RALEIGH - CARY Mortgage Rates & Closing Costs
30yr Fixed Rate
15yr Fixed Rate
FHA
USDA
VA
5/1 ARM
30 Year Fixed Rate mortgages in Raleigh - Cary averaged
6.07%
for the week of 2024-09-05, compared to the national average of
6.35% for the same period.
The average rate for the prior week (2024-08-29) was
6.17% and
one month ago for the week of 2024-08-01, the
average rate was 6.35%.
Raleigh - Cary's average rate one year ago was 6.7%.
For refis of the same type during the week of 2024-09-05, the average rate
was 6.1%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2024-09-05 | 6.35% |
| Raleigh - Cary 30 Year Fixed Rate | 2024-09-05 | 6.07% |
| Raleigh - Cary 30 Year Fixed Rate Refi | 2024-09-05 | 6.1% |
| Raleigh - Cary 15 Year Fixed Rate | 2024-09-05 | 5.25% |
| Raleigh - Cary 15 Year Fixed Rate Refi | 2024-09-05 | 5.72% |
| Raleigh - Cary 30 Year FHA | 2024-09-05 | -0.24% |
| Raleigh - Cary 30 Year FHA Refi | 2024-09-05 | 0% |
| Raleigh - Cary 30 Year USDA | 2024-09-05 | -0.64% |
| Raleigh - Cary 30 Year USDA Refi | 2024-09-05 | -0.1% |
| Raleigh - Cary 30 Year VA | 2024-09-05 | -0.23% |
| Raleigh - Cary 30 Year VA Refi | 2024-09-05 | -0.1% |
Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within RALEIGH-CARY, NC.
RALEIGH - CARY Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the RALEIGH-CARY, NC market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
RALEIGH - CARY Average Closing Costs & Other Stats
RALEIGH-CARY, NC's 411 lenders originated 38,655
loans during 2023. The total origination value was $12,568,015,000, with an average loan value of
$325,133.
RALEIGH - CARY's average closing costs are $4,649.
The top RALEIGH - CARY lender as defined by loan originations is STATE EMPLOYEES', with
1,935 loans originated. Their average total fees are
$4,506, which is $1,505
higher than the next largest lender,
EAGLE HOME MORTGAGE, LLC.
The lowest fee RALEIGH - CARY lenders (with over 10 loans originated) are
Third Federal Savings and Loan Association of Cleveland ($1,655), CAPITAL CENTER, L.L.C. ($1,962), PREMIA MORTGAGE, LLC ($1,963), Benchmark Community Bank ($2,248) and PULTE MORTGAGE LLC ($2,353).
The lowest rate RALEIGH - CARY lenders (with over 10 loans originated) are
First Bank (4.94%), DIGITAL Federal Credit Union (5.09%), Third Federal Savings and Loan Association of Cleveland (5.17%), SCIENT Federal Credit Union (5.18%) and HomeTrust Bank (5.33%).
