Fitzgerald Mortgage Rates
30 Year Fixed Rate mortgages in Fitzgerald averaged
6.35%
for the week of 2022-06-23, compared to the national average of
5.81% for the same period.
The average rate for the prior week (2022-06-16) was
6.22% and
one month ago for the week of 2022-05-19, the
average rate was 5.59%.
Fitzgerald's average rate one year ago was 3.27%.
For refis of the same type during the week of 2022-06-23, the average rate
was 6.55%.
Loan Type | Date | Rate |
---|---|---|
US 30 Year Fixed Rate | 2022-06-23 | 5.81% |
Fitzgerald 30 Year Fixed Rate | 2022-06-23 | 6.35% |
Fitzgerald 30 Year Fixed Rate Refi | 2022-06-23 | 6.55% |
Fitzgerald 15 Year Fixed Rate | 2022-06-23 | 6.23% |
Fitzgerald 15 Year Fixed Rate Refi | 2022-06-23 | 5.42% |
Fitzgerald 30 Year FHA | 2022-06-23 | -0.04% |
Fitzgerald 30 Year FHA Refi | 2022-06-23 | -0.19% |
Fitzgerald 30 Year USDA | 2022-06-23 | 0.2% |
Fitzgerald 30 Year VA | 2022-06-23 | 0.29% |
Fitzgerald 30 Year VA Refi | 2022-06-23 | -0.54% |
Fitzgerald Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, 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 | 2021 Avg. 30yFix Rate | 2021 Avg. Total Fees |
---|---|---|---|
QUICKEN LOANS, LLC | 22 | 3.17% | $5,378 |
Colony Bank | 9 | 3.04% | $3,682 |
HOMESTAR FINANCIAL CORPORATION | 5 | 3.18% | $3,001 |
NAVY FEDERAL CREDIT UNION | 2 | 4.13% | $2,053 |
Renasant Bank | 2 | 3.13% | $5,060 |
Ameris Bank | 2 | 3.31% | $3,927 |
Fifth Third Bank | 1 | 3.63% | $5,212 |
MORTGAGE INVESTORS GROUP, INC. | 1 | 2.38% | $3,948 |
Mr. Cooper ( Nationstar Mortgage ) | 1 | 3.38% | $4,873 |
MUTUAL OF OMAHA MORTGAGE, INC. | 1 | 3.88% | $3,067 |
PENNYMAC LOAN SERVICES, LLC | 1 | 3.25% | $4,947 |
PRIMELENDING, A PLAINSCAPITAL COMPANY | 1 | 2.99% | $4,688 |
Prosperity Home Mortgage, LLC | 1 | 3.00% | $4,327 |
RELIANCE FIRST CAPITAL, LLC | 1 | 2.99% | $11,082 |
AgFirst Farm Credit Bank | 1 | 3.25% | $5,708 |
Wells Fargo Bank | 1 | 3.00% | $3,767 |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | 1 | 3.63% | $4,659 |
AMERISAVE MORTGAGE CORPORATION | 1 | 2.75% | $8,049 |
Arvest Bank | 1 | 3.63% | $3,745 |
BROKER SOLUTIONS, INC. | 1 | 3.13% | $4,707 |
CONTOUR MORTGAGE CORPORATION | 1 | 3.88% | $3,338 |
Fitzgerald, GA's 21 lenders originated 245
loans during 2021. The total origination value was $30,745,000, with an average loan value of
$125,490.
The top Fitzgerald lender as defined by loan originations is QUICKEN LOANS, LLC, with
22 loans originated. Their average total fees are
$5,378, which is $1,695
higher than the next largest lender,
Colony Bank.
The lowest fee Fitzgerald lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC ($5,378), .
The lowest rate Fitzgerald lenders (with over 10 loans originated) are
QUICKEN LOANS, LLC (3.17%), .
