Fitzgerald Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Fitzgerald averaged 6.37% for the week of 2023-05-25, compared to the national average of 6.57% for the same period.

    The average rate for the prior week (2023-05-18) was 6.39% and one month ago for the week of 2023-04-20, the average rate was 6.29%.

    Fitzgerald's average rate one year ago was 5.35%.

    For refis of the same type during the week of 2023-05-25, the average rate was 6.87%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2023-05-25 6.57%
    Fitzgerald 30 Year Fixed Rate 2023-05-25 6.37%
    Fitzgerald 30 Year Fixed Rate Refi 2023-05-25 6.87%
    Fitzgerald 15 Year Fixed Rate 2023-05-25 5.87%
    Fitzgerald 15 Year Fixed Rate Refi 2023-05-25 6.37%
    Fitzgerald 30 Year FHA 2023-05-25 6.81%
    Fitzgerald 30 Year FHA Refi 2023-05-25 6.61%
    Fitzgerald 30 Year USDA 2023-05-25 6.63%
    Fitzgerald 30 Year USDA Refi 2023-05-25 6.83%
    Fitzgerald 30 Year VA 2023-05-25 6.51%
    Fitzgerald 30 Year VA Refi 2023-05-25 6.21%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within Fitzgerald, GA.

    Fitzgerald Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Fitzgerald, GA market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2022 Avg. 30yFix Rate 2022 Avg. Closing Costs
    QUICKEN LOANS, LLC 9 4.62% $5,937
    Colony Bank 6 5.04% $4,104
    AMERISAVE MORTGAGE CORPORATION 2 4.63% $6,103
    HOMESTAR FINANCIAL CORPORATION 2 3.38% $6,761
    CALIBER HOME LOANS, INC. 1 5.00% $2,643
    Carrington Mortgage Services, LLC 1 4.88% $11,352
    CRESCENT MORTGAGE COMPANY 1 3.38% $8,724
    CROSSCOUNTRY MORTGAGE, LLC 1 9.25% $3,603
    EVERETT FINANCIAL, INC. 1 3.88% $2,345
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 4.25% $14,464
    Flagstar Bank, FSB 1 5.38% $5,750
    GUARANTY HOME MORTGAGE CORPORATION 1 6.13% $3,879
    MORTGAGE INVESTORS GROUP, INC. 1 3.63% $4,805
    NAVY FEDERAL CREDIT UNION 1 3.75% $3,017
    PENNYMAC LOAN SERVICES, LLC 1 4.50% $6,939
    South State Bank 1 4.25% $9,219
    T2 FINANCIAL LLC 1 5.88% $5,750
    Truist 1 5.38% $7,398
    Alcova Mortgage LLC 1 7.50% $3,531
    UNITED WHOLESALE MORTGAGE, LLC 1 6.50% $6,623
    Ameris Bank 1 6.88% $4,786
    ANGEL OAK HOME LOANS LLC 1 5.25% $6,046
    BANKSOUTH MORTGAGE COMPANY, LLC 1 6.50% $4,370

    Fitzgerald Average Closing Costs & Other Stats

    Fitzgerald, GA's 23 lenders originated 184 loans during 2022. The total origination value was $22,560,000, with an average loan value of $122,609.

    Fitzgerald's average closing costs are $4,274.

    The top Fitzgerald lender as defined by loan originations is QUICKEN LOANS, LLC, with 9 loans originated. Their average total fees are $5,937, which is $1,833 higher than the next largest lender, Colony Bank.

    The lowest fee Fitzgerald lenders (with over 10 loans originated) are .

    The lowest rate Fitzgerald lenders (with over 10 loans originated) are .

