Pennsylvania Mortgage and Refinance Rates

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Current Pennsylvania Mortgage Rates

Average market rates for July 25, 2024 in Pennsylvania are 6.85% for 30-year fixed purchase and 6.94% for 30-year fixed refinance

ProductRateAPR
30-year Fixed Purchase6.85%6.88%
30-year Fixed Refinance6.94%6.97%
Rates based on market averages as of Jul 25, 2024.
ProductRateAPR
30-year Fixed Purchase6.85%6.88%
30-year Fixed Refinance6.94%6.97%
Rates based on market averages as of Jul 25, 2024.

Pennsylvania Purchase Rates

ProductRateAPR
15-year Fixed Purchase5.96%6.01%
15-year Fixed Jumbo Purchase6.36%6.38%
30-year Fixed Purchase6.85%6.88%
30-year Fixed Jumbo Purchase7.28%7.31%
Rates based on market averages as of Jul 25, 2024.

Pennsylvania Refinance Rates

ProductRateAPR
15-year Fixed Refinance5.96%6.01%
15-year Fixed Jumbo Refinance6.37%6.39%
30-year Fixed Refinance6.94%6.97%
30-year Fixed Jumbo Refinance7.29%7.31%
Rates based on market averages as of Jul 25, 2024.

Pennsylvania ARM Rates

ProductRateAPR
5/6 Arm (purchase)7.08%7.12%
5/6 Arm (refinance)7.20%7.24%
5/6 Jumbo Arm (purchase)6.41%6.42%
5/6 Jumbo Arm (refinance)6.43%6.44%
Rates based on market averages as of Jul 25, 2024.

How we source rates and rate trends

Most Common Mortgage Types in Pennsylvania

  • Conventional: 103,100 loans
  • FHA: 20,730 loans
  • USDA: 1,931 loans
  • VA: 6,941 loans

Top Purchase Lenders in Pennsylvania by Volume

  • Rocket Mortgage, LLC: 6,226 loans
  • Crosscountry Mortgage, LLC: 5,764 loans
  • Citizens Bank: 4,548 loans
  • Movement Mortgage, LLC: 3,298 loans
  • Guaranteed Rate, Inc.: 3,060 loans
  • Prosperity Home Mortgage, LLC: 2,805 loans
  • Guild Mortgage Company LLC: 2,569 loans
  • PNC Bank: 2,368 loans
  • Wells Fargo Bank: 2,329 loans
  • Mortgage Research Center, LLC: 2,251 loans

Top Refinance Lenders in Pennsylvania by Volume

  • PNC Bank: 5,578 loans
  • Citizens Bank: 5,111 loans
  • First National Bank Of Pennsylvania: 2,642 loans
  • First Commonwealth Bank: 2,211 loans
  • Rocket Mortgage, LLC: 1,787 loans
  • Dollar Bank, Federal Savings Bank: 1,525 loans
  • Members 1st Federal Credit Union: 1,391 loans
  • Wells Fargo Bank: 1,121 loans
  • Manufacturers And Traders Trust Company: 985 loans
  • Truist Bank: 920 loans

Top Cash-Out Refinance Lenders in Pennsylvania by Volume

  • Rocket Mortgage, LLC: 8,180 loans
  • Police & Fire: 2,994 loans
  • Wells Fargo Bank: 1,880 loans
  • Nationstar Mortgage LLC: 1,632 loans
  • Loandepot.com, LLC: 1,624 loans
  • Freedom Mortgage Corporation: 1,111 loans
  • Pennymac Loan Services, LLC: 959 loans
  • Northwest Bank: 866 loans
  • Citizens Bank: 864 loans
  • Newrez LLC: 752 loans

How we source lender data

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