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| Or search local mortgage rates on our rate tables. |
| Institution | Payments | Rates | Apr | Points | Fees | Last Update | Phone | |
| AimLoan.com – A Direct Lender | $1122.61 | 3.500% | 3.703% | 1.697% | $1950.00 | 10/07/2011 |
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| AimLoan.com – A Direct Lender | $1157.79 | 3.750% | 3.814% | 0.000% | $1950.00 | 10/07/2011 |
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| AimLoan.com – A Direct Lender | $1140.13 | 3.625% | 3.754% | 0.789% | $1950.00 | 10/07/2011 |
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Current Mortgage Rates
Low Pennsylvania Mortgage Rates are giving residents of Philadelphia, Pittsburgh and other cities the ability to purchase their own homes. The mortgage rates trends in the state indicate that both variable and fixed rate mortgages are lower compared to this time a year ago.
Homes across the Keystone State have an average list price of $179,900. However, homes in Philadelphia have an average list price of $224,900. A 5/1 ARM is offered in the City of Brotherly Love with rates of 2.72 to 3.30 percent APR.
Pittsburgh, the home of the Steelers, has a 5/1 ARM with the same rates. In comparison, the national average for this type of variable mortgage is 3.05 percent. Homes in the Pittsburgh metropolitan area have an average list price of $138,500.
Allentown benefits from Pennsylvania Mortgage Rates, too. The 7/1 ARM is offered with rates of 2.93 to 3.44 percent APR. Like Philadelphia, the 5/1 ARM is available here with a starting rate of 2.72 percent. Homes in Allentown have recently seen an average list price of $189,900.
The buyers in Erie should take note of the state’s mortgage rates trends as well. A 30-year fixed mortgage in the Erie area has rates of 3.80 to 4.41 percent APR. The list price of homes here has declined since last year, averaging $126,500.
Harrisburg, the state capital, has a higher average list price of $165,900 for its homes. A 30-year fixed mortgage has rates of 3.85 to 4.68 percent APR here. The same rates apply to Lebanon, which is nearby.
Those seeking homes in York should note that the average list price of homes is $165,000. A 30-year fixed mortgage can range from 3.80 to 4.41 percent APR in the York area, while the national average is 4.02 percent.
Like Harrisburg, State College has a 30-year fixed mortgage that starts out at 3.85 percent. A 15-year fixed mortgage with rates of 3.25 to 4.02 percent APR is offered, too. State College’s homes tend to have an average list price of $220,000.
Scranton shares the same rates for its 15-year fixed mortgages. Homes in the Scranton area have an average list price of $139,900, which is a slight increase compared to one year prior.
Buyers in the state capital, Pittsburgh and elsewhere are following the mortgage rates trends closely. It is easier than ever to select variable and fixed mortgages thanks to Pennsylvania Mortgage Rates.
