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Mortgage rates in Atlanta, Georgia

By Clare Mallen · Bankrate.com
Thursday, July 30, 2015
Posted: 7 am ET

Mortgage rates mostly rose in Atlanta this week. Meanwhile, the city placed 4th in the nation for green buildings, The Atlanta Journal-Constitution reports.

Researchers from Maastricht University and real estate services firm CBRE released their 2nd annual Green Building Adoption Index. Atlanta placed 4th overall among the top 30 U.S. markets and 1st in the percentage of all buildings certified.

The report said more than 29% of Atlanta's buildings qualified as green, more than twice the national average. Office buildings are significant users of energy and water while producing large amounts of waste and carbon emissions; therefore, many large companies decided to seek and occupy environmentally appropriate buildings, the AJC notes.

This week's rates

The benchmark 30-year fixed-rate mortgage in Atlanta climbed to 4.29% from 4.18%, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.62 discount and origination points. Nationally, the 30-year fixed-rate mortgage was 4.09%.

More rates

The benchmark 30-year jumbo mortgage, for loans of $417,000 and more, fell to 4% from 4.06%. The benchmark 15-year fixed-rate mortgage jumped to 3.41% from 3.3%. The benchmark 5/1 adjustable-rate mortgage spiked to 3.64% from 3.33%.

Weekly mortgage survey

Results from Bankrate's July 29 survey of mortgage lenders. Monthly payments are for a $165,000 loan. The jumbo rate is for the minimum jumbo loan amount of $417,000 in Atlanta.
30-year fixed 15-year fixed 5-year ARM 30-year jumbo
This week's rate: 4.29% 3.41% 3.64% 4%
Change from last week: +0.11 +0.11 +0.31 -0.06
Monthly payment: $815.57 $1,172.28 $753.88 $1,990.82
Change from last week: +$10.69 +$8.90 +$29.11 -$14.40
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11 Comments
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July 08, 2013 at 2:03 am

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