Pennsylvania Mortgage Rates Continue To Rise

According to Zillow, the average mortgage rates in Pennsylvania rose for the second straight week last week. The national average also edged up but stayed just below 5 percent.

Looking into details, average fixed mortgage rates in Pennsylvania on a 30-year mortgage was 5.06 percent, up from 5.03 percent the week prior. Nationally, the average 30-year fixed mortgage rate was 4.97 percent for the week ended Oct. 20, up from 4.95 percent a week earlier.

On 15-year mortgage, the fixed rate nationwide rose to 4.38 percent for the week, and the average 5-1 adjustable rate mortgage rose to 3.87 percent.