See current Pennsylvania Refinance fixed rates (30 Year, 20, 15, 10, FHA, VA and Jumbo), variable rates (10 year, 7, 5, 3), Cash Out rates, plus comparisons with national averages and lender types. Refinancing in Pennsylvania can help lower your monthly payment, shorten your loan term, or tap into equity with a cash-out refinance.
Pennsylvania Refinance Rates –
Find community reported rates by Pennsylvania homeowners (rates are average APR).
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 7.65% | 7.70% | 7.75% | |
| Pennsylvania | 7.52% | 7.57% | 7.62% | |
| Credit Unions | 7.12% | 7.17% | 7.32% | 8.4/10 |
| Online lenders | 7.22% | 7.27% | 7.42% | 8.2/10 |
| Banks | 7.52% | 7.57% | 7.62% | 8.4/10 |
| 30 year fixed | 7.52% | 7.57% | 7.62% | |
| 30 year fixed FHA | 6.23% | 6.28% | 6.33% | |
| 30 year fixed VA | 6.98% | 7.03% | 7.08% | |
| 30 year fixed Jumbo | 7.63% | 7.87% | 8.06% | |
| 20 year fixed | 7.48% | 7.53% | 7.58% | |
| 15 year fixed | 6.73% | 6.78% | 6.83% | |
| 10 year fixed | 6.15% | 6.20% | 6.25% | |
| 3 year ARM | 7.32% | 7.37% | 7.42% | |
| 5 year ARM | 7.13% | 7.18% | 7.23% | |
| 7 year ARM | 6.77% | 6.82% | 6.87% | |
| 10 year ARM | 7.39% | 7.44% | 7.49% | |
| Satisfaction | 8.9/10 | 8.4/10 | 7.8/10 |
Source: MFP’s Community Home Refinance Rates Survey of Pennsylvania homeowner in the last 30 days.
Cash Out Refinance Rates in Pennsylvania –
Find community reported refinance cash-out rates by Pennsylvania homeowners (rates are average APR).
| Credit Score | |||
|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | |
| Nationally | 7.77% | 7.90% | 8.02% |
| Pennsylvania | 7.64% | 7.77% | 7.89% |
| Credit Unions | 7.24% | 7.37% | 7.59% |
| Online lenders | 7.34% | 7.47% | 7.69% |
| Banks | 7.64% | 7.77% | 7.89% |
| 30 year fixed | 7.64% | 7.77% | 7.89% |
| 30 year fixed FHA | 6.35% | 6.48% | 6.60% |
| 30 year fixed VA | 7.11% | 7.23% | 7.36% |
| 30 year fixed Jumbo | 7.75% | 7.88% | 8.00% |
| 20 year fixed | 7.61% | 7.73% | 7.86% |
| 15 year fixed | 6.85% | 6.98% | 7.10% |
| 10 year fixed | 6.28% | 6.40% | 6.53% |
| 3 year ARM | 7.45% | 7.57% | 7.70% |
| 5 year ARM | 7.26% | 7.38% | 7.51% |
| 7 year ARM | 6.89% | 7.02% | 7.14% |
| 10 year ARM | 7.52% | 7.64% | 7.77% |
Source: MFP’s Community Home Refinance Rates Survey of Pennsylvania members in the last 30 days.
How Pennsylvania Compares to National Averages
- Pennsylvania refinance rates (7.52% for best credit scores) are slightly below national averages (national average: 7.65%).
- Credit unions are more competitive: In Pennsylvania, credit unions offer 7.37%, banks 7.62%, online lenders 7.47%.
- Borrower satisfaction: Credit unions 8.7/10, Online lenders 8.4/10, Banks 8.1/10.
Refinance Options in Pennsylvania
- 30-year Fixed: At 7.52% APR for excellent credit, Pennsylvania's most popular choice for stable long-term payments with predictable monthly costs
- 30-year Fixed FHA: At 6.23% APR for excellent credit, government-backed programs with competitive terms and flexible qualification requirements
- 30-year Fixed VA: At 6.98% APR for excellent credit, exclusive to eligible veterans and military members, featuring Pennsylvania's most competitive rates
- 30-year Fixed Jumbo: At 7.63% APR for excellent credit, for high-value homes with competitive jumbo mortgage terms
- 20-year Fixed: At 7.48% APR for excellent credit, a balanced option between shorter and longer terms with moderate payments
- 15-year Fixed: At 6.73% APR for excellent credit, lower interest rates but higher monthly payments, ideal for building equity faster
- 10-year Fixed: At 6.15% APR for excellent credit, the shortest fixed-term option with competitive rates for rapid equity building
- Adjustable-rate mortgages (ARMs): Various terms including 3-year (7.32% APR), 5-year (7.13% APR), 7-year (6.77% APR), and 10-year (7.39% APR) options that start lower but may adjust upward after initial fixed period
Metro Area Rates
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Philadelphia | 6.56% | 5.89% |
| Pittsburgh | 6.55% | 5.89% |
| Allentown–Bethlehem | 6.55% | 5.88% |
| Harrisburg | 6.55% | 5.87% |
| Lancaster | 6.54% | 5.86% |
* APR Rates shown are for borrowers with the best credit scores. Click the city name to see community recommended lenders and ratings
Compare Lenders Rated by Pennsylvania Homeowners
Pennsylvania homeowners rate refinance lenders based on application ease, rates & terms, customer support, and overall recommendation %. Credit unions earn the highest satisfaction (8.9/10), followed by online lenders (8.6/10), with banks trailing slightly behind.
See the Pennsylvania Best Mortgage Refinance Lenders
FAQs – Pennsylvania Refinance Rates
Are refinance rates lower in Pennsylvania than the U.S. average?
Yes, Pennsylvania’s average refinance rates are slightly below U.S. averages across most credit score ranges.
What refinance option is best in Pennsylvania?
It depends on your goal. For long-term stability, the 30-year fixed is most common. For faster payoff, the 15-year fixed (5.88%) is attractive. Veterans can secure one of the lowest options with VA refinancing at 6.18%.
Do credit unions really offer better refinance rates in Pennsylvania?
Yes, credit unions consistently lead with the lowest refinance rates and the highest borrower satisfaction (8.9/10), making them a strong option for many homeowners.
More Info for Pennsylvania Homeowners:
Calculators & Tools
Home Equity Loan Calculator: See what you can borrow and what the draw period looks like.
HELOC Calculator: Estimate monthly payments on a fixed equity loan.
Loans Comparison Calculator: Compare Cost of Heloc, Cash-Out, Home Equity, Renovation Loan
Lenders & Loan Programs
Pennsylvania Best Refinance Lenders: from Community Recommendations Survey
Documents: Documents needed to refinance.
Pennsylvania Home Equity Loan & Pennsylvania HELOC Rates
Insurance & Homeowner Resources
Pennsylvania Best Home Insurance: from Community recommendations & Local Costs