FHA single-family mortgages in PENNSYLVANIA can have down payments as little as 3%. In some cases, FHA insurance allows homebuyers to finance approximately 97% of the value of their home purchased with their FHA mortgage.

FHA Loan Rates

July 29, 2014
30 Year Fixed
3.95% Rate
3.96% APR
15 Year Fixed
3.0% Rate
3.29% APR

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Pennsylvania is home to fifty Fortune 500 companies, including U.S. Steel, PPG Industries, and Heinz. Its largest cities include Philadelphia, Pittsburgh, Allentown, and Erie. The first nationally chartered bank in the United States, the Bank of North America, was founded in 1781 in Philadelphia. After a series of mergers, the Bank of North America became part of Wachovia.

Pennsylvania has 500 public school districts, thousands of private schools, publicly funded colleges and universities, and over 100 private institutions of higher education. Pennsylvania's leading research universities include the University of Pennsylvania, Penn State, the University of Pittsburgh, and Carnegie Mellon University.

Pennsylvania has been called the snack food capital of the world. It leads all other states in the manufacture of pretzels and potato chips. The U.S. chocolate industry is centered in Hershey, Pennsylvania, with Mars, Godiva, and Wilbur Chocolate Company nearby. Other notable products that come out of Pennsylvania include Hot Tamales, Mike and Ikes, Peeps, and Auntie Anne's Pretzels.

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