Charlotte-based LendingTree said average mortgage rates fell this week.
Average rates offered by LendingTree network lenders declined to 4.55 percent for 30-year fixed-rate mortgages, 3.95 percent for 15-year fixed-rate mortgages and 3.47 percent for 5/1 adjustable-rate mortgages.
On Nov. 23, the lowest mortgage rates offered by lenders in the network were 4.25 percent for a 30-year fixed-rate mortgage, 3.375 percent for a 15-year fixed-rate mortgage and 2.63 percent for a 5/1 adjustable-rate mortgage.
Cameron Findlay, LendingTree chief economist, said a new post-settlement delivery fee schedule introduced by Freddie Mac and scheduled to take effect March 1 could result in higher interest rates passed on from lenders.
“The change is not significant but it’s an increase even for good credit borrowers,” he said.
A person with a credit score higher than 740 who expects to borrow more than 75 percent of the value of a property will pay 0.25 percent of the originated loan balance, or roughly a 0.05 percent increase in rate, he said. If the score drops to 659, a borrower might pay as much as 3 percent in fees, he said.
LendingTree’s figures are from its weekly snapshot of the lowest and average mortgage rates of lenders in its network.
As of Nov. 24, the lowest 30-year fixed-rate mortgage rate in North Carolina was 4.25 percent, the company said.
LendingTree is a subsidiary of Tree.com, which is traded under the symbol TREE.