RALEIGH-CARY, NC Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2022 Loan Value | 2023 Loan Value | % Change | 2023 Market Share |
|---|---|---|---|---|
| STATE EMPLOYEES' | $1,712,875,000 | $1,143,830,000 | -33.2% | 9.1% |
| UNITED WHOLESALE MORTGAGE, LLC | $537,295,000 | $483,220,000 | -10.1% | 3.8% |
| QUICKEN LOANS, LLC | $944,255,000 | $479,770,000 | -49.2% | 3.8% |
| Truist | $663,175,000 | $471,225,000 | -28.9% | 3.7% |
| EAGLE HOME MORTGAGE, LLC | $238,575,000 | $420,100,000 | 76.1% | 3.3% |
| First-Citizens Bank & Trust Company | $536,330,000 | $412,715,000 | -23.0% | 3.3% |
| COASTAL Federal Credit Union | $699,520,000 | $402,800,000 | -42.4% | 3.2% |
| MOVEMENT MORTGAGE, LLC | $519,320,000 | $384,605,000 | -25.9% | 3.1% |
| PULTE MORTGAGE LLC | $265,505,000 | $269,715,000 | 1.6% | 2.1% |
| LOANDEPOT.COM, LLC | $384,310,000 | $250,335,000 | -34.9% | 2.0% |
| Wells Fargo Bank | $1,348,450,000 | $227,590,000 | -83.1% | 1.8% |
| Barings Multifamily Capital | $213,150,000 | n/a | 1.7% | |
| Bank of America | $294,840,000 | $208,635,000 | -29.2% | 1.7% |
| First National Bank of Pennsylvania | $283,015,000 | $195,815,000 | -30.8% | 1.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $301,150,000 | $189,640,000 | -37.0% | 1.5% |
| CMG MORTGAGE, INC. | $52,180,000 | $156,490,000 | 199.9% | 1.2% |
| DHI MORTGAGE COMPANY, LTD. | $92,515,000 | $141,965,000 | 53.5% | 1.1% |
| NAVY FEDERAL CREDIT UNION | $175,090,000 | $138,790,000 | -20.7% | 1.1% |
| PNC Bank | $295,230,000 | $134,385,000 | -54.5% | 1.1% |
| JPMorgan Chase Bank | $177,160,000 | $134,360,000 | -24.2% | 1.1% |
| Prosperity Home Mortgage, LLC | $241,690,000 | $133,140,000 | -44.9% | 1.1% |
| CROSSCOUNTRY MORTGAGE, LLC | $132,855,000 | $122,590,000 | -7.7% | 1.0% |
| GUARANTEED RATE, INC. | $209,130,000 | $113,915,000 | -45.5% | 0.9% |
| M/I FINANCIAL, LLC | $70,055,000 | $113,315,000 | 61.8% | 0.9% |
| Towne Bank | $217,400,000 | $112,980,000 | -48.0% | 0.9% |
| North State Bank | $198,955,000 | $112,575,000 | -43.4% | 0.9% |
| United Bank | $6,940,000 | $108,710,000 | 1,466.4% | 0.9% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $129,325,000 | $105,225,000 | -18.6% | 0.8% |
| MATTAMY HOME FUNDING, LLC | $79,555,000 | $101,200,000 | 27.2% | 0.8% |
| PENNYMAC LOAN SERVICES, LLC | $191,570,000 | $98,580,000 | -48.5% | 0.8% |
| First Heritage Mortgage, LLC | $137,565,000 | $96,660,000 | -29.7% | 0.8% |
| South Pacific Financial Corporation | $82,320,000 | $95,345,000 | 15.8% | 0.8% |
| Mortgage Research Center, LLC | $107,290,000 | $90,845,000 | -15.3% | 0.7% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $127,255,000 | $86,025,000 | -32.4% | 0.7% |
| American Security Mortgage Corp. | $53,295,000 | $86,010,000 | 61.4% | 0.7% |
| ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $100,250,000 | $85,170,000 | -15.0% | 0.7% |
| NVR Mortgage Finance, Inc. | $93,455,000 | $85,115,000 | -8.9% | 0.7% |
| U.S. Bank | $96,990,000 | $82,970,000 | -14.5% | 0.7% |
| KBHS HOME LOANS, LLC | $55,675,000 | $80,175,000 | 44.0% | 0.6% |
| United Community Bank | $148,495,000 | $79,840,000 | -46.2% | 0.6% |
| Towne Mortgage of the Carolinas, LLC | $115,225,000 | $79,075,000 | -31.4% | 0.6% |
| CORNERSTONE HOME LENDING, INC. | $148,625,000 | $76,480,000 | -48.5% | 0.6% |
| The Fidelity Bank | $75,935,000 | $76,390,000 | 0.6% | 0.6% |
| Corporate Investors Mortgage Group, Inc. | $148,295,000 | $74,090,000 | -50.0% | 0.6% |
| VANDERBILT MORTGAGE AND FINANCE, INC. | $71,755,000 | $66,710,000 | -7.0% | 0.5% |
| NFM, INC. | $101,065,000 | $66,700,000 | -34.0% | 0.5% |
| JONES LANG LASALLE MULTIFAMILY, LLC | $6,715,000 | $62,340,000 | 828.4% | 0.5% |
| GoPrime Mortgage, Inc. | $161,750,000 | $61,845,000 | -61.8% | 0.5% |
| ZILLOW HOME LOANS, LLC | $32,150,000 | $60,835,000 | 89.2% | 0.5% |
| FIRST HOME MORTGAGE CORPORATION | $41,820,000 | $59,825,000 | 43.1% | 0.5% |
| Fifth Third Bank | $157,685,000 | $59,695,000 | -62.1% | 0.5% |
| LOCAL GOVERNMENT FEDERAL CREDIT UNION | $100,615,000 | $58,050,000 | -42.3% | 0.5% |
| PGIM Real Estate Finance, LLC | $237,795,000 | $55,005,000 | -76.9% | 0.4% |
| DIGITAL Federal Credit Union | $64,560,000 | $54,765,000 | -15.2% | 0.4% |
| WALKER & DUNLOP, LLC | $157,810,000 | $52,350,000 | -66.8% | 0.4% |
| Alcova Mortgage LLC | $81,630,000 | $51,770,000 | -36.6% | 0.4% |
| NEWREZ LLC | $35,770,000 | $48,325,000 | 35.1% | 0.4% |
| Grandbridge Real Estate Capital LLC | $4,345,000 | $46,825,000 | 977.7% | 0.4% |
| The Central Trust Bank | $78,725,000 | $46,185,000 | -41.3% | 0.4% |
| Prudential Huntoon Paige Associates, LLC | $165,930,000 | $45,385,000 | -72.6% | 0.4% |
| EQUITY RESOURCES, INC. | $92,995,000 | $45,295,000 | -51.3% | 0.4% |
| Third Federal Savings and Loan Association of Cleveland | $78,510,000 | $45,065,000 | -42.6% | 0.4% |
| FREEDOM MORTGAGE CORPORATION | $111,905,000 | $42,655,000 | -61.9% | 0.3% |
| Mr. Cooper ( Nationstar Mortgage ) | $123,215,000 | $41,145,000 | -66.6% | 0.3% |
| ACADEMY MORTGAGE CORPORATION | $63,910,000 | $40,340,000 | -36.9% | 0.3% |
| Citibank | $34,445,000 | $40,325,000 | 17.1% | 0.3% |
| GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION | $47,650,000 | $40,040,000 | -16.0% | 0.3% |
| Truliant Federal Credit Union | $24,275,000 | $39,690,000 | 63.5% | 0.3% |
| Pinnacle Bank | $87,020,000 | $39,610,000 | -54.5% | 0.3% |
| LATINO COMMUNITY CREDIT UNION | $29,005,000 | $38,640,000 | 33.2% | 0.3% |
| Citizens Bank | $35,700,000 | $38,405,000 | 7.6% | 0.3% |
