Today's North Carolina (NC) Mortgage Rates

North Carolina (NC) Mortgage Rates & Mortgage Loan Data – Prior Year

Mortgage Actions Taken

Loan originated: 2,368,468
Application denied by financial institution: 890,246
Loan purchased by the institution: 858,958
Application withdrawn by applicant: 459,503
Application approved but not accepted: 233,362
File closed for incompleteness: 141,430
Preapproval request denied by financial institution: 567
Preapproval request approved but not accepted: 58

Purpose of Loans

Refinancing: 2,830,653
Home purchase: 1,882,805
Home improvement: 239,134

Mortgage Types

Conventional: 3,683,036
FHA-insured: 759,366
VA-guaranteed: 399,829
FSA/RHS-guaranteed: 110,361

Mortage Actions by Applicant Race

White: 3,268,479
Black or African American: 558,597
Information not provided by applicant in mail, Internet, or telephone application: 528,202
Not applicable: 442,598
Asian: 111,223
American Indian or Alaska Native: 30,989
Native Hawaiian or Other Pacific Islander: 12,504

Mortage Actions by Applicant Ethnicity

Not Hispanic or Latino: 3,817,299
Information not provided by applicant in mail, Internet, or telephone application: 534,106
Not applicable: 443,795
Hispanic or Latino: 157,392

Mortage Actions by Applicant Sex

Male: 2,896,220
Female: 1,309,507
Not applicable: 442,184
Information not provided by applicant in mail, Internet, or telephone application: 304,681

Mortage Actions by Agency Name

Consumer Financial Protection Bureau: 1,339,987
Department of Housing and Urban Development: 1,290,090
Office of the Comptroller of the Currency: 913,675
Federal Deposit Insurance Corporation: 471,856
Federal Reserve System: 439,092
Office of Thrift Supervision: 273,094
National Credit Union Administration: 224,798

Mortage Actions by County

Wake County: 651,031
Mecklenburg County: 606,257
Guilford County: 239,422
Cumberland County: 170,636
Forsyth County: 166,804
Durham County: 149,364
Union County: 146,613
Buncombe County: 136,497
New Hanover County: 131,451
Cabarrus County: 112,713
Onslow County: 107,507
Johnston County: 100,318
Gaston County: 99,986
Iredell County: 95,331
Brunswick County: 92,678
Davidson County: 70,964
Catawba County: 68,289
Alamance County: 67,831
Pitt County: 66,838
Orange County: 66,744
Henderson County: 61,493
Harnett County: 61,186
Rowan County: 56,243
Randolph County: 55,684
Craven County: 52,301
Moore County: 51,840
Carteret County: 47,196
Lincoln County: 41,650
Wayne County: 41,423
Dare County: 40,587
Cleveland County: 36,933
Nash County: 35,745
Rockingham County: 34,821
Chatham County: 34,115
Pender County: 33,183
Caldwell County: 31,816
Haywood County: 31,430
Hoke County: 30,945
Franklin County: 30,509
Burke County: 29,968
Robeson County: 27,746
Wilson County: 26,762
Surry County: 25,759
Watauga County: 25,126
Rutherford County: 24,952
Granville County: 24,582
Currituck County: 23,983
Lee County: 23,824
Wilkes County: 21,171
Pasquotank County: 20,713
Davie County: 20,136
Macon County: 19,423
Stanly County: 19,221
Stokes County: 18,137
Jackson County: 17,625
Beaufort County: 17,127
Sampson County: 16,912
Columbus County: 16,697
Lenoir County: 16,511
Unknown: 16,370
Transylvania County: 16,284
Person County: 16,052
McDowell County: 15,544
Cherokee County: 14,867
Halifax County: 14,819
Duplin County: 13,698
Edgecombe County: 13,328
Yadkin County: 12,843
Alexander County: 12,325
Richmond County: 11,988
Vance County: 11,770
Ashe County: 11,270
Avery County: 9,533
Scotland County: 9,233
Polk County: 8,905
Bladen County: 8,903
Montgomery County: 8,857
Madison County: 8,610
Caswell County: 7,725
Yancey County: 7,657
Warren County: 7,132
Perquimans County: 6,846
Camden County: 6,766
Clay County: 6,606
Chowan County: 6,427
Hertford County: 6,422
Martin County: 6,337
Anson County: 6,285
Northampton County: 6,161
Mitchell County: 5,945
Pamlico County: 5,756
Gates County: 5,519
Swain County: 5,211
Bertie County: 5,094
Alleghany County: 4,744
Greene County: 4,399
Jones County: 3,873
Washington County: 3,465
Graham County: 3,060
Hyde County: 1,888

Mortage Actions by City

Unknown: 1,132,261
Raleigh, Cary – NC: 646,131
Charlotte, Gastonia, Concord – NC, SC: 401,453
Charlotte, Gastonia, Rock Hill – NC, SC: 400,580
Greensboro, High Point – NC: 329,808
Wilmington – NC: 240,142
Asheville – NC: 237,754
Winston, Salem – NC: 229,677
Charlotte, Concord, Gastonia – NC, SC: 202,037
Fayetteville – NC: 201,295
Durham, Chapel Hill – NC: 200,741
Hickory, Lenoir, Morganton – NC: 142,333
Raleigh – NC: 135,471
Jacksonville – NC: 107,396
Greenville – NC: 70,404
Burlington – NC: 67,796
Durham – NC: 65,458
Rocky Mount – NC: 49,006
Goldsboro – NC: 41,324
Virginia Beach, Norfolk, Newport News – VA, NC: 24,957
Myrtle Beach, Conway, North Myrtle Beach – SC, NC: 16,954
New Bern – NC: 9,614

Mortage Denial Reasons

Unknown: 4,337,505
Credit history: 184,780
Collateral: 134,782
Debt-to-income ratio: 124,998
Other: 72,396
Credit application incomplete: 54,673
Unverifiable information: 21,230
Insufficient cash (downpayment, closing costs): 13,438
Employment history: 7,914
Mortgage insurance denied: 876

HOEPA Status of Mortage Loans

Not a HOEPA loan: 4,952,293
HOEPA loan: 299

Lien Status of Mortage Loans

Secured by a first lien: 3,842,492
Not applicable: 858,958
Secured by a subordinate lien: 163,557
Not secured by a lien: 87,585

Owner Occupancy Status of Mortage Loans

Owner-occupied as a principal dwelling: 4,396,297
Not owner-occupied as a principal dwelling: 542,205
Not applicable: 14,090

Mortgages by Property Type

One-to-four family dwelling (other than manufactured housing): 4,710,506
Manufactured housing: 236,167
Multifamily dwelling: 5,919

Mortgages by Purchaser Type

Loan was not originated or was not sold in calendar year covered by register: 2,591,789
Fannie Mae (FNMA): 602,306
Freddie Mac (FHLMC): 471,239
Ginnie Mae (GNMA): 454,094
Commercial bank, savings bank or savings association: 271,953
Affiliate institution: 217,145
Life insurance company, credit union, mortgage bank, or finance company: 162,850
Other type of purchaser: 155,378
Private securitization: 25,376
Farmer Mac (FAMC): 462