30-year Fixed Mortgage rates in North Carolina Average 5.52%

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 30-year Fixed Mortgage rates in North Carolina Average 5.52%

House for sale In Eastern North CarolinaA 30-year fixed mortgage is a loan that has an interest rate that stays the same for the 30-year term of the loan. Someone taking out a $165,000.00 30-year fixed mortgage at the current average would pay $938.92 a month for the life of the loan.

The highest rate in North Carolina on a 30-year fixed mortgage was found at one institution that charged 10.000 percent. The lowest rate was found at two institutions that charged 4.625 percent. Six months ago, the average rate in North Carolina was 5.18 percent.

To see all of the results of Bankrate.com’s surveys, go to www.bankrate.com.

July 22, 2009 (Bankrate.com) — Average rates on 30-year fixed mortgages in North Carolina fell 2 basis points to 5.52 on Wednesday, according to Bankrate.com’s daily Your Best Interest report. A basis point is one-hundredth of a percent. The mortgages in the survey had an average of 0.75 discount and origination points.

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