Fitzgerald Mortgage Rates & Closing Costs

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

30 Year Fixed Rate mortgages in Fitzgerald averaged 6.32% for the week of 2024-10-03, compared to the national average of 6.12% for the same period.

The average rate for the prior week (2024-09-26) was 6.18% and one month ago for the week of 2024-08-29, the average rate was 6.45%.

Fitzgerald's average rate one year ago was 7.21%.

For refis of the same type during the week of 2024-10-03, the average rate was 6.02%.

Loan Type Date Rate
US 30 Year Fixed Rate 2024-10-03 6.12%
Fitzgerald 30 Year Fixed Rate 2024-10-03 6.32%
Fitzgerald 30 Year Fixed Rate Refi 2024-10-03 6.02%
Fitzgerald 15 Year Fixed Rate 2024-10-03 5.45%
Fitzgerald 15 Year Fixed Rate Refi 2024-10-03 5.25%
Fitzgerald 30 Year FHA 2024-10-03 5.79%
Fitzgerald 30 Year FHA Refi 2024-10-03 5.69%
Fitzgerald 30 Year USDA 2024-10-03 5.97%
Fitzgerald 30 Year USDA Refi 2024-10-03 6.07%
Fitzgerald 30 Year VA 2024-10-03 5.8%
Fitzgerald 30 Year VA Refi 2024-10-03 5.4%
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 2023 Avg. 30yFix Rate 2023 Avg. Closing Costs
QUICKEN LOANS, LLC 6 6.83% $6,015
HOMESTAR FINANCIAL CORPORATION 2 7.06% $4,684
Ameris Bank 1 6.63% $5,363
BANKSOUTH MORTGAGE COMPANY, LLC 1 7.75% $5,609
CANOPY MORTGAGE, LLC 1 6.63% $4,631
Colony Bank 1 5.63% $4,875
FAIRWAY INDEPENDENT MORTGAGE CORPORATION 1 8.38% $6,495
Fifth Third Bank 1 6.49% $3,782
First National Bank of America 1 9.75% $7,743
GUARANTEED RATE, INC. 1 6.63% $5,072
Midwest Mortgage Associates Corporation 1 7.25% $4,855
Mortgage Research Center, LLC 1 6.38% $4,336
Mr. Cooper ( Nationstar Mortgage ) 1 7.63% $6,305
PRIMARY RESIDENTIAL MORTGAGE, INC. 1 6.13% $4,473
PrimeSouth Bank 1 7.25% $575
A&D Mortgage LLC 1 8.88% $14,972
Renasant Bank 1 6.88% $3,746
AMERISAVE MORTGAGE CORPORATION 1 6.88% $9,595

Fitzgerald Average Closing Costs & Other Stats

Fitzgerald, GA's 18 lenders originated 152 loans during 2023. The total origination value was $50,530,000, with an average loan value of $332,434.

Fitzgerald's average closing costs are $4,742.

The top Fitzgerald lender as defined by loan originations is QUICKEN LOANS, LLC, with 6 loans originated. Their average total fees are $6,015, which is $1,331 higher than the next largest lender, HOMESTAR FINANCIAL CORPORATION.

