Mortgage Rates in North Carolina — June 2026
Compare mortgage rate benchmarks across 84 cities in North Carolina. Amortio's estimated state average for a 30-year fixed loan is 6.68%, which is 0.2% above the Freddie Mac national benchmark of 6.48% from June 4, 2026. These figures are informational estimates, not lender quotes or APR offers.
What is the current North Carolina mortgage-rate benchmark?
Amortio's North Carolina state table shows an estimated 6.68% 30-year benchmark across 84 cities, versus Freddie Mac's 6.48% national 30-year PMMS benchmark from June 4, 2026. Use it to compare city payments, then request same-day lender Loan Estimates for APR, points, fees, lock period, and cash-to-close.
How to Read North Carolina Mortgage Rates
North Carolina is not one uniform mortgage market. The rate table below covers 84 cities, but the real payment difference comes from home price, income, property taxes, loan size, and whether a borrower fits conventional, FHA, VA, or jumbo pricing. Use this page to compare cities first, then use lender quotes for final APR and fee decisions.
- At the state-average payment of $1,432 per month and median income of $53,802, North Carolina looks close to the traditional affordability line for many households.
- The observed city-level 30-year benchmark spread is 0.88 percentage points, from 6.01% to 6.89%. Even small rate differences matter more in expensive cities because they apply to larger loan balances.
- Property taxes are material but not the only factor; rate, loan size, and insurance assumptions can move the final payment just as much.
- For buyers comparing down payment choices, pair this state page with the PMI calculator, affordability calculator, and closing cost estimator before assuming the lowest advertised rate creates the lowest total cost.
Payment-Efficient North Carolina Cities
| City | P&I / Income | Monthly P&I | Median Income | 30-Year Rate |
|---|---|---|---|---|
| Middlesex | 16.9% | $872 | $62,000 | 6.64% |
| Holly Ridge | 19.1% | $708 | $44,500 | 6.67% |
| Creedmoor | 21.5% | $1,201 | $67,000 | 6.6% |
| Cooleemee | 22.2% | $1,157 | $62,500 | 6.66% |
| Hillsborough | 22.3% | $1,189 | $64,000 | 6.71% |
Highest-Priced North Carolina Markets to Stress-Test
North Carolina Mortgage Quote Comparison Worksheet
Use this checklist before choosing between lender quotes, state assistance, builder credits, or a temporary buydown. It is built to catch the costs that do not show up in a simple rate table.
| Line Item | What to Compare |
|---|---|
| Rate vs APR | APR exposes points, lender fees, and credits that can hide inside a lower advertised rate. |
| Cash to close | Compare down payment, closing costs, prepaid taxes, insurance escrow, and any assistance or seller credit. |
| Payment after escrow | North Carolina buyers should compare principal, interest, property tax, insurance, HOA or condo dues, and mortgage insurance together. |
| Assistance terms | Down payment assistance can be a grant, forgivable second, deferred second, or repayable loan; the repayment rule changes the real cost. |
| Rate lock and buydown | Temporary buydowns and lender credits can improve the first-year payment while leaving a higher long-run payment. |
A strong North Carolina mortgage comparison should include at least two lender Loan Estimates plus one program or assistance check where available. Pair this worksheet with the affordability calculator, PMI calculator, and closing cost estimator.
North Carolina Housing Highlights
All 84 Cities in North Carolina
| City | 30-Yr Rate | Home Price | Monthly P&I | Population |
|---|---|---|---|---|
| Charlotte | 6.69% | $404,000 | $2,083 | 874,579 |
| Raleigh | 6.69% | $415,000 | $2,140 | 467,665 |
| Greensboro | 6.69% | $235,000 | $1,212 | 299,035 |
| Durham | 6.69% | $345,000 | $1,779 | 283,506 |
| Winston-Salem | 6.69% | $225,000 | $1,160 | 249,545 |
| Fayetteville | 6.69% | $195,000 | $1,006 | 211,657 |
| Cary | 6.69% | $465,000 | $2,398 | 174,721 |
| Wilmington | 6.69% | $355,000 | $1,831 | 115,451 |
| High Point | 6.69% | $205,000 | $1,057 | 112,791 |
| Concord | 6.69% | $345,000 | $1,779 | 105,240 |
| Asheville | 6.69% | $415,000 | $2,140 | 94,067 |
| Greenville | 6.69% | $215,000 | $1,109 | 87,521 |
| Gastonia | 6.69% | $255,000 | $1,315 | 80,411 |
| Apex | 6.61% | $287,000 | $1,468 | 73,890 |
| Jacksonville | 6.69% | $225,000 | $1,160 | 72,405 |
| Huntersville | 6.82% | $304,000 | $1,589 | 62,310 |
| Chapel Hill | 6.79% | $260,000 | $1,355 | 61,960 |
| Burlington | 6.8% | $273,000 | $1,424 | 57,303 |
| Rocky Mount | 6.69% | $266,000 | $1,372 | 54,147 |
| Kannapolis | 6.73% | $274,000 | $1,419 | 53,268 |
| Wake Forest | 6.81% | $303,000 | $1,582 | 50,970 |
| Holly Ridge | 6.67% | $137,500 | $708 | 49,566 |
| Marion | 6.77% | $210,000 | $1,092 | 49,509 |
| Wilson | 6.83% | $262,000 | $1,371 | 49,167 |
| Mooresville | 6.75% | $287,000 | $1,489 | 48,100 |
