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Macon

Compare Current Macon, Georgia Mortgage Rates

Compare Macon, GA mortgage rates and fees from top lenders. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lowest mortgage rates in Macon.

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

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Macon, GA Mortgage Rates as of March 29, 2024
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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.

Rate data provided by RateUpdate.com. Displayed by ICB, a division of Mortgage Research Center, NMLS #1907, Equal Housing Opportunity. Payments do not include taxes or insurance premiums. Actual payments will be greater with taxes and insurance included. Read through our lender table disclaimer for more information on rates and product details.

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Compare Today's Macon, GA Mortgage Rates

March 29, 2024

Current mortgage rates in Macon, GA are % for a 30 year fixed rate loan, % for a 15 year fixed loan and % for a 5/1 adjustable rate mortgage (ARM)

Mortgage Program
Today's
Macon, GA Rates
National
Average
Comparison
30 Year Fixed Rate
%
6.669%
15 Year Fixed Rate
%
5.960%
5/1 Adjustable Rate Mortgage
%
6.250%

How Affordable is Housing in Macon, Georgia?

Below we provide helpful information on the real estate market, home prices and housing affordability in Macon. Understand how much you need to earn to afford a home in Macon, including the mortgage you need to qualify for. Review the monthy payment so you can determine if owning a house in Macon fits your budget. This information is based on proprietary analysis you can only find on FREEandCLEAR and we offer it to help you decide if living in Macon is right for you.

The median home value for Macon, GA (Bibb County) is $183,065

Based on current mortgage rates and a 10% down payment, you need to make $38,190 per year to buy the median priced home in Macon

With this income, you could qualify for a $164,759 mortgage, assuming your monthly debt expense is reasonable

Based on this loan amount, the monthly mortgage payment required to buy the median priced home in Macon is $884

The median household income for Macon, GA (Bibb County) is $48,879

Based on this income, you can afford a home valued at approximately $234,303

The home price you can afford to buy based on household income in Macon is 128% of the median home value which means housing prices are average. Macon (Bibb County) ranks 125 out of 159 counties in Georgia and 2,367 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Macon, GA is average

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Loan Limits for Macon, Georgia

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Macon (Bibb County) below.

Conforming loan limits for Macon, GA

1 unit: $726,200
2 units: $929,850
3 units: $1,123,900
4 units: $1,396,800

FHA loan limits for Macon, GA

1 unit: $472,030
2 units: $604,400
3 units: $730,525
4 units: $907,900

VA loan limits for Macon, GA

1 unit: $726,200

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