Fitzgerald, GA Lender 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 | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
---|---|---|---|---|
QUICKEN LOANS, LLC | $5,960,000 | $8,435,000 | 41.5% | 27.4% |
HOMESTAR FINANCIAL CORPORATION | $2,065,000 | $6,345,000 | 207.3% | 20.6% |
Colony Bank | $2,690,000 | $2,405,000 | -10.6% | 7.8% |
FREEDOM MORTGAGE CORPORATION | $395,000 | $980,000 | 148.1% | 3.2% |
Mr. Cooper ( Nationstar Mortgage ) | $560,000 | $855,000 | 52.7% | 2.8% |
ANGEL OAK HOME LOANS LLC | $765,000 | $780,000 | 2.0% | 2.5% |
VILLAGE CAPITAL & INVESTMENT LLC | $545,000 | n/a | 1.8% | |
Renasant Bank | $540,000 | n/a | 1.8% | |
AMERISAVE MORTGAGE CORPORATION | $510,000 | n/a | 1.7% | |
Wells Fargo Bank | $465,000 | $495,000 | 6.5% | 1.6% |
BROKER SOLUTIONS, INC. | $490,000 | n/a | 1.6% | |
PLANTERS FIRST BANK | $160,000 | $460,000 | 187.5% | 1.5% |
NAVY FEDERAL CREDIT UNION | $165,000 | $445,000 | 169.7% | 1.4% |
NEWREZ LLC | $380,000 | n/a | 1.2% | |
Mortgage Research Center, LLC | $670,000 | $375,000 | -44.0% | 1.2% |
Ameris Bank | $390,000 | $355,000 | -9.0% | 1.2% |
PENNYMAC LOAN SERVICES, LLC | $295,000 | n/a | 1.0% | |
MORTGAGE SOLUTIONS OF COLORADO, LLC | $285,000 | n/a | 0.9% | |
FirstBank | $280,000 | n/a | 0.9% | |
RELIANCE FIRST CAPITAL, LLC | $265,000 | n/a | 0.9% | |
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $255,000 | n/a | 0.8% | |
NEW DAY FINANCIAL, LLC | $250,000 | n/a | 0.8% | |
SOFI LENDING CORP. | $245,000 | n/a | 0.8% | |
Commercial Banking Company | $945,000 | $225,000 | -76.2% | 0.7% |
Arvest Bank | $215,000 | n/a | 0.7% | |
LOANDEPOT.COM, LLC | $655,000 | $210,000 | -67.9% | 0.7% |
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $175,000 | n/a | 0.6% | |
VAN DYK MORTGAGE CORPORATION | $175,000 | n/a | 0.6% | |
AgFirst Farm Credit Bank | $105,000 | $165,000 | 57.1% | 0.5% |
ATLANTIC BAY MORTGAGE GROUP, L.L.C. | $35,000 | $165,000 | 371.4% | 0.5% |
Low VA Rates, LLC | $165,000 | n/a | 0.5% | |
Ally Bank | $160,000 | n/a | 0.5% | |
CONTOUR MORTGAGE CORPORATION | $155,000 | n/a | 0.5% | |
Prosperity Home Mortgage, LLC | $155,000 | n/a | 0.5% | |
Synovus Bank | $385,000 | $155,000 | -59.7% | 0.5% |
21ST MORTGAGE CORPORATION | $455,000 | $150,000 | -67.0% | 0.5% |
FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $350,000 | $145,000 | -58.6% | 0.5% |
MUTUAL OF OMAHA MORTGAGE, INC. | $140,000 | n/a | 0.5% | |
MORTGAGE FINANCIAL GROUP, INC. | $135,000 | n/a | 0.4% | |
Pineland Bank | $135,000 | n/a | 0.4% | |
SUCCESS MORTGAGE PARTNERS, INC. | $135,000 | n/a | 0.4% | |
TRIAD FINANCIAL SERVICES, INC. | $135,000 | n/a | 0.4% | |
PRIMELENDING, A PLAINSCAPITAL COMPANY | $255,000 | $125,000 | -51.0% | 0.4% |
MORTGAGE INVESTORS GROUP, INC. | $260,000 | $105,000 | -59.6% | 0.3% |
Stifel Bank and Trust | $105,000 | n/a | 0.3% | |
USAA Federal Savings Bank | $105,000 | n/a | 0.3% | |
GUARANTEED RATE, INC. | $95,000 | n/a | 0.3% | |
NFM, INC. | $95,000 | n/a | 0.3% | |
PRIMARY RESIDENTIAL MORTGAGE, INC. | $95,000 | n/a | 0.3% | |
AMERICAN ADVISORS GROUP | $85,000 | n/a | 0.3% | |
Bank of America | $175,000 | $85,000 | -51.4% | 0.3% |
Discover Bank | $85,000 | n/a | 0.3% | |
GUARANTY HOME MORTGAGE CORPORATION | $75,000 | n/a | 0.2% | |
Paramount Residential Mortgage Group, Inc. | $75,000 | n/a | 0.2% | |
SOUTHWEST STAGE FUNDING, LLC | $250,000 | $75,000 | -70.0% | 0.2% |
U.S. Bank | $75,000 | n/a | 0.2% | |
Carrington Mortgage Services, LLC | $55,000 | n/a | 0.2% | |
Fifth Third Bank | $55,000 | $45,000 | -18.2% | 0.1% |
Fitzgerald's top lender by overall market share is QUICKEN LOANS, LLC, with 27.4% market share. In second place, with 20.6%, is HOMESTAR FINANCIAL CORPORATION, having originated $6,345,000 in loans. In third place, with 7.8%, is Colony Bank, having originated $2,405,000 in loans. In third place, with 3.2%, is FREEDOM MORTGAGE CORPORATION, having originated $980,000 in loans. In third place, with 2.8%, is Mr. Cooper ( Nationstar Mortgage ), having originated $855,000 in loans.
