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Mortgage rates in Atlanta, Georgia

By Clare Mallen · Bankrate.com
Thursday, July 2, 2015
Posted: 7 am ET

Mortgage rates varied in Atlanta this week. Meanwhile, Coca-Cola is moving 500 employees from the Atlanta suburbs back to the city, the Atlanta Business Chronicle reports.

Coca-Cola, the world's largest beverage maker, began in Atlanta almost 130 years ago and is in the process of restructuring its 35-acre campus on North Avenue into a modernized headquarters. Two years ago, the company consolidated several metro offices into a new information technology division downtown, the Chronicle noted.

This week's rates

The benchmark 30-year fixed-rate mortgage in Atlanta remained at 4.26%, according to the Bankrate.com national survey of large lenders. The mortgages in this week's survey had an average total of 0.26 discount and origination points. Nationally, the 30-year fixed-rate mortgage was 4.19%.

More rates

The benchmark 30-year jumbo mortgage, for loans of $417,000 and more, remained at 4.19%. The benchmark 15-year fixed-rate mortgage fell to 3.41% from 3.46%. The benchmark 5/1 adjustable-rate mortgage rose to 3.41% from 3.37%.

Weekly mortgage survey

Results from Bankrate's July 1 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: 4.26% 3.41% 3.41% 4.19%
Change from last week: N/C -0.05 +0.04 N/C
Monthly payment: $812.67 $1,172.28 $732.66 $2,036.77
Change from last week: N/C -$4.03 +$3.67 N/C
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July 08, 2013 at 2:03 am

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