Philadelphia - Camden - Wilmington Mortgage Rates & Closing Costs
30 Year Fixed Rate mortgages in Philadelphia - Camden - Wilmington averaged
6.45%
for the week of 2023-06-01, compared to the national average of
6.79% for the same period.
The average rate for the prior week (2023-05-25) was
6.13% and
one month ago for the week of 2023-04-27, the
average rate was 5.99%.
Philadelphia - Camden - Wilmington's average rate one year ago was 4.66%.
For refis of the same type during the week of 2023-06-01, the average rate
was 6.14%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2023-06-01 | 6.79% |
| Philadelphia - Camden - Wilmington 30 Year Fixed Rate | 2023-06-01 | 6.45% |
| Philadelphia - Camden - Wilmington 30 Year Fixed Rate Refi | 2023-06-01 | 6.14% |
| Philadelphia - Camden - Wilmington 15 Year Fixed Rate | 2023-06-01 | 5.58% |
| Philadelphia - Camden - Wilmington 15 Year Fixed Rate Refi | 2023-06-01 | 5.29% |
| Philadelphia - Camden - Wilmington 30 Year FHA | 2023-06-01 | -0.22% |
| Philadelphia - Camden - Wilmington 30 Year FHA Refi | 2023-06-01 | -1.75% |
| Philadelphia - Camden - Wilmington 30 Year USDA | 2023-06-01 | -1.07% |
| Philadelphia - Camden - Wilmington 30 Year USDA Refi | 2023-06-01 | -0.2% |
| Philadelphia - Camden - Wilmington 30 Year VA | 2023-06-01 | -0.63% |
| Philadelphia - Camden - Wilmington 30 Year VA Refi | 2023-06-01 | -2.14% |
Philadelphia - Camden - Wilmington Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Philadelphia - Camden - Wilmington Average Closing Costs & Other Stats
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD's 562 lenders originated 159,025
loans during 2022. The total origination value was $46,022,195,000, with an average loan value of
$289,402.
Philadelphia - Camden - Wilmington's average closing costs are $6,012.
The top Philadelphia - Camden - Wilmington lender as defined by loan originations is QUICKEN LOANS, LLC, with
4,348 loans originated. Their average total fees are
$7,403, which is $206
lower than the next largest lender,
CROSSCOUNTRY MORTGAGE, LLC.
The lowest fee Philadelphia - Camden - Wilmington lenders (with over 10 loans originated) are
Discover Bank ($0), CHERRY CREEK MORTGAGE, LLC ($1,390), DEL-ONE FEDERAL CREDIT UNION ($1,890), Third Federal Savings and Loan Association of Cleveland ($1,915) and PREMIA MORTGAGE, LLC ($2,323).
The lowest rate Philadelphia - Camden - Wilmington lenders (with over 10 loans originated) are
Santander Bank, N.A. (3.14%), Dover Federal Credit Union (3.31%), Investors Bank (3.34%), First Republic Bank (3.38%) and Goldman Sachs Bank USA (3.40%).