Fitzgerald, GA Market Loan Reason
Loan Purpose | Originations | Total Value | Average Loan |
---|---|---|---|
Home Purchase | 115 | $16,325,000 | $141,957 |
Refi | 88 | $9,130,000 | $103,750 |
Cash Out Refi | 39 | $4,825,000 | $123,718 |
Home Improvement | 2 | $90,000 | $45,000 |
Other | 1 | $375,000 | $375,000 |
Fitzgerald's most frequently cited loan purpose was Home Purchase, with 115 originations. The 2nd most popular reason was Refi, with 88 originations.
Interest Rate Frequencies
Loan Rate | Originations | Total Value | Average Loan |
---|---|---|---|
3-4% | 91 | $11,865,000 | $130,385 |
2.5-3% | 74 | $11,110,000 | $150,135 |
<2.5% | 38 | $4,980,000 | $131,053 |
5-6% | 13 | $455,000 | $35,000 |
4-5% | 11 | $1,035,000 | $94,091 |
6-7% | 6 | $340,000 | $56,667 |
Over 8% | 2 | $140,000 | $70,000 |
During 2021, Fitzgerald's most frequently originated rate bucket was 3-4%, with 91 originations.
Loan Sizing (Fitzgerald, GA MSA)
Loan Size | Originations | Total Value | Average Loan |
---|---|---|---|
$100k-200k | 111 | $15,535,000 | $139,955 |
$100,000 or less | 99 | $6,375,000 | $64,394 |
$200k-400k | 35 | $8,835,000 | $252,429 |
Fitzgerald's loan sizing saw the bucket of loans from $100k-200k with 111 originations, totaling $15,535,000 in origination value.
LTV Distribution
Loan to Value | Originations | Total Value | Average Loan |
---|---|---|---|
80-100% | 119 | $17,575,000 | $147,689 |
60-80% | 61 | $7,785,000 | $127,623 |
40-60% | 29 | $2,355,000 | $81,207 |
20-40% | 6 | $290,000 | $48,333 |
Under 20% | 5 | $75,000 | $15,000 |
Over 100% | 1 | $145,000 | $145,000 |
Fitzgerald's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 119 originations, totaling $17,575,000 in origination value.
