Bankrate aggregates home loan prices from numerous sources to give averages for sc.
Loan providers provide that is nationwide home loan prices to your comprehensive nationwide study to greatly help customers inside their home loan procedure. For more information on the rate that is different Bankrate publishes above, see Learning Bankrate’s Rate Averages.
Today’s 30-year rate that is fixed
Current prices in sc are 2.92% for a 30-year fixed, 2.33% for a 15-year fixed, and 2.68% for a 5/1 mortgage that is adjustable-rateARM).
Sc home loan overview
Home rates in sc have actually trended upward for some of this previous decade, as purchasers relocate to The Palmetto State because of its iconic seashores, historic towns and cities and reasonably affordable price of residing. At the time of might 2020, the home that is median in sc is $233,500, up 4.7 per cent through the year before.
First-time homebuyer programs in sc
The sc State Housing Finance and Development Authority (SC Housing) has a number of programs to greatly help low- and homebuyers that are moderate-income.
SC Housing Homeownership System
The SC Housing Homeownership system helps buyers get competitive fixed-rate mortgages that are 30-year including traditional, FHA, USDA and VA loans. Continue reading