Investments

Mortgage rates fall below average due to Fed decisions

As is the case in most states, mortgage rates in North Carolina have fallen below the national average, thanks in large part to the Federal Reserve.

The average North Carolina rate on a 15-year fixed mortgage as of Dec. 19 was 2.89 percent (national average 2.93 percent), according to Charlottesville-based SNL Financial in a new survey.

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3d rendering of a row of luxury townhouses along a street

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