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Georgia

Current Georgia Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in Georgia. Review free, personalized mortgage rates for Georgia based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Georgia. Plus, shopping lenders is free and there is no obligation.

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Mortgage Rates for Georgia as of August 22, 2019
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Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Georgia Mortgage Rates Compare?

August 22, 2019

The current average rate for a 30 year fixed rate mortgage in Georgia is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Georgia Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.600%
15 Year Fixed Rate
B.BBB%
3.050%
5/1 Adjustable Rate Mortgage
C.CCC%
3.360%

How Affordable is Housing in Georgia?

The median home value for Georgia is $200,027

The median household income for Georgia is $56,779

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Georgia is $37,111

The home price you can afford to by based on household income in Georgia is 153% of the median home value which means housing prices are average. Georgia ranks 22 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Georgia is average

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Additional Mortgage Resources for Georgia Residents

Mortgage Rates for Georgia Cities

Athens Mortgage Rates

Atlanta Mortgage Rates

Augusta Mortgage Rates

Canton Mortgage Rates

Carrollton Mortgage Rates

Columbia Mortgage Rates

Columbus Mortgage Rates

Cumming Mortgage Rates

Decatur Mortgage Rates

Dunwoody Mortgage Rates

Forest Park Mortgage Rates

Gainesville Mortgage Rates

Gwinnett Mortgage Rates

Macon Mortgage Rates

Marietta Mortgage Rates

McDonough Mortgage Rates

Newnan Mortgage Rates

Paulding Mortgage Rates

Savannah Mortgage Rates

Warner Robins Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

FREEandCLEAR Housing Affordability Index