Mortgage rates
Current mortgage rates · week of June 11, 2026
| Week | 30-yr / 15-yr fixed |
| June 11, 2026 | 6.52% / 5.84% |
| June 4, 2026 | 6.48% / 5.79% |
| May 28, 2026 | 6.53% / 5.87% |
| May 21, 2026 | 6.51% / 5.85% |
| May 14, 2026 | 6.36% / 5.71% |
| May 7, 2026 | 6.37% / 5.72% |
| April 30, 2026 | 6.30% / 5.64% |
| April 23, 2026 | 6.23% / 5.58% |
U.S. weekly averages — Freddie Mac Primary Mortgage Market Survey via FRED.
Georgia Mortgage Overview
Georgia is the peach state, yet many people know it for its pecans and onions too. Georgia is one of the safest states to live in and is laid back and a peaceful place to live. The average home is just $375,000 in Georgia and 63 percent of homes are owner-occupied.
With mild winters and gorgeous summers, it's easy to see why many people would want to live in Georgia. If you're thinking of buying a home there, here are the most popular loan options:
Georgia conventional loans
Good credit borrowers have many loan options including the conventional loan. With a 660+ credit score and average debt-to-income ratio, borrowers can secure low interest rates and favorable terms. Conventional loans are available in terms of 15 years - 30 years in fixed and variable rates.
Georgia FHA loans
Borrowers without 'perfect' credit often turn to the FHA loan. It has more flexible guidelines yet just as favorable interest rates and terms. FHA loans require just 3.5 percent down and allows credit scores as low as 580. Georgia borrowers enjoy the low down payment options, allowing them to buy a home sooner than they thought possible.
Georgia VA loans
Veterans who served or are serving our country deserve a great loan program, and the VA provides it. This 100 percent loan program doesn't require a down payment and sometimes allows credit scores as low as 620. With flexible debt ratio guidelines, it's easy to see why borrowers love the VA loan.
Georgia USDA loans
If slow, country living is up your alley, the USDA loan may be a good option. You must not make over 115 percent of the area's median income to be eligible. If you're eligible, you may borrow up to 100 percent of the home's purchase price with just a 640+ credit score and decent debt ratios.
First-Time Homebuyer Programs in Georgia
Georgia Dream Loans
Low to moderate-income families may qualify for the Georgia Dream Loan program which offers lower interest rates, more favorable terms, and down payment assistance.
There is an income limit for Georgia Dream loans that varies by county. Borrowers must also have $20,000 or less in liquid assets to qualify. All borrowers must contribute at least $1,000 of their own funds for the purchase. If you get down payment assistance, it's a second mortgage, but with no interest or payments due. When you sell the home or refinance the loan, you must pay it off with your home's equity.