| Holly Springs | 6.8% | $273,000 | $1,424 | 44,185 |
| Hickory | 6.63% | $266,000 | $1,363 | 44,147 |
| Indian Trail | 6.74% | $268,000 | $1,389 | 39,533 |
| Monroe | 6.62% | $291,000 | $1,490 | 37,370 |
| Fuquay-Varina | 6.14% | $385,000 | $1,874 | 35,748 |
| Garner | 6.42% | $345,000 | $1,730 | 34,279 |
| Salisbury | 6.65% | $280,000 | $1,438 | 33,663 |
| Goldsboro | 6.73% | $285,000 | $1,476 | 33,149 |
| Matthews | 6.77% | $263,000 | $1,367 | 32,678 |
| Cornelius | 6.84% | $296,000 | $1,550 | 32,547 |
| Weddington | 6.73% | $285,000 | $1,476 | 31,761 |
| New Bern | 6.67% | $289,000 | $1,487 | 30,242 |
| Sanford | 6.01% | $225,000 | $1,080 | 29,994 |
| Troy | 6.73% | $330,000 | $1,709 | 27,992 |
| Mint Hill | 6.75% | $296,000 | $1,536 | 27,690 |
| 44 more North Carolina city mortgage-rate pages are available as individual pages and in the XML sitemap. | ||||
North Carolina Mortgage Rates Guide — 2026
North Carolina homebuyers can use an estimated 30-year fixed benchmark of 6.68%, with median home prices around $277,994. At these rates, the typical monthly mortgage payment (principal and interest with 20% down) is $1,432.
The most affordable city for homebuyers in North Carolina is Lumberton, where the median home price is $125,000. On the other end, Cary has the highest prices at $465,000. Property tax rates across the state average 0.81%.
To comfortably afford a home at the state average price, a household income of approximately $61,371 is recommended, following the standard guideline that housing costs should not exceed 28% of gross income.
Use our free loan calculator to see your estimated monthly payments and amortization schedule, or browse individual city pages below for localized rate data and market insights.
Methodology & Mortgage Rate Data Sources
How we calculate North Carolina mortgage rates: Our rate estimates start with weekly mortgage-rate benchmarks and then compare city-level housing assumptions. They are designed for planning and comparison, not as a guarantee of lender pricing.
- Benchmark mortgage rates from Freddie Mac Primary Mortgage Market Survey (PMMS) — the most-cited weekly survey of 30-year and 15-year fixed conforming rates.
- Federal Reserve rate policy tracked via FRED — Federal Reserve Economic Data — the St. Louis Fed's authoritative database of interest rate series.
- Conforming loan limits set annually by the FHFA Conforming Loan Limit announcements (North Carolina 2026: $832,750 baseline, with higher one-unit limits in high-cost counties).
- State lending regulation context from HUD State Information pages covering FHA, down payment assistance, and housing finance agency programs in North Carolina.
- Mortgage market trends tracked via Mortgage Bankers Association (MBA) Weekly Applications Survey — the industry benchmark for mortgage demand and rate sensitivity.
Authoritative mortgage rate data sources:
- Freddie Mac PMMS — weekly 30yr and 15yr fixed rate benchmark
- FRED — Federal Reserve Economic Data — interest rate and housing series
- FHFA — Federal Housing Finance Agency — conforming loan limits and HPI
- HUD — Housing and Urban Development — FHA programs and state assistance
- CFPB Mortgage Rate Checker — personalized rate comparison tool
- VA Home Loan Program — zero down payment loan for eligible veterans
Rate Disclaimer: Rates shown are estimates based on current market surveys and may not reflect actual lender quotes. Your rate depends on credit score, loan-to-value ratio, down payment, property type, and lender. Always obtain personalized rate quotes from multiple lenders. Rates change daily.
Reviewed by Brazora Monk · Last updated May 2026 · Freddie Mac PMMS data current as of June 4, 2026
Frequently Asked Questions — North Carolina Mortgages
What are current mortgage rates in North Carolina?
As of June 4, 2026, Freddie Mac's national benchmark was 6.48% for the 30-year fixed and 5.79% for the 15-year fixed. Amortio's North Carolina city comparison shows an estimated 30-year benchmark average of 6.68% and 15-year average of 5.92%. Rates vary by city, lender, lock date, fees, and borrower qualification.
What is the average home price in North Carolina?
The median home price across 84 cities in North Carolina is $277,994. Prices range from $125,000 in Lumberton to $465,000 in Cary.
How much income do I need to buy a house in North Carolina?
Based on the 28% debt-to-income guideline, you would need a household income of approximately $61,371 to comfortably afford the average home in North Carolina. The median household income in the state is approximately $53,802.
North Carolina Mortgage Rates by ZIP Code
Explore mortgage rates for specific ZIP codes in North Carolina. Rates can vary by neighborhood based on local property values and lending conditions.
Browse Mortgage Rates by State
Calculate Your North Carolina Mortgage Payment
Use our free calculator to estimate your monthly payment and amortization schedule.
Open Free Calculator