Mortgage Rates & Tools for Arizona Homebuyers
Use our simple tools to estimate payments, compare loan options, and stay up to date on current mortgage rates.
See Today’s Mortgage Rates in Arizona
Rates change daily—and sometimes hourly. Pete monitors the market closely and can help you lock in at the right time.
Current Mortgage Rates
Rates as of October 1, 2026 · Source: Federal Reserve
| Loan Type | Current | Previous | Change |
|---|---|---|---|
| 30-Year Fixed | 7.28% | 7.03% | ↑ +0.25% |
| 15-Year Fixed | 6.60% | 6.42% | ↑ +0.18% |
| FHA 30-Year | 7.13% | 7.09% | ↑ +0.03% |
| VA 30-Year | 7.10% | 7.04% | ↑ +0.06% |
| Jumbo 30-Year | 7.53% | 7.50% | ↑ +0.03% |
Data from Federal Reserve Economic Data
Estimate Your Monthly Payment
Use our mortgage calculator to estimate your payment based on home price, down payment, and interest rate.
Set the full purchase price of the home before your down payment.
How much money are you putting down upfront?
Select the loan repayment period in years.
Set the expected annual interest rate for your loan.
Total amount of loan after down payment.
Estimated monthly payment for the specified home price and loan term.
Total interest paid over the life of the loan.
Want the Full Analysis?
Download a detailed PDF report with complete amortization schedule and payment breakdown.
Rate Buydown Calculator
Use our mortgage calculator to estimate your payment based on home price, down payment, and interest rate.
Select the type of rate buydown.
Set the expected annual interest rate for your loan before any buydown
Want the Full Analysis?
Download a detailed PDF report with complete amortization schedules and scenario comparisons.
Loan Programs Available In Phoenix
Mortgage Solutions for Every Stage of Life
Pete offers a full range of loan options tailored to Phoenix-area buyers and investors:
FHA Loans
Low down payment, flexible credit
VA Loans
$0 down for eligible veterans and service members
Jumbo Loans
For homes above the $766,550 conforming limit
Conventional Loans
Great for buyers with solid credit and savings
Down Payment Assistance
Grant and DPA options available
Investment Property Loans
Ideal for rental or second home buyers
Bank Statement & Self-Employed Loans
No W-2? No problem
“Pete and his team are amazing! They walked us through the process and was quick to communicate what they needed and explained everything! This the 2nd house Pete has helped us purchase and we will never use anyone else. I highly recommend him and his team!”
Kathryn B.
Phoenix Homebuyer
Start Your Arizona Home Loan Journey Today
Whether you’re just starting to explore or need a fast prequal letter, Pete is ready to help.