Today’s SC Real Estate Market & Mortgage Rates:
South Carolina’s real estate market is shifting from highly competitive to slow‑and‑steady. Price growth is modest but positive, inventory is rising, and buyers have more room to negotiate. Sellers face less frenzy but still benefit from steady interest. Hotspots like Greenville, Charleston, and Myrtle Beach continue to show resilience thanks to strong regional economies and lifestyle appeal.
As far as mortgage rate trends, in May 2025, the average 30-year fixed mortgage rate (as tracked by YCharts for the U.S.) was approximately 6.82%, based on weekly rate data:
- May 1: 6.76%
- May 8: 6.76%
- May 15: 6.81%
- May 22: 6.86%
- May 29: 6.89%
→ Average ≈ 6.82%
Though RateSaver Mortgage current mortgage rates have been lower than this, especially in the month of June. To check current mortgage rates, go to the website directly for updated rates: www.GaryTheMortgageExpert.com.
-Gary Schoenholz, Manager, Ratesaver Mortgage Inc (864) 979-1111
