Seeing North Carolina's mortgage rates edge upward—30-year fixed at 7.125%, 15-year fixed at 6.376%, and jumbo 30-year at 7.201%—is a good reminder of how quickly the lending landscape can shift. Refinance rates are also running a bit higher than the national average. For anyone navigating these numbers, especially self-employed borrowers or those whose income story doesn't fit the usual template, it's more important than ever to shop around and keep your credit in top shape. Over 30 years in this business, I've learned that understanding the person behind the application—and structuring a loan to fit their reality—matters just as much as chasing the best headline rate.
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