Today’s Refinance Rates in South Carolina

Updated: October 3, 2024

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Mortgage Refinance Rates From Top Lenders

What Is a Good Refinance Rate in South Carolina?

The average mortgage rate in South Carolina is 4.49% for a 15-year FRM, a little higher than the national average of 4.45%. In this state, the interest rate for a 30-year FRM is 5.14% and 4.09% for a 5/1 ARM. Both are lower than the national averages of 5.30% for a 30-year FRM and 4.19% for a 5/1 ARM.

A “good” interest rate depends on loan terms, loan amount, credit score, current income, existing debts and other personal or financial factors. One way to find the best rate for your needs is to compare different quotes from lenders.

Take note that rates differ every day. The rate you will receive today may not be the same as the rate you will get next week.

Estimate Your New Monthly Mortgage Payment

Use the rates we have provided above, along with your other mortgage details, to get an estimate of your monthly payment. Keep in mind that rates vary every day and your lender may give you a different rate based on your credit score, debt-to-income ratio and other personal factors.

Mortgage Refinance Calculator in South Carolina
Make sure refinancing your existing home loan will save you money.
Updated։ Oct 04, 2024
Fact Checked

By Mandy Sleight, Licensed Insurance Agent

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Frequently Asked Questions About Refinance Rates in South Carolina

MoneyGeek answered questions frequently asked by people who are looking for the best refinance rates in South Carolina.

What is a good refinance rate in South Carolina?
What is a bad refinance rate in South Carolina?
What is a good refinance interest rate on a 30-year fixed-rate mortgage in South Carolina?
What is a good refinance interest rate on a 15-year fixed-rate mortgage in South Carolina?
What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in South Carolina?
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