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD Mortgage Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2021 Loan Value | 2022 Loan Value | % Change | 2022 Market Share |
|---|---|---|---|---|
| Citizens Bank | $2,665,620,000 | $2,199,535,000 | -17.5% | 4.8% |
| QUICKEN LOANS, LLC | $4,866,130,000 | $2,019,445,000 | -58.5% | 4.4% |
| CROSSCOUNTRY MORTGAGE, LLC | $2,393,140,000 | $1,453,460,000 | -39.3% | 3.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $2,122,075,000 | $1,269,945,000 | -40.2% | 2.8% |
| PNC Bank | $1,169,950,000 | $1,125,340,000 | -3.8% | 2.4% |
| GUARANTEED RATE, INC. | $1,784,120,000 | $1,098,245,000 | -38.4% | 2.4% |
| Prosperity Home Mortgage, LLC | $1,627,880,000 | $1,054,990,000 | -35.2% | 2.3% |
| Wells Fargo Bank | $2,810,185,000 | $1,012,905,000 | -64.0% | 2.2% |
| Flagstar Bank, FSB | $217,650,000 | $999,250,000 | 359.1% | 2.2% |
| TD Bank | $956,525,000 | $907,620,000 | -5.1% | 2.0% |
| LOANDEPOT.COM, LLC | $2,118,675,000 | $739,545,000 | -65.1% | 1.6% |
| POLICE & FIRE | $1,532,500,000 | $723,850,000 | -52.8% | 1.6% |
| Bank of America | $1,080,325,000 | $706,440,000 | -34.6% | 1.5% |
| MOVEMENT MORTGAGE, LLC | $780,930,000 | $678,560,000 | -13.1% | 1.5% |
| Wilmington Savings Fund Society, FSB | $899,230,000 | $631,305,000 | -29.8% | 1.4% |
| Univest Bank and Trust Co. | $620,685,000 | $546,545,000 | -11.9% | 1.2% |
| JPMorgan Chase Bank | $1,107,240,000 | $524,420,000 | -52.6% | 1.1% |
| FINANCE OF AMERICA MORTGAGE LLC | $758,600,000 | $506,805,000 | -33.2% | 1.1% |
| NVR Mortgage Finance, Inc. | $519,525,000 | $502,585,000 | -3.3% | 1.1% |
| TRUMARK FINANCIAL CREDIT UNION | $596,770,000 | $468,915,000 | -21.4% | 1.0% |
| GREENTREE MORTGAGE COMPANY, L.P. | $859,090,000 | $438,135,000 | -49.0% | 1.0% |
| Signature Bank | $436,150,000 | n/a | 0.9% | |
| Meridian Bank Corporation | $670,895,000 | $425,060,000 | -36.6% | 0.9% |
| PENNYMAC LOAN SERVICES, LLC | $1,183,400,000 | $402,295,000 | -66.0% | 0.9% |
| Santander Bank, N.A. | $448,980,000 | $399,790,000 | -11.0% | 0.9% |
| NFM, INC. | $367,535,000 | $376,635,000 | 2.5% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $888,915,000 | $363,740,000 | -59.1% | 0.8% |
| Fulton Bank | $560,755,000 | $362,555,000 | -35.3% | 0.8% |
| AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC | $590,575,000 | $360,350,000 | -39.0% | 0.8% |
| CITADEL FEDERAL CREDIT UNION | $479,360,000 | $338,940,000 | -29.3% | 0.7% |
| Huntingdon Valley Bank | $543,945,000 | $331,635,000 | -39.0% | 0.7% |
| CALIBER HOME LOANS, INC. | $677,405,000 | $320,425,000 | -52.7% | 0.7% |
| ALLIED MORTGAGE GROUP, INC. | $621,785,000 | $302,305,000 | -51.4% | 0.7% |
| Parke Bank | $240,990,000 | $301,075,000 | 24.9% | 0.7% |
| PIKE CREEK MORTGAGE SERVICES, INC. | $538,280,000 | $298,255,000 | -44.6% | 0.6% |
| Valley National Bank | $74,675,000 | $298,185,000 | 299.3% | 0.6% |
| KeyBank | $371,995,000 | $297,595,000 | -20.0% | 0.6% |
| FREEDOM MORTGAGE CORPORATION | $1,671,730,000 | $296,455,000 | -82.3% | 0.6% |
| Mortgage America, Inc. | $476,315,000 | $294,015,000 | -38.3% | 0.6% |
| NAVY FEDERAL CREDIT UNION | $378,840,000 | $292,445,000 | -22.8% | 0.6% |