    Fitzgerald, GA Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2021 Loan Value 2022 Loan Value % Change 2022 Market Share
    HOMESTAR FINANCIAL CORPORATION $6,345,000 $4,675,000 -26.3% 20.7%
    QUICKEN LOANS, LLC $8,435,000 $3,875,000 -54.1% 17.2%
    Colony Bank $2,405,000 $2,380,000 -1.0% 10.5%
    Commercial Banking Company $225,000 $735,000 226.7% 3.3%
    MORTGAGE INVESTORS GROUP, INC. $105,000 $725,000 590.5% 3.2%
    Mortgage Research Center, LLC $375,000 $685,000 82.7% 3.0%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $145,000 $605,000 317.2% 2.7%
    AMERISAVE MORTGAGE CORPORATION $510,000 $555,000 8.8% 2.5%
    ANGEL OAK HOME LOANS LLC $780,000 $555,000 -28.8% 2.5%
    21ST MORTGAGE CORPORATION $150,000 $530,000 253.3% 2.3%
    BROKER SOLUTIONS, INC. $490,000 $395,000 -19.4% 1.8%
    UNITED WHOLESALE MORTGAGE, LLC $395,000 n/a 1.8%
    Renasant Bank $540,000 $360,000 -33.3% 1.6%
    ACOPIA, LLC $355,000 n/a 1.6%
    PENNYMAC LOAN SERVICES, LLC $295,000 $315,000 6.8% 1.4%
    Carrington Mortgage Services, LLC $55,000 $310,000 463.6% 1.4%
    CRESCENT MORTGAGE COMPANY $305,000 n/a 1.4%
    Truist $295,000 n/a 1.3%
    FREEDOM MORTGAGE CORPORATION $980,000 $270,000 -72.4% 1.2%
    Mr. Cooper ( Nationstar Mortgage ) $855,000 $260,000 -69.6% 1.2%
    EVERETT FINANCIAL, INC. $230,000 n/a 1.0%
    LOANDEPOT.COM, LLC $210,000 $230,000 9.5% 1.0%
    MOVEMENT MORTGAGE, LLC $220,000 n/a 1.0%
    South State Bank $215,000 n/a 1.0%
    TOWNE MORTGAGE COMPANY $215,000 n/a 1.0%
    Ameris Bank $355,000 $205,000 -42.3% 0.9%
    T2 FINANCIAL LLC $205,000 n/a 0.9%
    NEW DAY FINANCIAL, LLC $250,000 $185,000 -26.0% 0.8%
    PLANTERS FIRST BANK $460,000 $185,000 -59.8% 0.8%
    BANKSOUTH MORTGAGE COMPANY, LLC $145,000 n/a 0.6%
    LAKEVIEW LOAN SERVICING, LLC $135,000 n/a 0.6%
    Pineland Bank $135,000 $135,000 0.0% 0.6%
    SOUTHEASTERN Credit Union $135,000 n/a 0.6%
    VILLAGE CAPITAL MORTGAGE $545,000 $135,000 -75.2% 0.6%
    Flagstar Bank, FSB $125,000 n/a 0.6%
    CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP $255,000 $115,000 -54.9% 0.5%
    Nations Lending Corporation $115,000 n/a 0.5%
    BAY EQUITY LLC $95,000 n/a 0.4%
    RUOFF MORTGAGE COMPANY, INC. $95,000 n/a 0.4%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $125,000 $85,000 -32.0% 0.4%
    PrimeSouth Bank $85,000 n/a 0.4%
    ROYAL UNITED MORTGAGE LLC $85,000 n/a 0.4%
    CALIBER HOME LOANS, INC. $75,000 n/a 0.3%
    TRIAD FINANCIAL SERVICES, INC. $135,000 $75,000 -44.4% 0.3%
    GUARANTY HOME MORTGAGE CORPORATION $75,000 $65,000 -13.3% 0.3%
    PeoplesSouth Bank $65,000 n/a 0.3%
    Alcova Mortgage LLC $55,000 n/a 0.2%
    NAVY FEDERAL CREDIT UNION $445,000 $55,000 -87.6% 0.2%
    CROSSCOUNTRY MORTGAGE, LLC $45,000 n/a 0.2%
    Figure Lending LLC $45,000 n/a 0.2%
    Glennville Bank $35,000 n/a 0.2%

    Fitzgerald's top lender by overall market share is HOMESTAR FINANCIAL CORPORATION, with 20.7% market share. In second place, with 17.2%, is QUICKEN LOANS, LLC, having originated $3,875,000 in loans. In third place, with 10.5%, is Colony Bank, having originated $2,380,000 in loans. In fourth place, with 3.3%, is Commercial Banking Company, having originated $735,000 in loans. In fifth place, with 3.2%, is MORTGAGE INVESTORS GROUP, INC., having originated $725,000 in loans.

