Mortgage rates for Georgia on Lender411 for 30-year fixed-rate mortgages are at 4.43%. That increased from 4.36% to 4.43%. The 15-year fixed rates are now at 3.62%. The 5/1 ARM mortgage for Georgia is now at 3.25%.
Below you can find 30-year fixed rates for Mortgage Refinance for Georgia for the loan amount of $200,000.
If you are looking for up to the minute Georgia mortgage rates, you’ve come to the right place. Finding the lowest rates is easy when you have access to our vast network of trusted mortgage professionals in Georgia. Talk to multiple mortgage lenders in GA to compare rate quotes and understand your options.
For a more precise rate quote in your county, you can also browse Georgia Mortgage Rates by county.
Why is it critical to find the lowest rate when refinancing? Simply put, this is the entire goal of a refinance. The lower your new rate, the more money you’ll save. While there are many ways to secure a refinance loan, the best option is the no cost refi, which allows you to switch to a new mortgage with a lower rate without paying the fees associated with closing a new loan. This can literally save you thousands of dollars.
The loan types available in Georgia are much like those available elsewhere. One of the most widely available mortgage loan types is the 30 year fixed rate mortgage. As the name implies, this loan comes with a fixed interest rate. This is considered the most financially sound mortgage by many borrowers. Some opt for the 15-year fixed option.
The adjustable rate mortgage (ARM) is another common loan type. You can also pursue a jumbo loan, interest-only loan, balloon mortgage, or other specialized loan type. Whether or not one of these loans fits you will depend entirely on your needs and the requirements of your lender. Government backed loans, such as the FHA loan and the VA loan, are available to those who qualify.
Georgia is a renowned state in the southern part of the United States and holds the distinction of being one of the original thirteen colonies. Georgia is known as The Peach State and is well known for its peach crops, which are famous throughout the world.
Major cities in Georgia include Atlanta, Augusta, Columbus, and Savannah. Atlanta is both the largest city and the state capital and was the hosting place of the 1996 Summer Olympics. If you are looking to live in a place that has a rich history and a strong dose of southern hospitality, perhaps you should consider becoming a home owner in Georgia.
To learn more about homeownership in Georgia or research GA home buying programs, visit the Georgia HUD portal.
Follow these links to learn more about Georgia mortgages.