| AMERICAN HERITAGE FCU | $424,050,000 | $291,755,000 | -31.2% | 0.6% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $479,310,000 | $284,240,000 | -40.7% | 0.6% |
| Truist | $291,400,000 | $278,410,000 | -4.5% | 0.6% |
| Metropolitan Life Insurance Co | $275,810,000 | n/a | 0.6% | |
| Mortgage Research Center, LLC | $366,625,000 | $266,755,000 | -27.2% | 0.6% |
| HOME POINT FINANCIAL CORPORATION | $757,505,000 | $259,950,000 | -65.7% | 0.6% |
| Firstrust Savings Bank | $421,845,000 | $254,705,000 | -39.6% | 0.6% |
| Republic Bank | $398,490,000 | $245,665,000 | -38.4% | 0.5% |
| Columbia Bank | $185,210,000 | $242,170,000 | 30.8% | 0.5% |
| NEWREZ LLC | $1,263,130,000 | $233,855,000 | -81.5% | 0.5% |
| Capital One | $721,820,000 | $230,670,000 | -68.0% | 0.5% |
| GUILD MORTGAGE COMPANY | $68,260,000 | $226,115,000 | 231.3% | 0.5% |
| EMM LOANS LLC | $345,585,000 | $217,800,000 | -37.0% | 0.5% |
| ABSOLUTE HOME MORTGAGE CORPORATION | $297,260,000 | $215,950,000 | -27.4% | 0.5% |
| AMERISAVE MORTGAGE CORPORATION | $772,525,000 | $214,605,000 | -72.2% | 0.5% |
| Penn Community Bank | $213,925,000 | $210,160,000 | -1.8% | 0.5% |
| Philadelphia Mortgage Advisors, Inc. | $354,790,000 | $209,785,000 | -40.9% | 0.5% |
| M&T Bank | $354,200,000 | $194,580,000 | -45.1% | 0.4% |
| U.S. Bank | $343,325,000 | $193,755,000 | -43.6% | 0.4% |
| DHI MORTGAGE COMPANY, LTD. | $103,440,000 | $193,465,000 | 87.0% | 0.4% |
| PROVIDENT FUNDING ASSOCIATES, L.P. | $389,305,000 | $191,785,000 | -50.7% | 0.4% |
| GUARANTEED RATE AFFINITY, LLC | $323,655,000 | $176,410,000 | -45.5% | 0.4% |
| NATION ONE MORTGAGE CORPORATION | $268,005,000 | $176,265,000 | -34.2% | 0.4% |
| Liberty Bank | $87,965,000 | $175,415,000 | 99.4% | 0.4% |
| Morgan Stanley Private Bank | $132,155,000 | $174,840,000 | 32.3% | 0.4% |
| Prudential Huntoon Paige Associates, LLC | $169,540,000 | n/a | 0.4% | |
| BETTER MORTGAGE CORPORATION | $1,111,620,000 | $169,310,000 | -84.8% | 0.4% |
| TBI MORTGAGE COMPANY | $215,020,000 | $168,805,000 | -21.5% | 0.4% |
| S&T Bank | $154,500,000 | $161,850,000 | 4.8% | 0.4% |
| BROKER SOLUTIONS, INC. | $323,125,000 | $161,605,000 | -50.0% | 0.4% |
| 1st Colonial Community Bank | $225,005,000 | $160,315,000 | -28.8% | 0.3% |
| FRANKLIN MINT | $84,325,000 | $159,705,000 | 89.4% | 0.3% |
| BELLWETHER ENTERPRISE REAL ESTATE CAPITAL, LLC | $81,390,000 | $156,910,000 | 92.8% | 0.3% |
| Northfield Bank | $163,440,000 | $154,635,000 | -5.4% | 0.3% |
| EAGLE HOME MORTGAGE, LLC | $100,130,000 | $152,770,000 | 52.6% | 0.3% |
| MCLEAN MORTGAGE CORPORATION | $18,150,000 | $149,165,000 | 721.8% | 0.3% |
| OceanFirst Bank | $136,680,000 | $146,995,000 | 7.5% | 0.3% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $146,500,000 | $144,965,000 | -1.0% | 0.3% |
| The Huntington National Bank | $204,125,000 | $144,455,000 | -29.2% | 0.3% |
| Acre Mortgage and Financial Inc | $153,795,000 | $140,975,000 | -8.3% | 0.3% |
| Investors Bank | $279,550,000 | $138,385,000 | -50.5% | 0.3% |
| Gateway First Bank | $276,895,000 | $137,055,000 | -50.5% | 0.3% |
| GREYSTONE SERVICING COMPANY LLC | $457,120,000 | $137,035,000 | -70.0% | 0.3% |
| Citibank | $119,825,000 | $135,665,000 | 13.2% | 0.3% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $503,675,000 | $134,035,000 | -73.4% | 0.3% |