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 2022 Loan Value 2023 Loan Value % Change 2023 Market Share
Merchants Bank of Indiana $28,850,000 n/a 57.1%
HOMESTAR FINANCIAL CORPORATION $4,675,000 $2,850,000 -39.0% 5.6%
QUICKEN LOANS, LLC $3,875,000 $2,460,000 -36.5% 4.9%
LIMA ONE CAPITAL, LLC $2,375,000 n/a 4.7%
BANKSOUTH MORTGAGE COMPANY, LLC $145,000 $1,295,000 793.1% 2.6%
Colony Bank $2,380,000 $1,265,000 -46.8% 2.5%
Mortgage Research Center, LLC $685,000 $830,000 21.2% 1.6%
UNITED WHOLESALE MORTGAGE, LLC $395,000 $660,000 67.1% 1.3%
CANOPY MORTGAGE, LLC $485,000 n/a 1.0%
Mr. Cooper ( Nationstar Mortgage ) $260,000 $455,000 75.0% 0.9%
SHELTER HOME MORTGAGE, LLC $415,000 n/a 0.8%
SUCCESS MORTGAGE PARTNERS, INC. $395,000 n/a 0.8%
FAIRWAY INDEPENDENT MORTGAGE CORPORATION $605,000 $390,000 -35.5% 0.8%
MORTGAGE SOLUTIONS OF COLORADO, LLC $345,000 n/a 0.7%
A&D Mortgage LLC $315,000 n/a 0.6%
Ameris Bank $205,000 $315,000 53.7% 0.6%
BROKER SOLUTIONS, INC. $395,000 $310,000 -21.5% 0.6%
LOANDEPOT.COM, LLC $230,000 $305,000 32.6% 0.6%
FREEDOM MORTGAGE CORPORATION $270,000 $285,000 5.6% 0.6%
CREDIT HUMAN FEDERAL CREDIT UNION $265,000 n/a 0.5%
USAA Federal Savings Bank $260,000 n/a 0.5%
MOVEMENT MORTGAGE, LLC $220,000 $255,000 15.9% 0.5%
MEGASTAR FINANCIAL CORP. $245,000 n/a 0.5%
AMERICAN FINANCIAL RESOURCES, INC. $235,000 n/a 0.5%
HOMEBRIDGE FINANCIAL SERVICES, INC. $235,000 n/a 0.5%
JPMorgan Chase Bank $235,000 n/a 0.5%
HomePromise Corporation $215,000 n/a 0.4%
ACOPIA, LLC $355,000 $175,000 -50.7% 0.3%
ATLANTIC BAY MORTGAGE GROUP, L.L.C. $170,000 n/a 0.3%
PLANTERS FIRST BANK $185,000 $165,000 -10.8% 0.3%
TOP FLITE FINANCIAL, INC. $165,000 n/a 0.3%
UNION HOME MORTGAGE CORP. $165,000 n/a 0.3%
AMERISAVE MORTGAGE CORPORATION $555,000 $155,000 -72.1% 0.3%
Georgia Community Bank $155,000 n/a 0.3%
Midwest Mortgage Associates Corporation $145,000 n/a 0.3%
21ST MORTGAGE CORPORATION $530,000 $140,000 -73.6% 0.3%
CROSSCOUNTRY MORTGAGE, LLC $45,000 $135,000 200.0% 0.3%
GUARANTEED RATE, INC. $135,000 n/a 0.3%
Renasant Bank $360,000 $135,000 -62.5% 0.3%
SOUTHEASTERN Credit Union $135,000 $130,000 -3.7% 0.3%
Commercial Banking Company $735,000 $125,000 -83.0% 0.2%
South State Bank $215,000 $125,000 -41.9% 0.2%
ANGEL OAK MORTGAGE SOLUTIONS LLC $115,000 n/a 0.2%
VILLAGE CAPITAL MORTGAGE $135,000 $115,000 -14.8% 0.2%
PrimeSouth Bank $85,000 $110,000 29.4% 0.2%
First National Bank of America $105,000 n/a 0.2%
MORTGAGE INVESTORS GROUP, INC. $725,000 $105,000 -85.5% 0.2%
PENNYMAC LOAN SERVICES, LLC $315,000 $105,000 -66.7% 0.2%
CMG MORTGAGE, INC. $100,000 n/a 0.2%
Figure Lending LLC $45,000 $100,000 122.2% 0.2%
FIRST NATIONAL BANK OF COFFEE COUNTY $95,000 n/a 0.2%
LOANPAL, LLC $85,000 n/a 0.2%
RELIANCE FIRST CAPITAL, LLC $85,000 n/a 0.2%
PRIMARY RESIDENTIAL MORTGAGE, INC. $65,000 n/a 0.1%
ROYAL UNITED MORTGAGE LLC $85,000 $65,000 -23.5% 0.1%
Fifth Third Bank $60,000 n/a 0.1%
Flagstar Bank, FSB $125,000 $55,000 -56.0% 0.1%
Bank of America $35,000 n/a 0.1%

