Morehead City, NC Mortgage Rates and Refinance Rates

Mortgages in Morehead City, NC: Find the best Morehead City, NC mortgage rates today from banks and credit unions. When results are displayed for mortgage rates in Morehead City, NC, you can easily sort your search results by lender, rate, APR and points so you can easily compare results. Whether you’re looking for conforming, jumbo, adjustable or interest-only mortgage rates in Morehead City, NC. Another option is searching for Morehead City, NC refinance rates if you're looking to refinance a loan. Best of all you don't have to provide any personal information to see a list of Morehead City, NC mortgage rates or refinance rates.

Search and Compare Morehead City, NC Mortgage Rates & Refinance Rates



Morehead City, North Carolina Conforming Mortgage Rates and Refinance Rates

Conforming home mortgage rates in Morehead City, NC are the most popular type of mortgages rates you can find advertised for home buyers in Morehead City, NC. Conforming mortgages, also known as conventional mortgages, are mortgages that meet certain criteria set out by Federal Housing Finance Agency (FHFA). There is a loan limit set for each county in the United States. Higher mortgage loan limits are set for high housing cost areas. Morehead City, NC mortgages that 'conform' to the standards set out by the Federal Housing Finance Agency can be purchased by government sponsored entities (GSE) like Freddie Mac and Fannie Mae. This process guarantees Morehead City, NC banks, mortgage companies and credit unions are able to resell home mortgage loans that they make. This process also makes Morehead City, NC conforming mortgage rates and refi rates lower than Morehead City, NC jumbo mortgage rates and jumbo refinance rates because the GSE's can’t purchase jumbo mortgages that are made by Morehead City, NC home finance companies, credit unions and banks.

Jumbo Mortgage Rates and Refinance Rates in Morehead City, North Carolina

Jumbo mortgage rates in Morehead City, NC are advertised for home loans that have a dollar amount that is higher than conventional loan amounts. Jumbo mortgage rates and jumbo refinance rates are always higher than conventional mortgage rates for both fixed mortgage rates in Morehead City, NC and adjustable mortgage rates in Morehead City, NC. Interest rates are higher because third party investors buy the home loans credit unions, banks and mortgage companies in Morehead City, NC make.

Morehead City, North Carolina Fixed Mortgage Rates and Fixed Refinance Rates

Morehead City, NC fixed rate mortgages are the most common mortgage available to borrowers. With a fixed mortgage the interest rate stays the same for the entire loan period. Fixed mortgages are available in 40 years, 30 years, 20 years, 15 years and 10 years. The longer the mortgage term the lower the monthly mortgage payment will be.

Morehead City, North Carolina Adjustable Mortgage Rates

Adjustable Morehead City, NC mortgage rates are fixed for a period of time and then the mortgage rate adjusts every year after. The most common adjustable mortgages terms available in Morehead City, NC are 1 year, 3 year, 5year and 7 year. Adjustable rate mortgages are advertised as 1 year, 3/1, 5/1 and 7/1. Adjustable mortgages are available for conforming dollar amounts and jumbo dollar amounts in Morehead City, NC. Most adjustable mortgages in Morehead City, NC have yearly caps and life time maximum caps on how high the interest rate can fluctuate.



Google Map for Morehead City, NC Rates & Resources


Morehead City FDIC Insured Banks

Bank Name

FDIC Cert Number

Address

Bank of America, National Association

3510 4913 Arendell Street, Morehead City, NC 28557

Branch Banking and Trust Company

9846 2905 Bridges Street, Morehead City, NC 28557

Branch Banking and Trust Company

9846 4408 Arendell Street, Morehead City, NC 28557

First Bank

15019 137 Highway 24 West, Morehead City, NC 28557

First-Citizens Bank & Trust Company

11063 3412 Bridges Street, Morehead City, NC 28557

RBC Bank (USA)

33184 2300 Arendell Street, Morehead City, NC 28557

Sound Banking Company

57095 5039 Executive Drive, Morehead City, NC 28557

The East Carolina Bank

2017 168 Nc Highway 24, Morehead City, NC 28557

Wells Fargo Bank, National Association

3511 5003 Executive Drive, Morehead City, NC 28557

Wells Fargo Bank, National Association

3511 800 Arendell Street, Morehead City, NC 28557

Woodforest National Bank

23220 300 Highway 24, Morehead City, NC 28557