North Carolina Interest Only Mortgage Rates
Updated: May 31, 2020
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Displaying rates for Mortgage Refinance in NC for $200,000
NMLS# 2890 License# L-131613 |
3.164%APR  30 Year Fixed |
3.125% Rate | $857/mo |
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3.012%APR30 Year Fixed |
2.875% Rate | $830/mo |
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| PRODUCTS | RATES | +/- |
| 30 Year Fixed |
3.15%
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| 15 Year Fixed |
2.56%
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| 5/1 ARM |
4.56%
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Mortgage rates for North Carolina go down to 3.15%
Sunday, May 31, 2020
Mortgage rates for North Carolina on Lender411 for 30-year fixed-rate mortgages are at 3.15%. That dropped from 3.15% to 3.15%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for North Carolina is now at 4.56%.
Interest Only Rates in North Carolina
When you buy a home in North Carolina or refinance your existing mortgage with an interest only mortgage loan, you are taking out a 30-year mortgage, electing to pay "interest only" (instead of principal + interest) for a set period of time, such as 3, 5, 7 or 10 years. After the end of the "interest only period", the monthly payments readjust to include the principal, and the loan is re-amortized for the remaining years. Check out our main page on Interest Only Mortgage Rates.