Market Conditions (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 (23.9%) | $137,694 (14.5%) | 0.00 | 44 |
2018-02-01 | $89,950 (1.1%) | $124,356 (14.0%) | 0.00 | 51 |
2018-03-01 | $89,999 (2.3%) | $125,490 (14.4%) | 0.00 | 50 |
2018-04-01 | $94,750 (5.4%) | $124,025 (12.6%) | 0.00 | 50 |
2018-05-01 | $89,999 (1.7%) | $146,171 (41.4%) | 0.00 | 55 |
2018-06-01 | $99,500 (10.6%) | $157,890 (44.3%) | 0.00 | 50 |
2018-07-01 | $107,250 (7.4%) | $143,001 (24.3%) | 0.00 | 52 |
2018-08-01 | $99,900 (0.5%) | $130,978 (12.1%) | 0.00 | 55 |
2018-09-01 | $108,000 (3.0%) | $132,455 (16.2%) | 0.00 | 58 |
2018-10-01 | $108,950 (-0.9%) | $130,076 (-5.8%) | 0.00 | 56 |
2018-11-01 | $111,450 (1.4%) | $130,047 (-5.1%) | 0.00 | 56 |
2018-12-01 | $99,500 (-9.5%) | $132,015 (-2.1%) | 0.00 | 61 |
2019-01-01 | $106,500 (-3.1%) | $131,944 (-4.2%) | 0.00 | 57 |
2019-02-01 | $119,000 (32.3%) | $133,237 (7.1%) | 0.00 | 58 |
2019-03-01 | $119,429 (32.7%) | $132,774 (5.8%) | 0.00 | 69 |
2019-04-01 | $120,000 (26.7%) | $133,807 (7.9%) | 0.00 | 65 |
2019-05-01 | $117,000 (30.0%) | $131,447 (-10.1%) | 0.00 | 62 |
2019-06-01 | $129,000 (29.7%) | $121,220 (-23.2%) | 0.00 | 65 |
2019-07-01 | $108,000 (0.7%) | $111,613 (-22.0%) | 0.00 | 66 |
2019-08-01 | $102,643 (2.8%) | $114,813 (-12.3%) | 0.00 | 66 |
2019-09-01 | $96,500 (-10.7%) | $116,685 (-11.9%) | 0.00 | 69 |
2019-10-01 | $99,450 (-8.7%) | $117,649 (-9.6%) | 0.00 | 70 |
2019-11-01 | $96,500 (-13.4%) | $119,864 (-7.8%) | 0.00 | 64 |
2019-12-01 | $99,500 (0.0%) | $125,457 (-5.0%) | 0.00 | 66 |
2020-01-01 | $95,500 (-10.3%) | $123,597 (-6.3%) | 0.00 | 69 |
2020-02-01 | $92,500 (-22.3%) | $125,252 (-6.0%) | 0.00 | 66 |
2020-03-01 | $99,500 (-16.7%) | $139,460 (5.0%) | 0.00 | 55 |
2020-04-01 | $108,450 (-9.6%) | $142,764 (6.7%) | 0.00 | 55 |
2020-05-01 | $114,900 (-1.8%) | $138,313 (5.2%) | 0.00 | 54 |
2020-06-01 | $123,450 (-4.3%) | $153,208 (26.4%) | 0.00 | 52 |
2020-07-01 | $118,850 (10.1%) | $162,998 (46.0%) | 0.00 | 45 |
2020-08-01 | $97,755 (-4.8%) | $148,310 (29.2%) | 0.00 | 37 |
2020-09-01 | $124,900 (29.4%) | $163,080 (39.8%) | 0.00 | 29 |
2020-10-01 | $129,900 (30.6%) | $163,444 (38.9%) | 0.00 | 26 |
2020-11-01 | $126,500 (31.1%) | $170,364 (42.1%) | 0.00 | 28 |
2020-12-01 | $119,900 (20.5%) | $141,704 (13.0%) | 0.00 | 29 |
2021-01-01 | $120,000 (25.7%) | $150,558 (21.8%) | 0.00 | 23 |
2021-02-01 | $119,950 (29.7%) | $157,300 (25.6%) | 0.00 | 21 |
2021-03-01 | $112,000 (12.6%) | $151,162 (8.4%) | 0.00 | 18 |
2021-04-01 | $118,500 (9.3%) | $173,825 (21.8%) | 0.00 | 23 |
2021-05-01 | $129,000 (12.3%) | $183,371 (32.6%) | 0.00 | 22 |
2021-06-01 | $164,000 (32.9%) | $202,156 (32.0%) | 0.00 | 20 |
2021-07-01 | $149,000 (25.4%) | $205,802 (26.3%) | 0.00 | 17 |
2021-08-01 | $139,900 (43.1%) | $189,818 (28.0%) | 0.00 | 14 |
2021-09-01 | $154,900 (24.0%) | $204,828 (25.6%) | 0.00 | 15 |
2021-10-01 | $179,900 (38.5%) | $226,400 (38.5%) | 0.00 | 14 |
2021-11-01 | $199,900 (58.0%) | $236,555 (38.9%) | 0.00 | 23 |
2021-12-01 | $209,900 (75.1%) | $259,408 (83.1%) | 0.00 | 19 |
2022-01-01 | $209,900 (74.9%) | $251,491 (67.0%) | 0.00 | 22 |
2022-02-01 | $159,900 (33.3%) | $222,682 (41.6%) | 0.00 | 28 |
2022-03-01 | $159,450 (42.4%) | $191,538 (26.7%) | 0.00 | 27 |
2022-04-01 | $139,000 (17.3%) | $180,562 (3.9%) | 0.00 | 34 |
2022-05-01 | $151,700 (17.6%) | $211,862 (15.5%) | 0.00 | 30 |
Fitzgerald's median listing price comes in at 0% of the national average.