Fitzgerald's top lender by overall market share is Merchants Bank of Indiana, with 57.1% market share. In second place, with 5.6%, is HOMESTAR FINANCIAL CORPORATION, having originated $2,850,000 in loans. In third place, with 4.9%, is QUICKEN LOANS, LLC, having originated $2,460,000 in loans. In fourth place, with 4.7%, is LIMA ONE CAPITAL, LLC, having originated $2,375,000 in loans. In fifth place, with 2.6%, is BANKSOUTH MORTGAGE COMPANY, LLC, having originated $1,295,000 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 $119,386 (32.7%) $133,696 (5.3%) 0.00 61
2019-04-01 $119,900 (23.5%) $133,504 (6.5%) 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 $97,305 (-2.3%) $114,334 (-9.2%) 0.00 59
2019-09-01 $98,511 (-1.0%) $115,227 (-10.1%) 0.00 61
2019-10-01 $99,091 (-0.4%) $117,950 (-5.7%) 0.00 63
2019-11-01 $96,000 (-7.5%) $122,247 (-5.3%) 0.00 56
2019-12-01 $98,000 (0.8%) $130,967 (-1.3%) 0.00 57
2020-01-01 $92,900 (-12.2%) $125,892 (-4.8%) 0.00 60
2020-02-01 $89,900 (-22.7%) $127,930 (-5.1%) 0.00 59
2020-03-01 $95,500 (-20.0%) $138,514 (3.6%) 0.00 50
2020-04-01 $103,250 (-13.9%) $141,395 (5.9%) 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 (-4.9%) $144,098 (26.0%) 0.00 31
2020-09-01 $99,100 (0.6%) $161,925 (40.5%) 0.00 28
2020-10-01 $112,400 (13.4%) $161,594 (37.0%) 0.00 23
2020-11-01 $119,900 (24.9%) $167,264 (36.8%) 0.00 28
2020-12-01 $111,150 (13.4%) $139,529 (6.5%) 0.00 26
2021-01-01 $119,900 (29.1%) $152,038 (20.8%) 0.00 20
2021-02-01 $119,925 (33.4%) $157,117 (22.8%) 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
2023-05-01 $174,225 (20.9%) $215,311 (1.4%) 0.00 27
2023-06-01 $168,000 (18.0%) $207,760 (2.5%) 0.00 20
2023-07-01 $169,450 (14.3%) $211,270 (2.5%) 0.00 18
2023-08-01 $165,700 (26.9%) $197,389 (10.6%) 0.00 22
2023-09-01 $154,500 (3.9%) $175,115 (-0.5%) 0.00 24
2023-10-01 $159,450 (0.3%) $175,508 (2.1%) 0.00 27
2023-11-01 $189,850 (19.0%) $239,286 (28.2%) 0.00 27
2023-12-01 $192,200 (37.3%) $269,028 (91.4%) 0.00 27
2024-01-01 $202,923 (45.1%) $271,866 (83.2%) 0.00 29
2024-02-01 $182,450 (12.4%) $243,907 (30.6%) 0.00 33
2024-03-01 $189,900 (14.4%) $258,600 (36.3%) 0.00 30
2024-04-01 $194,200 (5.5%) $241,138 (17.9%) 0.00 32
2024-05-01 $208,675 (19.8%) $266,832 (23.9%) 0.00 27
2024-06-01 $201,750 (20.1%) $265,669 (27.9%) 0.00 33
2024-07-01 $201,750 (19.1%) $260,479 (23.3%) 0.00 31
2024-08-01 $199,945 (20.7%) $261,343 (32.4%) 0.00 32
2024-09-01 $199,470 (29.1%) $253,034 (44.5%) 0.00 37
Fitzgerald's median listing price for 2024-09-01 was $199,470, a difference of $44,970 (29.1%) versus the prior year and $-475 versus the prior month.

