Mortgage Loans in Philadelphia, PA

Today’s Fed Funds Effective Rate is 4.25%, which is lower than 30 days ago at 4.50%. When the Fed Funds rate changes, it can influence mortgage rates because lenders often adjust their rates based on the cost of borrowing money.

Affinity offers a 15-year conventional fixed rate at 5.125% and a 30-year conventional fixed rate at 5.75%, both unchanged from last week but down 63 bp from a month ago. FHA fixed rates for 3-, 5-, and 7-year terms are steady today at 4.375%, 4.5%, and 4.75%, each down 100 bp from 30 days ago.

Navy Federal Credit Union offers a 15-year conventional fixed rate at 4.875%, down 13 bp from a week ago. Their 30-year conventional fixed rate is 5.625%, also down 13 bp over the past week. The 15-year conventional refinance rate is 4.875%, down 13 bp, while the 30-year conventional refinance rate is 5.625%, down 13 bp from last week. The 30-year VA fixed rate stands at 5.375%, unchanged from a week ago but up 13 bp from 15 days prior. The 30-year jumbo fixed rate is 5.875%, down 13 bp in the past week. FHA 3-year and 5-year ARM rates are 5.0% and 5.25%, respectively, with a 13 bp drop over 30 days. First Commonwealth offers a 15-year conventional fixed rate at 5.125%, down 38 bp from 30 days ago. Their 30-year conventional fixed rate is steady today at 5.625%. The 30-year FHA fixed rate is 6.0%, down 25 bp from a month ago.

Affinity Plus offers a 30-year Conventional Fixed at 6.0% and a 15-year Conventional Fixed at 5.5%, with the 15-year rate up 25 bp over the past week. The 30-year Conventional Fixed and Jumbo Fixed rates are both at 6.0%, with the 30-year rate down 38 bp from a month ago. Adjustable 5-year and 7-year ARMs are at 4.875% and 5.125%, respectively, each down 25 bp over the last 30 days. Digital offers a 15-year conventional fixed rate at 5.375%, unchanged from last week but up 25 bp from a month ago. Their 30-year conventional fixed and 30-year conventional refinance rates are both at 6.0%, down 13 bp from a week ago. The 15-year conventional refinance rate is 5.25%, down 13 bp from last week but up 13 bp from a month ago. The 30-year jumbo fixed is also at 6.0%.

Delta Community offers a 15-year conventional fixed rate today at 5.0%, down 13 bp from last week and 50 bp from last month. Their 30-year conventional fixed rate is 5.5%, also down 13 bp from last week and 25 bp from last month. The 15-year conventional refinance rate matches the purchase rate at 5.0%, and the 30-year conventional refinance rate is 5.5%. Jumbo 30-year fixed loans are priced today at 5.625%, down 13 bp from last week and 38 bp from last month.

Citadel has a 15-year Conventional Fixed rate today at 5.25%, unchanged from a week ago but up 25 bp from a month ago. Their 30-year Conventional Fixed rate is 6.0%, down 13 bp from last week. The 15-year Conventional Refinance rate is steady at 5.25%, while the 30-year Conventional Refinance rate is 6.0%, down 13 bp from seven days ago. Adjustable rates include a 7-year ARM at 5.625%, down 13 bp from last week, and a 10-year ARM at 5.75%, also down 13 bp over the same period. Franklin Mint offers a 15-year conventional fixed rate at 5.25%, down 13 bp from a week ago, and a 30-year conventional fixed rate at 6.125%, up 13 bp over the past 15 days. Their 15-year adjustable rate is at 5.625%, up 13 bp from two weeks ago but down 25 bp from a month ago.

Connexus offers a 15-year conventional fixed rate at 5.25% and a 30-year conventional fixed rate at 5.875% today. The 15-year conventional fixed rate is unchanged from last week, while the 30-year conventional fixed rate is steady as well. For conventional 15-year and 30-year refinances, rates are 5.75% and 6.375%, respectively, with the 15-year refinance down 13 bp from last week. Adjustable rates include a 3-year ARM at 5.25%, down 50 bp from last week, and a 5-year ARM at 5.75%, down 49 bp. Polish & Slavic offers a 15-year fixed rate today at 5.625%, up 13 bp from two weeks ago. The 30-year fixed rate remains steady at 6.125%. The 15-year adjustable rate is not listed.