Mortgage Refinance Rates in Pennsylvania (2026)
With Pennsylvania's median value near $260,000, a homeowner refinancing a typical $177,000 balance from about 7.50% to 6.25% saves roughly $148/month — breaking even on ~$4,425 of costs near month 30.
Refinancing in Pennsylvania comes in three flavors: lower your rate, shorten your term, or pull out equity to 80% LTV. Pennsylvania uses the $806,500 conforming baseline statewide.
Refinance snapshot by Pennsylvania county
| County | Est. Value | 2026 Conforming Limit | Tier |
|---|---|---|---|
| Philadelphia County | $250,000 | $806,500 | Baseline |
| Allegheny County | $225,000 | $806,500 | Baseline |
| Montgomery County | $420,000 | $806,500 | Baseline |
| Bucks County | $460,000 | $806,500 | Baseline |
| Delaware County | $260,000 | $806,500 | Baseline |
| Chester County | $260,000 | $806,500 | Baseline |
| Lancaster County | $260,000 | $806,500 | Baseline |
| York County | $260,000 | $806,500 | Baseline |
| Berks County | $260,000 | $806,500 | Baseline |
| Lehigh County | $260,000 | $806,500 | Baseline |
| Westmoreland County | $260,000 | $806,500 | Baseline |
| Luzerne County | $260,000 | $806,500 | Baseline |
| Northampton County | $260,000 | $806,500 | Baseline |
| Dauphin County | $260,000 | $806,500 | Baseline |
| Cumberland County | $260,000 | $806,500 | Baseline |
| Erie County | $260,000 | $806,500 | Baseline |
| Lackawanna County | $260,000 | $806,500 | Baseline |
| Washington County | $260,000 | $806,500 | Baseline |
| Butler County | $260,000 | $806,500 | Baseline |
| Monroe County | $260,000 | $806,500 | Baseline |
| Beaver County | $260,000 | $806,500 | Baseline |
| Centre County | $260,000 | $806,500 | Baseline |
| Franklin County | $260,000 | $806,500 | Baseline |
| Schuylkill County | $260,000 | $806,500 | Baseline |
| Lebanon County | $260,000 | $806,500 | Baseline |
| Cambria County | $260,000 | $806,500 | Baseline |
| Fayette County | $260,000 | $806,500 | Baseline |
| Blair County | $260,000 | $806,500 | Baseline |
| Northumberland County | $260,000 | $806,500 | Baseline |
| Lycoming County | $260,000 | $806,500 | Baseline |
Should you refinance in Pennsylvania?
It comes down to your break-even. Take your closing costs (often 2-5% of the balance) and divide by your monthly savings — if you will stay in the home past that month count, refinancing usually wins. Cash-out makes sense when the rate and use of funds beat your other borrowing options.
Lower Your Payment — Free Alerts
Refinance rates move daily and the right dip can save hundreds a month. We will tell you the moment it makes sense.
Frequently Asked Questions
- How much can refinancing save in Pennsylvania?
- On a $177,000 balance near the Pennsylvania median, dropping from ~7.50% to 6.25% saves about $148/month. Your figure depends on your current rate and balance.
- What is the conforming loan limit in Pennsylvania for 2026?
- Most Pennsylvania counties use the $806,500 baseline; high-cost counties go up to $1,209,750. Above that, refinances are jumbo loans.