    Fitzgerald Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - Fitzgerald (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $109,900 (24.9%) $141,636 (17.9%) 0.00 46
    2018-02-01 $89,925 (1.6%) $126,202 (16.9%) 0.00 53
    2018-03-01 $89,950 (2.9%) $126,933 (16.2%) 0.00 51
    2018-04-01 $97,125 (8.0%) $125,382 (11.9%) 0.00 51
    2018-05-01 $89,999 (2.0%) $148,218 (42.2%) 0.00 56
    2018-06-01 $99,500 (10.6%) $157,254 (43.7%) 0.00 50
    2018-07-01 $99,500 (2.4%) $140,017 (24.0%) 0.00 53
    2018-08-01 $99,600 (1.0%) $125,909 (8.7%) 0.00 55
    2018-09-01 $99,500 (-0.4%) $128,106 (12.2%) 0.00 58
    2018-10-01 $99,500 (-6.0%) $125,127 (-8.3%) 0.00 54
    2018-11-01 $103,750 (-5.6%) $129,125 (-6.4%) 0.00 55
    2018-12-01 $97,200 (-11.6%) $132,750 (-4.0%) 0.00 59
    2019-01-01 $105,750 (-3.8%) $132,172 (-6.7%) 0.00 56
    2019-02-01 $116,250 (29.3%) $134,733 (6.8%) 0.00 56
    2019-03-01 $119,000 (32.3%) $132,493 (4.4%) 0.00 59
    2019-04-01 $119,900 (23.5%) $133,862 (6.8%) 0.00 59
    2019-05-01 $115,500 (28.3%) $130,567 (-11.9%) 0.00 54
    2019-06-01 $109,900 (10.5%) $118,740 (-24.5%) 0.00 55
    2019-07-01 $96,500 (-3.0%) $109,153 (-22.0%) 0.00 57
    2019-08-01 $94,000 (-5.6%) $111,051 (-11.8%) 0.00 53
    2019-09-01 $98,375 (-1.1%) $123,046 (-4.0%) 0.00 58
    2019-10-01 $97,750 (-1.8%) $119,845 (-4.2%) 0.00 62
    2019-11-01 $95,500 (-8.0%) $122,691 (-5.0%) 0.00 55
    2019-12-01 $98,850 (1.7%) $131,635 (-0.8%) 0.00 56
    2020-01-01 $92,700 (-12.3%) $126,416 (-4.4%) 0.00 59
    2020-02-01 $89,900 (-22.7%) $128,534 (-4.6%) 0.00 59
    2020-03-01 $95,500 (-19.8%) $138,514 (4.5%) 0.00 50
    2020-04-01 $103,250 (-13.9%) $141,395 (5.6%) 0.00 51
    2020-05-01 $107,000 (-7.4%) $136,522 (4.6%) 0.00 48
    2020-06-01 $121,675 (10.7%) $153,653 (29.4%) 0.00 48
    2020-07-01 $117,400 (21.7%) $161,388 (47.9%) 0.00 42
    2020-08-01 $92,500 (-1.6%) $144,098 (29.8%) 0.00 31
    2020-09-01 $99,100 (0.7%) $161,925 (31.6%) 0.00 28