Fitzgerald's average listing price for 2022-05-01 was $211,862, a difference of $28,491 (15.5%) versus the prior year and $31,300 versus the prior month.
For the 2022-05-01 period, Fitzgerald had 30 MLS listings, a difference of -4 listings (-12%) versus the prior month and 8 listings (36%) 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 | 1,801 sqft |
2018-02-01 | 0 days | 1,664 sqft |
2018-03-01 | 0 days | 1,692 sqft |
2018-04-01 | 0 days | 1,805 sqft |
2018-05-01 | 0 days | 1,727 sqft |
2018-06-01 | 0 days | 1,805 sqft |
2018-07-01 | 0 days | 1,805 sqft |
2018-08-01 | 0 days | 1,871 sqft |
2018-09-01 | 0 days | 1,854 sqft |
2018-10-01 | 0 days | 1,854 sqft |
2018-11-01 | 0 days | 1,854 sqft |
2018-12-01 | 0 days | 1,836 sqft |
2019-01-01 | 0 days | 1,765 sqft |
2019-02-01 | 0 days | 1,792 sqft |
2019-03-01 | 0 days | 1,844 sqft |
2019-04-01 | 0 days | 1,829 sqft |
2019-05-01 | 0 days | 1,856 sqft |
2019-06-01 | 0 days | 1,854 sqft |
2019-07-01 | 0 days | 1,849 sqft |
2019-08-01 | 0 days | 1,766 sqft |
2019-09-01 | 0 days | 1,680 sqft |
2019-10-01 | 0 days | 1,710 sqft |
2019-11-01 | 0 days | 1,796 sqft |
2019-12-01 | 0 days | 1,797 sqft |
2020-01-01 | 0 days | 1,794 sqft |
2020-02-01 | 0 days | 1,778 sqft |
2020-03-01 | 0 days | 1,833 sqft |
2020-04-01 | 0 days | 1,821 sqft |
2020-05-01 | 0 days | 1,680 sqft |
2020-06-01 | 0 days | 1,815 sqft |
2020-07-01 | 0 days | 1,848 sqft |
2020-08-01 | 0 days | 1,868 sqft |
2020-09-01 | 0 days | 1,642 sqft |
2020-10-01 | 0 days | 1,868 sqft |
2020-11-01 | 0 days | 1,935 sqft |
2020-12-01 | 0 days | 1,868 sqft |
2021-01-01 | 0 days | 2,141 sqft |
2021-02-01 | 0 days | 2,144 sqft |
2021-03-01 | 0 days | 1,647 sqft |
2021-04-01 | 0 days | 1,531 sqft |
2021-05-01 | 0 days | 1,532 sqft |
2021-06-01 | 0 days | 1,626 sqft |
2021-07-01 | 0 days | 1,953 sqft |
2021-08-01 | 0 days | 1,941 sqft |
2021-09-01 | 0 days | 2,028 sqft |
2021-10-01 | 0 days | 2,050 sqft |
2021-11-01 | 0 days | 1,799 sqft |
2021-12-01 | 0 days | 1,850 sqft |
2022-01-01 | 0 days | 1,900 sqft |
2022-02-01 | 0 days | 2,021 sqft |
2022-03-01 | 0 days | 1,799 sqft |
2022-04-01 | 0 days | 1,799 sqft |
2022-05-01 | 0 days | 1,834 sqft |
Fitzgerald's median square footage for active listings during the 2022-05-01 period was 1,834 sqft. One year prior, the average listing was 1,532 sqft.