Hi Jeannie, School taxes are not collected separately in NC rather they are grouped together with the property taxes associated with the home. I know where I am from in New York a separate bill was issued each year for school taxes that had to be paid but it is included in the property taxes in Charlotte. If you would like to know the tax rates for the county, city, or town you can go to the Mecklenburg County Website. https://charmeck.org and under the tax assessors office link there is a great resource that lays out all of the tax breakdowns for Mecklenburg County. Hope this helps!... more
Mortgage interest rates are not decided strictly by the federal government lending rate but by other factors like mortgage securities and mortgage bond rates....
There are other factors that play into the rate juast as the stock market varies so do interest rates. I have seen mortgage lenders tell one rate to a client based on that day's rate and then when they found a house the rate either was up or down based on the day.... So even though the federal government is not raising the lending rate it is not tied to mortgage rates.
Coldwell Banker United