»
»
Bensalem

Current Mortgage Rates in Bensalem, Pennsylvania

Compare mortgage rates and fees for leading lenders in Bensalem, PA. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Bensalem.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Bensalem. Plus, shopping lenders is free and there is no obligation.

%
Mortgage Rates in Bensalem, PA as of August 18, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact

%
Get Personalized Mortgage Quotes for Bensalem, PA

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Bensalem, PA Mortgage Rates Compare?

August 18, 2019

The current average rate for a 30 year fixed rate mortgage in Bensalem is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Bensalem, PA Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.600%
15 Year Fixed Rate
B.BBB%
3.050%
5/1 Adjustable Rate Mortgage
C.CCC%
3.360%

How Affordable is Housing in Bensalem, Pennsylvania?

The median home value for Bensalem, PA (Bucks County) is $341,402

The median household income for Bensalem, PA (Bucks County) is $84,539

Based on current mortgage rates and a 10% down payment, you need to make $63,341 per year to buy the median priced home in Bensalem

The home price you can afford to by based on household income in Bensalem is 133% of the median home value which means housing prices are average

Bensalem (Bucks County) ranks 65 out of 67 counties in Pennsylvania and 2,755 out of 3,142 counties in the United States for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the housing market in Bensalem, PA is average

orange-simple-house
ruler

Loan Limits for Bensalem, Pennsylvania

Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bensalem (Bucks County) below.

Conforming loan limits for Bensalem, PA

1 unit: $484,350
2 units: $620,200
3 units: $749,650
4 units: $931,600

FHA loan limits for Bensalem, PA

1 unit: $402,500
2 units: $515,250
3 units: $622,850
4 units: $774,050

VA loan limits for Bensalem, PA

1 unit: $484,350

Additional Mortgage Resources for Bensalem, PA Residents

Mortgage Rates for Pennsylvania Cities

Allentown Mortgage Rates

Altoona Mortgage Rates

Beaver Mortgage Rates

Bensalem Mortgage Rates

Bethlehem Mortgage Rates

Butler Mortgage Rates

Carlisle Mortgage Rates

Chambersburg Mortgage Rates

East Stroudsburg Mortgage Rates

Erie Mortgage Rates

Gettysburg Mortgage Rates

Harrisburg Mortgage Rates

Johnstown Mortgage Rates

Lancaster Mortgage Rates

Lebanon Mortgage Rates

Lower Merion Mortgage Rates

Mercer Mortgage Rates

Philadelphia Mortgage Rates

Pittsburgh Mortgage Rates

Pottsville Mortgage Rates

Reading Mortgage Rates

Scranton Mortgage Rates

State College Mortgage Rates

Uniontown Mortgage Rates

Upper Darby Mortgage Rates

Washington Mortgage Rates

West Chester Mortgage Rates

Westmoreland Mortgage Rates

Wilkes Barre Mortgage Rates

Williamsport Mortgage Rates

York Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx

FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm

VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp

FREEandCLEAR Housing Affordability Index