| SUCCESS MORTGAGE PARTNERS, INC. | $211,045,000 | $130,105,000 | -38.4% | 0.3% |
| Customers Bank | $79,535,000 | $129,545,000 | 62.9% | 0.3% |
| MORTGAGE ACCESS CORP. | $209,660,000 | $128,915,000 | -38.5% | 0.3% |
| PHILADELPHIA | $116,905,000 | $127,050,000 | 8.7% | 0.3% |
| DRAPER AND KRAMER MORTGAGE CORP. | $252,695,000 | $126,140,000 | -50.1% | 0.3% |
| LENDING CAPITAL GROUP Inc | $209,775,000 | $125,930,000 | -40.0% | 0.3% |
| WALKER & DUNLOP, LLC | $138,670,000 | $123,460,000 | -11.0% | 0.3% |
| CMG MORTGAGE, INC. | $179,260,000 | $122,100,000 | -31.9% | 0.3% |
| Mid Penn Bank | $188,605,000 | $119,670,000 | -36.5% | 0.3% |
| ESSA Bank & Trust | $83,600,000 | $118,245,000 | 41.4% | 0.3% |
| First National Bank of Pennsylvania | $68,380,000 | $117,615,000 | 72.0% | 0.3% |
| ENVOY MORTGAGE, LTD | $190,870,000 | $117,005,000 | -38.7% | 0.3% |
| Kearny Bank | $68,175,000 | $112,695,000 | 65.3% | 0.2% |
| Center City Mortgage and Investments LLC | $197,050,000 | $109,900,000 | -44.2% | 0.2% |
| AmRes Corporation | $252,775,000 | $104,155,000 | -58.8% | 0.2% |
| Citizens & Northern Bank | $41,180,000 | $101,160,000 | 145.7% | 0.2% |
| LAKEVIEW LOAN SERVICING, LLC | $322,110,000 | $100,640,000 | -68.8% | 0.2% |
| LENDINGHOME FUNDING CORPORATION | $51,450,000 | $98,495,000 | 91.4% | 0.2% |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $172,245,000 | $97,690,000 | -43.3% | 0.2% |
| Peoples Security Bank and Trust Company | $70,135,000 | $97,150,000 | 38.5% | 0.2% |
| Northpointe Bank | $157,995,000 | $95,265,000 | -39.7% | 0.2% |
| Ally Bank | $279,210,000 | $94,785,000 | -66.1% | 0.2% |
| PENNSYLVANIA STATE EMPLOYEES Credit Union | $97,450,000 | $94,395,000 | -3.1% | 0.2% |
| Advisors Mortgage Group, L.L.C. | $369,115,000 | $92,860,000 | -74.8% | 0.2% |
| Carrington Mortgage Services, LLC | $174,325,000 | $90,465,000 | -48.1% | 0.2% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $177,170,000 | $90,330,000 | -49.0% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $156,760,000 | $88,535,000 | -43.5% | 0.2% |
| First Citizens Community Bank | $45,985,000 | $85,700,000 | 86.4% | 0.2% |
| RF Renovo Management Company, LLC | $36,270,000 | $83,800,000 | 131.0% | 0.2% |
| AmeriHome Mortgage Company, LLC | $110,275,000 | $83,645,000 | -24.1% | 0.2% |
| Harleysville Bank | $63,975,000 | $82,815,000 | 29.4% | 0.2% |
| Nations Lending Corporation | $228,260,000 | $79,465,000 | -65.2% | 0.2% |
| Paramount Residential Mortgage Group, Inc. | $127,245,000 | $79,325,000 | -37.7% | 0.2% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $191,010,000 | $77,565,000 | -59.4% | 0.2% |
| Quaint Oak Mortgage, LLC | $135,070,000 | $76,905,000 | -43.1% | 0.2% |
| Lakeland Bank | $36,125,000 | $75,755,000 | 109.7% | 0.2% |
| First Resource Bank | $55,580,000 | $75,680,000 | 36.2% | 0.2% |
| EMBRACE HOME LOANS, INC. | $152,560,000 | $75,310,000 | -50.6% | 0.2% |
| USAA Federal Savings Bank | $112,590,000 | $74,550,000 | -33.8% | 0.2% |
| UNION HOME MORTGAGE CORP. | $76,365,000 | $71,180,000 | -6.8% | 0.2% |
| MERCK SHARP & DOHME FEDERAL CREDIT UNION | $23,590,000 | $70,640,000 | 199.4% | 0.2% |
| Third Federal Savings and Loan Association of Cleveland | $92,740,000 | $69,615,000 | -24.9% | 0.2% |
| HOMESIDE FINANCIAL, LLC | $100,220,000 |