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Mortgage rates in Atlanta, Georgia

By Clare Mallen · Bankrate.com
Thursday, June 30, 2016
Posted: 6 am ET

Mortgage rates fell in Atlanta this week. Meanwhile, home prices in the metro area rose higher than the national average, the Atlanta-Journal Constitution reports.

According to the S&P/Case-Shiller House Price Index, home prices in the nation's 20 largest metro areas had an average gain of 5.4% nationally. Metro Atlanta's home prices were up an average of 6.5% during the past year, the 7th strongest increase among large metros, the AJC notes.

This week's rates

The benchmark 30-year fixed-rate mortgage in Atlanta decreased to 3.89% from 3.95%, according to Bankrate.com's weekly national survey of large lenders. The mortgages in this week's survey had an average total of 0.45 discount and origination points. Nationally, the 30-year fixed-rate mortgage was 3.61%.

More rates

The benchmark 30-year jumbo mortgage, for loans of $417,000 and more, dropped to 3.56% from 3.63%. The benchmark 15-year fixed-rate mortgage sunk to 3.02% from 3.10%. The benchmark 5/1 adjustable-rate mortgage dipped to 3.26% from 3.30%.

Weekly mortgage survey

Results from Bankrate's June 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: 3.89% 3.02% 3.26% 3.56%
Change from last week: -0.06 -0.08 -0.04 -0.07
Monthly payment: $777.31 $1,141.05 $719 $1,886.51
Change from last week: -$5.66 -$6.34 -$3.62 -$16.32
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15 Comments
Eduardo
April 29, 2016 at 12:10 pm

Is there a way to track the Atlanta area interest rate for the last 90 days? Trying to decide if I should lock in a rate.
Do you also have a source for 20 year fixed?

Derek Miller
April 05, 2016 at 10:13 am

I have been renting to long need to buy this home thank you

homepage
December 19, 2014 at 5:04 am

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Shawanna
July 08, 2013 at 2:03 am

a definite okay view of Mortgage rates in Atlanta, Georgia Bankrate, Inc. Perfect adore it

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