| BERKELEY POINT CAPITAL LLC | $140,605,000 | $37,725,000 | -73.2% | 0.3% |
| BROKER SOLUTIONS, INC. | $67,050,000 | $35,885,000 | -46.5% | 0.3% |
| First Horizon Bank | $72,095,000 | $33,860,000 | -53.0% | 0.3% |
| The Federal Savings Bank | $41,460,000 | $33,390,000 | -19.5% | 0.3% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $40,700,000 | $32,870,000 | -19.2% | 0.3% |
| VELOCIO MORTGAGE L.L.C. | $20,650,000 | $32,140,000 | 55.6% | 0.3% |
| First Bank | $115,975,000 | $31,235,000 | -73.1% | 0.2% |
| BETTER MORTGAGE CORPORATION | $124,430,000 | $30,995,000 | -75.1% | 0.2% |
| Morgan Stanley Private Bank | $37,060,000 | $30,815,000 | -16.9% | 0.2% |
| USAA Federal Savings Bank | $32,365,000 | $30,410,000 | -6.0% | 0.2% |
| The Huntington National Bank | $37,410,000 | $29,920,000 | -20.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $55,660,000 | $29,905,000 | -46.3% | 0.2% |
| T2 FINANCIAL LLC | $55,075,000 | $29,760,000 | -46.0% | 0.2% |
| GREYSTONE SERVICING COMPANY LLC | $7,650,000 | $28,950,000 | 278.4% | 0.2% |
| TBI MORTGAGE COMPANY | $43,460,000 | $28,085,000 | -35.4% | 0.2% |
| TD Bank | $37,345,000 | $27,860,000 | -25.4% | 0.2% |
| AMERISAVE MORTGAGE CORPORATION | $127,600,000 | $27,740,000 | -78.3% | 0.2% |
| UNION HOME MORTGAGE CORP. | $40,190,000 | $27,355,000 | -31.9% | 0.2% |
| Flagstar Bank, FSB | $72,920,000 | $26,305,000 | -63.9% | 0.2% |
| Southern Bank and Trust Company | $54,875,000 | $26,090,000 | -52.5% | 0.2% |
| FIRST EQUITY MORTGAGE INCORPORATED | $27,545,000 | $25,775,000 | -6.4% | 0.2% |
| MUTUAL OF OMAHA MORTGAGE, INC. | $39,390,000 | $24,795,000 | -37.1% | 0.2% |
| Regions Bank | $186,475,000 | $24,275,000 | -87.0% | 0.2% |
| Discover Bank | $18,675,000 | $23,625,000 | 26.5% | 0.2% |
| Integrity Home Mortgage Corp | $1,380,000 | $23,275,000 | 1,586.6% | 0.2% |
| HOMESPIRE MORTGAGE CORPORATION | $28,950,000 | $23,065,000 | -20.3% | 0.2% |
| Arbor Realty Trust, Inc. | $23,045,000 | n/a | 0.2% | |
| Carter Bank & Trust | $505,000 | $22,605,000 | 4,376.2% | 0.2% |
| INTERCOASTAL MORTGAGE COMPANY | $27,305,000 | $22,550,000 | -17.4% | 0.2% |
| KS Bank, Inc. | $22,205,000 | $22,240,000 | 0.2% | 0.2% |
| HOWARD HANNA FINANCIAL SERVICES, INC. | $21,985,000 | n/a | 0.2% | |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $7,375,000 | $21,845,000 | 196.2% | 0.2% |
| Northpointe Bank | $26,390,000 | $20,940,000 | -20.7% | 0.2% |
| South State Bank | $29,540,000 | $20,925,000 | -29.2% | 0.2% |
| Plains Commerce Bank | $8,710,000 | $20,785,000 | 138.6% | 0.2% |
| NBKC BANK | $24,145,000 | $20,660,000 | -14.4% | 0.2% |
| Community Bank of the Chesapeake | $20,065,000 | n/a | 0.2% | |
| SOUTHERN TRUST MORTGAGE, LLC | $41,045,000 | $19,060,000 | -53.6% | 0.2% |
