See the latest Georgia mortgage rates for fixed rates; 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates;10, 7, 5, 3 years. Also see how local rates compares nationally, and main lending options available across the state. Buying a home in Georgia could be easier with today’s mortgage rates.
Mortgage Rates in Georgia –
The table below shows today’s home purchase mortgage rates for Georgia, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.61% | 6.66% | 6.71% | |
| Georgia | 6.54% | 6.59% | 6.64% | |
| Credit Unions | 6.14% | 6.19% | 6.34% | 9.4/10 |
| Online lenders | 6.24% | 6.29% | 6.44% | 7.9/10 |
| Banks | 6.54% | 6.59% | 6.64% | 8.3/10 |
| 30 year fixed | 6.54% | 6.59% | 6.64% | |
| 30 year fixed FHA | 6.08% | 6.13% | 6.18% | |
| 30 year fixed VA | 6.33% | 6.38% | 6.43% | |
| 30 year fixed Jumbo | 6.77% | 7.15% | 7.34% | |
| 20 year fixed | 6.11% | 6.16% | 6.21% | |
| 15 year fixed | 5.86% | 5.91% | 5.96% | |
| 10 year fixed | 5.91% | 5.96% | 6.01% | |
| 3 year ARM | 7.51% | 7.56% | 7.61% | |
| 5 year ARM | 6.39% | 6.44% | 6.49% | |
| 7 year ARM | 6.49% | 6.54% | 6.59% | |
| 10 year ARM | 6.54% | 6.59% | 6.64% | |
| Satisfaction | 9.5/10 | 8.0/10 | 8.2/10 |
Source: MFP’s Community Home Purchase Rates Survey from Georgian members the last 30 days.
How Georgia Compares to National Averages
- Georgia mortgage rates (6.54% for best credit scores) are slightly below national averages (national average: 6.61%).
- Credit unions are more competitive: In Georgia, credit unions offer 6.14%, banks 6.54%, online lenders 6.24%.
Mortgage Options in Georgia
- 30 year fixed: 6.54% - most popular long-term option for predictable payments
- 20 year fixed: 6.11% - balance between payment size and interest savings
- 15 year fixed: 5.86% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.91% - shortest fixed-term option with competitive rates
- 10 year variable: 7.51% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.39% - A mid-term variable option...
- 5 year variable: 6.49% - Shorter-term variable mortgage...
- 3 year variable: 6.54% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Georgia Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Atlanta | 6.32% | 5.65% |
| Augusta | 6.29% | 5.62% |
| Columbus | 6.28% | 5.61% |
| Savannah | 6.30% | 5.63% |
| Athens | 6.29% | 5.62% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Georgia Best Mortgage Lenders
See which Georgia lenders are most recommended for a home mortgage by community members surveys accross the State and in its main metro areas.
Atlanta, Columbus, Augusta, Macon, Savannah, Athens, Sandy Springs, Roswell, Johns Creek, Warner Robins, Albany, Alpharetta, Online lenders, Brokers & Consultants
FAQs Georgia Mortgage Rates
Are home purchase rates higher in Georgia than the U.S. average?
No, Georgia rates are typically slightly below the national average, offering competitive financing options for homebuyers.
What credit score is best for buying a home in Georgia?
A credit score of 720 or higher will generally secure the most favorable mortgage rates from Georgia lenders.
Is it better to choose a fixed-rate or ARM in Georgia?
Fixed-rate mortgages provide payment stability for long-term homeowners, while ARMs may offer lower initial rates for those planning to move sooner.
More Info for Georgia Home Buyers:
Mortgage Rates & Tools
Home Purchase Calculator: Estimate your monthly payment.
Home Affordability Calculator: See what price range fits your budget.
FHA Mortgage Rates: Current rates for FHA buyers.
30 Year Fixed Home Mortgage: Today’s rate for the most common term.
15 Year Fixed Home Mortgage: Today’s rate for faster payoff.
Loan Programs & Assistance
FHA Loans: How FHA mortgages work and who qualifies.
Mortgage Documents Checklist: What you’ll need to apply, including special cases like self-employed and condo buyers.
Georgia Down Payment Assistance: Programs that help cover your down payment.
Lenders & Homeowner Resources
Best Mortgage Lenders in Georgia: Community rated lenders by city.
Georgia Home Insurance Cost: Average premiums and top rated local insurers.
Homeowner Resources & Grants: Grants and assistance programs for homeowners nationwide.