South Carolina Refinance Rates
Compare today's refi rates in South Carolina (SC). Updated 2026-04-28.
Avg. 30-Year Refi Rate
6.71%
State average · SC
Avg. 15-Year Refi Rate
5.95%
State average · SC
Est. Closing Costs
$5,000
Typical range in SC
South Carolina refi rates (6.71%) are 0.17% below the national average (6.88%). Source: FRED · Updated 2026-04-28.
Top Refi Lenders in South Carolina (12)
30yr: 6.305%15yr: 5.555%Cash-out: 6.555%
30yr: 6.305%15yr: 5.555%Cash-out: 6.430%
30yr: 6.380%15yr: 5.630%Cash-out: 6.580%
30yr: 6.420%15yr: 5.680%Cash-out: 6.680%
30yr: 6.430%15yr: 5.680%Cash-out: 6.680%
Refinancing Tips for South Carolina Homeowners
- • Average closing costs in SC are approximately $5,000 — factor this into your break-even calculation.
- • With a 30-year refi rate of 6.71%, homeowners who locked in rates above 7.5% may save significantly by refinancing.
- • South Carolina has no special state tax on mortgage refinancing — check with your tax advisor for deductibility of points and fees.
- • VA IRRRL and FHA streamline refinances require less documentation and no new appraisal in most cases, making them faster to close.
FAQ: Refinancing in South Carolina
What is the average refinance rate in South Carolina?+
The average 30-year refinance rate in South Carolina is approximately 6.71%, compared to the national average of 6.88%.
How much are refinance closing costs in South Carolina?+
Estimated refinance closing costs in South Carolina are approximately $5,000. This typically includes origination fees, appraisal, title insurance, and government recording fees.
How long does it take to refinance in South Carolina?+
A typical refinance in South Carolina takes 30-45 days from application to closing. VA IRRRL and FHA streamline refinances may close faster due to reduced documentation requirements.