Home Mortgage Rates

Call PFFCU at 215-931-0300 or 800-228-8801 and ask to speak to our Mortgage Advisors, who will offer personalized service and a commitment to finding the right mortgage for you.

Banks, Auto Dealers, and Mortgage Brokers negotiate rates. Why doesn’t PFFCU?



Mortgage Rates for Saturday, November 22, 2014

Conforming Fannie Mae
Mortgage Product
PointsInterest RateAPR
5/30 ARM0%3.25%3.475%
7/30 ARM0%3.50%3.563%
30-Year Fixed Rate0%4.00%4.064%
20-Year Fixed Rate0%3.75%3.838%
15-Year Fixed Rate0%3.25%3.362%
10-Year Fixed Rate0%3.25%3.412%

PFFCU EXPRESS
Refi Mortgage
PointsInterest RateAPR
5/30 ARM0%3.50%3.581%
7/30 ARM0%3.75%3.699%
15-Year Fixed Rate0%3.50%3.645%
10-Year Fixed Rate0%3.50%3.709%

The rates above reflect the lowest available rates. The rate you receive may be higher based on your credit score, mortgage loan-to-value ratio or other loan factors.

Rates are based on loans up to $417,000. For rates on loans exceeding $417,000 (Jumbo loans) please call PFFCU at 215-931-0300 or 800-228-8801 and ask to speak to a Mortgage Advisor to discuss your applicable rate.

You can reduce your rate by paying point(s). One point is equal to 1% of the mortgage loan amount.

A satisfaction fee is charged by the county government when a loan is paid off. PFFCU will collect that fee from you at the closing of your loan.


What is “Rate Lock-In”?

When the interest rate on a mortgage loan is “Locked- In,” that loan rate is guaranteed for a specified period of time, which is indicated on the Rate Lock Confirmation you receive. There is a good faith deposit that you must make to lock in your rate, which may be refunded when your loan closes.

For 10 year and 15 year fixed rate mortgages and all Adjustable Rate Mortgages (ARMs):
If you choose to lock in your rate, on the fourth (4th) business day before your scheduled closing date, PFFCU will compare that day’s interest rate for your loan with the rate you locked in. The interest rate for your loan will be the lower of those two rates! At closing, your good faith deposit will be returned to you.

For 20 year and 30 year Fixed Rate Mortgages:
If you choose to lock in your rate, you will receive the locked in rate at closing. Your rate will not be lowered if the interest rate for your loan is lower than your locked-in rate on the fourth (4th) business day before closing. Your good faith deposit will be returned if your loan closes at the locked in rate. If you choose to close at the lower rate, your good faith deposit will not be returned.

For all loans: If your loan does not close on the scheduled closing date, and/or your rate lock expires, your rate will be subject to change, and you may not have your good faith deposit returned.

Please call one of our Mortgage Advisors at 267-332-3400 for important conditions and additional information.