    2020-10-01 $112,400 (15.0%) $161,594 (34.8%) 0.00 23
    2020-11-01 $119,900 (25.6%) $167,264 (36.3%) 0.00 28
    2020-12-01 $111,150 (12.4%) $139,529 (6.0%) 0.00 26
    2021-01-01 $119,900 (29.3%) $152,038 (20.3%) 0.00 20
    2021-02-01 $119,925 (33.4%) $157,117 (22.2%) 0.00 20
    2021-03-01 $112,000 (17.3%) $150,898 (8.9%) 0.00 17
    2021-04-01 $118,500 (14.8%) $176,793 (25.0%) 0.00 21
    2021-05-01 $125,000 (16.8%) $185,121 (35.6%) 0.00 21
    2021-06-01 $147,975 (21.6%) $202,258 (31.6%) 0.00 19
    2021-07-01 $146,950 (25.2%) $209,088 (29.6%) 0.00 15
    2021-08-01 $139,900 (51.2%) $189,293 (31.4%) 0.00 13
    2021-09-01 $152,175 (53.6%) $208,569 (28.8%) 0.00 14
    2021-10-01 $179,900 (60.1%) $233,267 (44.4%) 0.00 13
    2021-11-01 $189,900 (58.4%) $232,085 (38.8%) 0.00 22
    2021-12-01 $213,650 (92.2%) $252,897 (81.3%) 0.00 19
    2022-01-01 $209,900 (75.1%) $245,381 (61.4%) 0.00 21
    2022-02-01 $159,900 (33.3%) $220,003 (40.0%) 0.00 27
    2022-03-01 $151,950 (35.7%) $187,806 (24.5%) 0.00 24
    2022-04-01 $92,700 (-21.8%) $166,367 (-5.9%) 0.00 29
    2022-05-01 $144,150 (15.3%) $212,309 (14.7%) 0.00 25
    2022-06-01 $142,400 (-3.8%) $202,785 (0.3%) 0.00 34
    2022-07-01 $148,250 (0.9%) $206,146 (-1.4%) 0.00 29
    2022-08-01 $130,575 (-6.7%) $178,532 (-5.7%) 0.00 27
    2022-09-01 $148,675 (-2.3%) $175,981 (-15.6%) 0.00 27
    2022-10-01 $159,000 (-11.6%) $171,828 (-26.3%) 0.00 23
    2022-11-01 $159,500 (-16.0%) $186,648 (-19.6%) 0.00 28
    2022-12-01 $140,000 (-34.5%) $140,574 (-44.4%) 0.00 25
    2023-01-01 $139,900 (-33.4%) $148,383 (-39.5%) 0.00 33
    2023-02-01 $162,400 (1.6%) $186,748 (-15.1%) 0.00 33
    2023-03-01 $166,000 (9.3%) $189,719 (1.0%) 0.00 32
    2023-04-01 $184,000 (98.5%) $204,500 (22.9%) 0.00 27
    Fitzgerald's median listing price for 2023-04-01 was $184,000, a difference of $91,300 (98.5%) versus the prior year and $18,000 versus the prior month.

