Fitzgerald Mortgage Rates & Closing Costs
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% |
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. LouisDate | 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 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. LouisDate | 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 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.