See the latest Pennsylvania mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in Pennsylvania could be easier with today’s mortgage rates.
Pennsylvania Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Pennsylvania, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.41% | 6.46% | 6.51% | |
| Pennsylvania | 6.56% | 6.61% | 6.66% | |
| Credit Unions | 6.16% | 6.21% | 6.36% | 8.5/10 |
| Online lenders | 6.26% | 6.31% | 6.46% | 7.8/10 |
| Banks | 6.56% | 6.61% | 6.66% | 7.5/10 |
| 30 year fixed | 6.56% | 6.61% | 6.66% | |
| 30 year fixed FHA | 6.10% | 6.15% | 6.20% | |
| 30 year fixed VA | 5.99% | 6.04% | 6.09% | |
| 30 year fixed Jumbo | 6.79% | 7.17% | 7.36% | |
| 20 year fixed | 6.00% | 6.05% | 6.10% | |
| 15 year fixed | 5.94% | 5.99% | 6.04% | |
| 10 year fixed | 5.77% | 5.82% | 5.87% | |
| 3 year ARM | 7.20% | 7.25% | 7.30% | |
| 5 year ARM | 6.40% | 6.45% | 6.50% | |
| 7 year ARM | 6.27% | 6.32% | 6.37% | |
| 10 year ARM | 6.58% | 6.63% | 6.68% | |
| Satisfaction | 8.9/10 | 8.2/10 | 7.5/10 |
Source: MFP’s Community Home Purchase Rates Survey from Pennsylvania members in the last 30 days.
How Pennsylvania Compares to National Averages
- Pennsylvania mortgage rates (6.56% for best credit scores) are slightly above national averages (national average: 6.41%).
- Credit unions are more competitive: In Pennsylvania, credit unions offer 6.16%, banks 6.56%, online lenders 6.26%.
Mortgage Options in Pennsylvania
- 30 year fixed: 6.56% - most popular long-term option for predictable payments
- 20 year fixed: 6.00% - balance between payment size and interest savings
- 15 year fixed: 5.94% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.77% - shortest fixed-term option with competitive rates
- 10 year variable: 7.20% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.40% - A mid-term variable option...
- 5 year variable: 6.27% - Shorter-term variable mortgage...
- 3 year variable: 6.58% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Pennsylvania Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Philadelphia | 6.33% | 5.77% |
| Pittsburgh | 6.30% | 5.74% |
| Allentown | 6.31% | 5.75% |
| Harrisburg | 6.29% | 5.73% |
| Scranton | 6.30% | 5.74% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Pennsylvania Homeowners
Pennsylvania homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Pennsylvania
FAQs – Pennsylvania Mortgage Rates
Are home purchase rates higher in Pennsylvania than the U.S. average?
No, Pennsylvania rates are typically slightly below the national average, providing favorable conditions for homebuyers in the state.
What credit score is best for buying a home in Pennsylvania?
A credit score of 720 or higher will generally secure the most competitive mortgage rates available from Pennsylvania lenders.
Is it better to choose a fixed-rate or ARM in Pennsylvania?
Fixed-rate mortgages offer payment stability for long-term residents, while ARMs may benefit those planning to move or refinance within a few years.
More Pennsylvania Home Information:
Pennsylvania Best Mortgage Lenders
Pennsylvania Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Pennsylvania Homeowners.