Mortgage Rates Heading Lower in Charlotte North Carolina

Real Estate Agent with RE/MAX Executive Realty

Mortgage Rates Heading Lower in Charlotte NC

Long-term mortgage rates headed lower this past week after increases for the past four consecutive weeks.

The reason according to Frank Nothaft, Chief Economist for Freddie Mac - "Low inflation is keeping mortgage rates at ba.". "The 12-month growth rate in core prices was 1.2%, which is rather low by historical standards."

A 30 YR fixed-rate mortgage averaged 4.8% in the week ending April 21, down from 4.91%. A 15 YR fixed-rate mortgage averaged 4.02% which was down from 4.13% in the same period.


Posted by

Scot DraperQR Code for
Broker/Realtor, ABR CIAS CDPE SFR ePRO
(704) 659-7728 Office
(704) 965-2941 Cell
(704) 631-4965 Fax


Serving the Charlotte Metro/Lake Norman NC Region | NC Areas Served: Charlotte, Huntersville, Cornelius, Mooresville, Davidson, Denver, Lincolnton, Concord, Harrisburg, Mint Hill & Matthews | SC Areas Served: Fort Mill & Surrounding Areas | Short Sale Specialist - Contact me for free consultations

All information deemed reliable, but not guaranteed.

Comments (0)