Georgia Mortgage Rates Today — Compare GA Lenders
The average 30-year fixed mortgage rate in Georgia is currently 6.50% APR. Atlanta continues to be one of the fastest-growing metros in the US, consistently attracting businesses and residents from higher-cost cities. Compare today’s rates from top Georgia lenders across all major loan types below.
Georgia Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $380,000 loan on a single-family primary residence in Georgia.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.50% | 6.50% | Most Popular |
| 15-Year Fixed | 5.85% | 5.85% | Pay off faster, save interest |
| 5/1 ARM | 6.62% | 6.62% | Short-term owners |
| FHA 30-Year | 6.18% | 6.18% | Low down payment |
| VA 30-Year | 6.02% | 6.02% | Veterans & military |
| 30-Year Refinance | 6.62% | 6.62% | Existing homeowners |
Rates sourced from lender survey data and updated regularly. Actual rates vary by lender and borrower profile. See disclaimer.
Understanding Mortgage Rates in Georgia
Georgia offers a relatively affordable housing market compared to coastal states, particularly outside the Atlanta metro. The state’s growing economy anchored by Atlanta’s diverse industry base including tech, film, logistics, and finance continues to drive strong housing demand.
First-time buyers can access programs through the Georgia Dream Homeownership Program, which offers down payment assistance of up to $10,000. The Atlanta suburbs have seen particularly strong demand and home price appreciation.
What Affects Your Georgia Mortgage Rate?
Several key factors influence the rate a Georgia lender will offer you: your credit score (740+ gets the best rates), your down payment (20%+ eliminates PMI), your loan type (VA and FHA often beat conventional), and broader market conditions driven by the Federal Reserve and Treasury yields. Always compare at least 3–5 lenders — the spread between best and worst rate can be 0.5–1.0%.