    Fitzgerald's median listing price comes in at 0% of the national average.

    Fitzgerald's average listing price for 2023-04-01 was $204,500, a difference of $38,133 (22.9%) versus the prior year and $14,781 versus the prior month.

    For the 2023-04-01 period, Fitzgerald had 27 MLS listings, a difference of -5 listings (-16%) versus the prior month and -2 listings (-7%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - Fitzgerald (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,805 sqft
    2018-02-01 0 days 1,671 sqft
    2018-03-01 0 days 1,696 sqft
    2018-04-01 0 days 1,801 sqft
    2018-05-01 0 days 1,747 sqft
    2018-06-01 0 days 1,805 sqft
    2018-07-01 0 days 1,743 sqft
    2018-08-01 0 days 1,831 sqft
    2018-09-01 0 days 1,727 sqft
    2018-10-01 0 days 1,776 sqft
    2018-11-01 0 days 1,806 sqft
    2018-12-01 0 days 1,799 sqft
    2019-01-01 0 days 1,721 sqft
    2019-02-01 0 days 1,757 sqft
    2019-03-01 0 days 1,769 sqft
    2019-04-01 0 days 1,799 sqft
    2019-05-01 0 days 1,843 sqft
    2019-06-01 0 days 1,849 sqft
    2019-07-01 0 days 1,853 sqft
    2019-08-01 0 days 1,806 sqft
    2019-09-01 0 days 1,787 sqft
    2019-10-01 0 days 1,639 sqft
    2019-11-01 0 days 1,646 sqft
    2019-12-01 0 days 1,765 sqft
    2020-01-01 0 days 1,733 sqft
    2020-02-01 0 days 1,780 sqft
    2020-03-01 0 days 1,795 sqft
    2020-04-01 0 days 1,748 sqft
    2020-05-01 0 days 1,645 sqft
    2020-06-01 0 days 1,813 sqft
    2020-07-01 0 days 1,791 sqft
    2020-08-01 0 days 1,642 sqft
    2020-09-01 0 days 1,613 sqft
    2020-10-01 0 days 1,814 sqft
    2020-11-01 0 days 1,935 sqft
    2020-12-01 0 days 1,805 sqft
    2021-01-01 0 days 2,042 sqft
    2021-02-01 0 days 2,042 sqft
    2021-03-01 0 days 1,518 sqft
    2021-04-01 0 days 1,516 sqft
    2021-05-01 0 days 1,574 sqft
    2021-06-01 0 days 1,620 sqft
    2021-07-01 0 days 1,868 sqft
    2021-08-01 0 days 1,902 sqft
    2021-09-01 0 days 1,931 sqft
    2021-10-01 0 days 2,012 sqft
    2021-11-01 0 days 1,796 sqft
    2021-12-01 0 days 1,875 sqft
    2022-01-01 0 days 1,964 sqft
    2022-02-01 0 days 1,996 sqft
    2022-03-01 0 days 1,774 sqft
    2022-04-01 0 days 1,738 sqft
    2022-05-01 0 days 1,617 sqft
    2022-06-01 0 days 1,946 sqft
    2022-07-01 0 days 1,868 sqft
    2022-08-01 0 days 1,773 sqft
    2022-09-01 0 days 1,762 sqft
    2022-10-01 0 days 1,572 sqft
    2022-11-01 0 days 1,741 sqft
    2022-12-01 0 days 1,616 sqft
    2023-01-01 0 days 1,778 sqft
    2023-02-01 0 days 1,865 sqft
    2023-03-01 0 days 1,840 sqft
    2023-04-01 0 days 1,957 sqft
    Fitzgerald's median listing age (time on market) for 2023-04-01 was 0 days.

    Fitzgerald's median square footage for active listings during the 2023-04-01 period was 1,957 sqft. One year prior, the average listing was 1,738 sqft.

    Fitzgerald, GA Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 103 $13,245,000 $128,592
    Refi 41 $4,165,000 $101,585
    Cash Out Refi 31 $4,655,000 $150,161
    Home Improvement 5 $205,000 $41,000
    Other 4 $290,000 $72,500

    Fitzgerald's most frequently cited loan purpose was Home Purchase, with 103 originations. The 2nd most popular reason was Refi, with 41 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    5-6% 59 $7,365,000 $124,831
    4-5% 37 $4,465,000 $120,676
    3-4% 29 $4,665,000 $160,862
    6-7% 25 $2,805,000 $112,200
    7-8% 11 $1,155,000 $105,000
    Over 8% 6 $230,000 $38,333
    <2.5% 4 $390,000 $97,500
    2.5-3% 3 $305,000 $101,667

    During 2022, Fitzgerald's most frequently originated rate bucket was 5-6%, with 59 originations.

    Loan Sizing (Fitzgerald, GA MSA)

    Loan Size Originations Total Value Average Loan
    $100k-200k 84 $11,840,000 $140,952
    $100,000 or less 76 $4,140,000 $54,474
    $200k-400k 22 $5,440,000 $247,273
    $400k-600k 1 $405,000 $405,000
    $600k-1000k 1 $735,000 $735,000

    Fitzgerald's loan sizing saw the bucket of loans from $100k-200k with 84 originations, totaling $11,840,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 89 $13,255,000 $148,933
    60-80% 42 $5,350,000 $127,381
    40-60% 24 $1,940,000 $80,833
    20-40% 11 $505,000 $45,909
    Under 20% 7 $135,000 $19,286
    Over 100% 1 $195,000 $195,000

    Fitzgerald's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 89 originations, totaling $13,255,000 in origination value.