| CARDINAL FINANCIAL | $47,000,000 | $18,855,000 | -59.9% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $22,020,000 | $17,730,000 | -19.5% | 0.1% |
| Blue Ridge Bank | $19,695,000 | $17,215,000 | -12.6% | 0.1% |
| M&T Bank | $5,275,000 | $16,635,000 | 215.4% | 0.1% |
| HOMESIDE FINANCIAL, LLC | $28,105,000 | $16,505,000 | -41.3% | 0.1% |
| ARK-LA-TEX FINANCIAL SERVICES, LLC. | $14,440,000 | $15,975,000 | 10.6% | 0.1% |
| Cedar Rapids Bank and Trust Company | $2,525,000 | $15,935,000 | 531.1% | 0.1% |
| HomeTrust Bank | $31,570,000 | $15,755,000 | -50.1% | 0.1% |
| Figure Lending LLC | $19,365,000 | $15,395,000 | -20.5% | 0.1% |
| Carrington Mortgage Services, LLC | $29,575,000 | $14,850,000 | -49.8% | 0.1% |
| General Mortgage Capital Corporation | $1,205,000 | $14,805,000 | 1,128.6% | 0.1% |
| First Carolina Bank | $97,680,000 | $14,760,000 | -84.9% | 0.1% |
| HIGHLANDS RESIDENTIAL MORTGAGE, LTD. | $45,285,000 | $14,545,000 | -67.9% | 0.1% |
| RELIANCE FIRST CAPITAL, LLC | $20,995,000 | $14,495,000 | -31.0% | 0.1% |
| CITY FIRST MORTGAGE SERVICES, L.L.C. | $14,285,000 | n/a | 0.1% | |
| JET HOMELOANS, LLC | $18,380,000 | $13,805,000 | -24.9% | 0.1% |
| MORTGAGE SOLUTIONS OF COLORADO, LLC | $14,825,000 | $13,645,000 | -8.0% | 0.1% |
| Ameris Bank | $35,505,000 | $13,550,000 | -61.8% | 0.1% |
| READYCAP COMMERCIAL, LLC | $13,145,000 | n/a | 0.1% | |
| Sound Bank | $12,705,000 | n/a | 0.1% | |
| Ally Bank | $60,525,000 | $12,635,000 | -79.1% | 0.1% |
| RESOURCE FINANCIAL SERVICES, INC. | $35,510,000 | $12,430,000 | -65.0% | 0.1% |
| DEEPHAVEN MORTGAGE LLC | $10,320,000 | $12,380,000 | 20.0% | 0.1% |
| AgCarolina Farm Credit, FLCA | $9,980,000 | $11,925,000 | 19.5% | 0.1% |
| CAPITAL CENTER, L.L.C. | $44,870,000 | $11,775,000 | -73.8% | 0.1% |
| RBC Bank, (Georgia) | $8,065,000 | $11,735,000 | 45.5% | 0.1% |
| EMM LOANS LLC | $6,070,000 | $11,715,000 | 93.0% | 0.1% |
| BAY EQUITY LLC | $9,535,000 | $11,590,000 | 21.6% | 0.1% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $45,990,000 | $11,000,000 | -76.1% | 0.1% |
| TIDEWATER MORTGAGE SERVICES, INC. | $8,895,000 | $10,980,000 | 23.4% | 0.1% |
| Benchmark Community Bank | $18,010,000 | $10,965,000 | -39.1% | 0.1% |
| Kwik Mortgage Corporation | $5,235,000 | $10,955,000 | 109.3% | 0.1% |
| First National Bank of America | $3,670,000 | $10,650,000 | 190.2% | 0.1% |
| Providence Bank | $10,470,000 | n/a | 0.1% | |
| VILLAGE CAPITAL MORTGAGE | $6,980,000 | $10,100,000 | 44.7% | 0.1% |
| AMWEST FUNDING CORP. | $7,315,000 | $9,450,000 | 29.2% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $22,975,000 | $9,450,000 | -58.9% | 0.1% |
| SFMC, LP | $9,385,000 | n/a | 0.1% | |