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

Fitzgerald's average listing price for 2024-09-01 was $253,034, a difference of $77,919 (44.5%) versus the prior year and $-8,309 versus the prior month.

For the 2024-09-01 period, Fitzgerald had 37 MLS listings, a difference of 5 listings (16%) versus the prior month and 13 listings (54%) 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 1,798 sqft
2019-04-01 0 days 1,798 sqft
2019-05-01 0 days 1,855 sqft
2019-06-01 0 days 1,849 sqft
2019-07-01 0 days 1,853 sqft
2019-08-01 0 days 1,786 sqft
2019-09-01 0 days 1,699 sqft
2019-10-01 0 days 1,681 sqft
2019-11-01 0 days 1,712 sqft
2019-12-01 0 days 1,797 sqft
2020-01-01 0 days 1,756 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
2023-05-01 0 days 1,825 sqft
2023-06-01 0 days 1,984 sqft
2023-07-01 0 days 2,359 sqft
2023-08-01 0 days 1,905 sqft
2023-09-01 0 days 1,778 sqft
2023-10-01 0 days 1,772 sqft
2023-11-01 0 days 1,928 sqft
2023-12-01 0 days 1,962 sqft
2024-01-01 0 days 1,883 sqft
2024-02-01 0 days 1,662 sqft
2024-03-01 0 days 1,592 sqft
2024-04-01 0 days 1,626 sqft
2024-05-01 0 days 1,659 sqft
2024-06-01 0 days 1,760 sqft
2024-07-01 0 days 1,780 sqft
2024-08-01 0 days 1,824 sqft
2024-09-01 0 days 1,805 sqft
Fitzgerald's median listing age (time on market) for 2024-09-01 was 0 days.

Fitzgerald's median square footage for active listings during the 2024-09-01 period was 1,805 sqft. One year prior, the average listing was 1,778 sqft.

Fitzgerald, GA Market Loan Reason

Loan Purpose Originations Total Value Average Loan
Home Purchase 91 $16,345,000 $179,615
Refi 27 $30,045,000 $1,112,778
Cash Out Refi 23 $3,375,000 $146,739
Home Improvement 8 $540,000 $67,500
Other 3 $225,000 $75,000

Fitzgerald's most frequently cited loan purpose was Home Purchase, with 91 originations. The 2nd most popular reason was Refi, with 27 originations.

Interest Rate Frequencies

Loan Rate Originations Total Value Average Loan
6-7% 54 $8,240,000 $152,593
Over 8% 35 $33,075,000 $945,000
7-8% 31 $4,635,000 $149,516
5-6% 21 $3,905,000 $185,952
<2.5% 2 $30,000 $15,000

During 2023, Fitzgerald's most frequently originated rate bucket was 6-7%, with 54 originations.

Loan Sizing (Fitzgerald, GA MSA)

Loan Size Originations Total Value Average Loan
$100,000 or less 60 $3,240,000 $54,000
$100k-200k 60 $8,230,000 $137,167
$200k-400k 27 $6,995,000 $259,074
$Over $1MM 3 $31,225,000 $10,408,333
$400k-600k 2 $840,000 $420,000

Fitzgerald's loan sizing saw the bucket of loans from $100,000 or less with 60 originations, totaling $3,240,000 in origination value.

LTV Distribution

Loan to Value Originations Total Value Average Loan
80-100% 70 $11,810,000 $168,714
60-80% 28 $3,850,000 $137,500
40-60% 18 $20,490,000 $1,138,333
20-40% 14 $12,960,000 $925,714
Under 20% 12 $330,000 $27,500
Over 100% 2 $460,000 $230,000

Fitzgerald's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 70 originations, totaling $11,810,000 in origination value.