides spreads, points, and lock activity filtered for lenders active in the region.

View source

Federal Reserve H.15 / Treasury yields

Used to monitor MBS spreads and lock-strategy alerts relevant to North Carolina.

View source

Cadence: PMMS weekly, MBA weekly, H.15 daily.

Use local data with this four-step checklist.

North Carolina rate-planning workflow

1. Capture today’s baseline

Log statewide averages plus local taxes or insurance so payment estimates stay accurate.

2. Test lock/point scenarios

Model shorter lock periods, point buy-downs, and DPA stacking to see payment swings.

3. Compare active lenders

Stack credit unions, regionals, and digital lenders serving North Carolina to capture the spread.

4. Sync with your automation

Send the selected quote to mortgage/ROI/savings tools to schedule hedges, price changes, and reminders.

Case studies that connect local rates with planning tools.

How borrowers in North Carolina use this page

Pre-approval shopper

Balancing PMI thresholds and inventory crunch.

  • •Timeline: Builder closing in North Carolina within 60 days while competition stays strong.
  • •Plan: Use this dashboard to monitor spreads, then push the rate to the mortgage calculator for tax/insurance assumptions.
  • •Result: Locked a 45-day commitment with lender credits and documented PMI removal at 80% LTV.
Estimate the payment

Refinance opportunist

Watching local credit unions vs. national banks.

  • •Timeline: Needs sub-6.25% to break even on closing costs within two years.
  • •Plan: Track averages here, then send the short list to the ROI calculator to decide how to deploy savings.
  • •Result: Floated for two weeks, locked below target, and set AI reminders for future dips.
Stress-test in ROI calculator

{stateName} rate tracker

Conventional, government-backed and specialty programs updated daily.

Loan typeAvg. rateAPR rangePointsMin. downMin. creditTrend
30-year fixed conventional7.09%7.20-7.40%0-1.53-5%620Stable conditions
15-year fixed conventional6.36%6.42-6.62%0-1.010-20%640Trending down
30-year FHA6.86%7.08-7.28%0-1.03.5%580Stable conditions
30-year VA6.61%6.68-6.88%0-1.00%580Trending down
30-year USDA6.75%6.84-7.04%0-0.50%640Stable conditions
5/1 ARM6.21%7.28-8.08%0-1.05-10%660Trending up

{stateName} metro snapshots

Median prices, inventory and demand drivers across leading cities.

Charlotte

Popular areas: South End, Ballantyne, and Huntersville

$410,000
Balanced supplyGrowing demand
Financial servicesLogistics hubManufacturing base

Raleigh-Durham

Popular areas: Cary, Chapel Hill, and North Hills

$450,000
Balanced supplyGrowing demand
Tech hiringUniversity anchorHealthcare expansion

Wilmington

Popular areas: Downtown, Mayfaire, and Carolina Beach

$390,000
Low inventorySteady prices
Tourism economyPort activityRetiree migration

Local lender lineup

Credit unions, regional banks and digital shops serving {stateName}.

Statewide lender

Truist

Sample APR

6.94%

Min. down payment

First-time buyersNew constructionJumbo financing
Large branch networkRelationship pricing

Major metros

Movement Mortgage

Sample APR

6.91%

Min. down payment

Self-employed borrowersNew construction
Fast digital processLocal underwriting

Credit union

State Employees Credit Union

Sample APR

6.80%

Min. down payment

First-time buyersAffordable housing
Member benefitsLow lender fees

Assistance & incentive programs

Down payment assistance, tax credits and forgivable loans available statewide.

State program

NC Home Advantage

Visit program site

Benefits

  • • 3%–10% down payment funds
  • • Monthly payment relief

Eligibility

  • • First-time buyers only
  • • Income limits apply
  • • Credit score 620+

Down payment assistance

NC 1st Home Advantage Down Payment

Visit program site

Benefits

  • • 3%–10% down payment funds
  • • Forgivable assistance

Eligibility

  • • First-time buyers only
  • • Homebuyer education required

Market watchouts

  • •Cash and relocation buyers remain active; strengthen your offer terms.
  • •Rates remain volatile week to week; lock quickly after approval.

Borrower tips

  • •Layer state assistance with lender credits to cut upfront cash.
  • •Credit unions often waive origination fees for members.

Keep local rates, ROI, and savings plans aligned

Turn North Carolina insights into automated next steps

Export the selected quote to ROI or mortgage calculators to plan hedges, price increases, or cash reserves.

Compare in ROI calculatorPlan payments

Illustrative rates only—verify with a licensed lender.

Important mortgage rate disclaimer

Displayed ranges blend PMMS, MBA submissions, and lender partners focused on North Carolina. Your final APR depends on credit, LTV, lock period, and points.

Markets move quickly. Float/lock strategies should include cushions for 0.125%-0.25% swings plus extension fees.

FutureValueCalc is not a lender. Always pair these benchmarks with Loan Estimate disclosures and local compliance guidance.