| ALLEGACY FEDERAL CREDIT UNION | $10,100,000 | $9,140,000 | -9.5% | 0.1% |
| The Loan Store, Inc. | $730,000 | $9,135,000 | 1,151.4% | 0.1% |
| DELMAR FINANCIAL COMPANY | $9,080,000 | n/a | 0.1% | |
| Charles Schwab Bank, SSB | $24,195,000 | $9,065,000 | -62.5% | 0.1% |
| PREMIA MORTGAGE, LLC | $8,235,000 | $9,040,000 | 9.8% | 0.1% |
| Deere Employees Credit Union | $20,000,000 | $8,895,000 | -55.5% | 0.1% |
| GUILD MORTGAGE COMPANY | $10,760,000 | $8,745,000 | -18.7% | 0.1% |
| United Nations Federal Credit Union | $42,965,000 | $8,455,000 | -80.3% | 0.1% |
| Century Mortgage Company DBA Century Lending Company | $305,000 | $8,070,000 | 2,545.9% | 0.1% |
| American National Bank and Trust Company | $7,920,000 | $8,025,000 | 1.3% | 0.1% |
| LAKEVIEW LOAN SERVICING, LLC | $38,800,000 | $7,950,000 | -79.5% | 0.1% |
| Wake Forest Federal Savings and Loan Association | $7,670,000 | $7,925,000 | 3.3% | 0.1% |
| NexBank | $1,910,000 | $7,870,000 | 312.0% | 0.1% |
| RF Renovo Management Company, LLC | $5,585,000 | $7,575,000 | 35.6% | 0.1% |
| Citadel Servicing Corporation | $6,890,000 | $7,480,000 | 8.6% | 0.1% |
| Commerce Home Mortgage, Inc. | $1,990,000 | $7,425,000 | 273.1% | 0.1% |
| Bank of England | $9,635,000 | $7,325,000 | -24.0% | 0.1% |
| SCIENT Federal Credit Union | $7,315,000 | n/a | 0.1% | |
| Dollar Bank, Federal Savings Bank | $4,035,000 | $7,305,000 | 81.0% | 0.1% |
| DRAPER AND KRAMER MORTGAGE CORP. | $15,570,000 | $7,050,000 | -54.7% | 0.1% |
| NEW DAY FINANCIAL, LLC | $17,935,000 | $6,815,000 | -62.0% | 0.1% |
| CHURCHILL MORTGAGE CORPORATION | $11,260,000 | $6,705,000 | -40.5% | 0.1% |
| FINANCIAL RESOURCES FEDERAL CREDIT UNION | $1,690,000 | $6,695,000 | 296.2% | 0.1% |
| FBC MORTGAGE, LLC | $6,130,000 | $6,685,000 | 9.1% | 0.1% |
| Equity Prime Mortgage LLC | $3,550,000 | $6,530,000 | 83.9% | 0.1% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $6,505,000 | n/a | 0.1% | |
| MICHIGAN MUTUAL, INC. | $3,890,000 | $6,500,000 | 67.1% | 0.1% |
| Strong Home Mortgage, LLC | $16,280,000 | $6,400,000 | -60.7% | 0.1% |
| SWBC MORTGAGE CORPORATION | $5,945,000 | $6,360,000 | 7.0% | 0.1% |
| First Federal Bank | $2,680,000 | $6,325,000 | 136.0% | 0.1% |
| UIF CORPORATION | $9,445,000 | $6,300,000 | -33.3% | 0.1% |
| Atlantic Coast Mortgage, LLC | $8,040,000 | $6,275,000 | -22.0% | 0.0% |
| PLAZA HOME MORTGAGE, INC. | $5,600,000 | $6,275,000 | 12.1% | 0.0% |
| OCMBC, INC. | $6,195,000 | n/a | 0.0% | |
| GUIDANCE RESIDENTIAL, LLC | $13,430,000 | $5,975,000 | -55.5% | 0.0% |
| Touchstone Bank | $6,725,000 | $5,760,000 | -14.3% | 0.0% |
| First Federal Bank | $2,680,000 | $5,745,000 | 114.4% | 0.0% |
| BNC National Bank | $8,420,000 | $5,680,000 | -32.5% | 0.0% |
| Stifel Bank and Trust | $7,305,000 | $5,590,000 |