Buying a home in Arizona can be easier with today’s mortgage rates. Below are the latest home purchase rates, how Arizona compares nationally, and key lending options available across the state.
Mortgage Rates in Arizona – October 2025
The table below shows today’s home purchase mortgage rates for Arizona, organized by credit score and lender type:
| Credit Score |
Satisfaction |
|||
|---|---|---|---|---|
| 720 – 850 | 690 – 719 | 620 – 689 | ||
| Nationally | 6.38% | 6.43% | 6.48% | |
| Arizona | 6.29% | 6.34% | 6.39% | |
| Credit Unions | 5.89% | 5.94% | 6.09% | 8.6/10 |
| Online lenders | 5.99% | 6.04% | 6.19% | 8.5/10 |
| Banks | 6.29% | 6.34% | 6.39% | 8.3/10 |
| 30 year fixed | 6.29% | 6.34% | 6.39% | |
| 20 year fixed | 6.09% | 6.14% | 6.19% | |
| 15 year fixed | 5.78% | 5.83% | 5.88% | |
| 10 year fixed | 5.76% | 5.81% | 5.86% | |
| 10 year ARM | 6.27% | 6.32% | 6.37% | |
| 7 year ARM | 7.13% | 7.18% | 7.23% | |
| 5 year ARM | 7.09% | 7.14% | 7.19% | |
| 3 year ARM | 4.21% | 4.26% | 4.31% | |
| FHA 30 year fixed | 6.50% | 6.55% | 6.60% | |
| VA 30 year fixed | 6.22% | 6.27% | 6.32% | |
| Satisfaction | 8.5/10 | 8.3/10 | 7.8/10 |
Source: MFP’s Community Home Purchase Rates Survey from the last 30 days.
How Arizona Compares to National Averages
- Arizona mortgage rates (6.67% for best credit scores) are in line with national averages (national average: 6.65%).
- Credit unions are more competitive: In Arizona, credit unions offer 6.27%, banks 6.67%, online lenders 6.37%.
Mortgage Options in Arizona
- 30 year fixed: 6.67% - most popular long-term option for predictable payments
- 20 year fixed: 6.59% - balance between payment size and interest savings
- 15 year fixed: 6.06% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 6.15% - shortest fixed-term option with competitive rates
- 10 year variable: 4.19% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.55% - A mid-term variable option...
- 5 year variable: 6.55% - Shorter-term variable mortgage...
- 3 year variable: 6.67% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Arizona Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Phoenix | 6.31% | 5.80% |
| Tucson | 6.27% | 5.76% |
| Mesa | 6.30% | 5.79% |
| Scottsdale | 6.33% | 5.82% |
| Glendale | 6.28% | 5.77% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Arizona Best Mortgage Lenders
See which Arizona lenders are most recommended for a home mortgage by community members surveys accross the State and in its main metro areas.
FAQs Arizona Mortgage Rates
Are home purchase rates higher in Arizona than the U.S. average?
Arizona rates typically align closely with national averages, though specific rates can vary by lender and location within the state.
What credit score is best for buying a home in Arizona?
A credit score of 720 or higher generally secures the most favorable mortgage rates from Arizona lenders.
Is it better to choose a fixed-rate or ARM in Arizona?
Fixed-rate mortgages offer payment consistency for long-term residents, while ARMs can provide initial savings for those planning shorter-term ownership.
More Info for Arizona Home Buyers:
Mortgage Rates & Tools
Home Purchase Calculator: Estimate your monthly payment.
Home Affordability Calculator: See what price range fits your budget.
FHA Mortgage Rates: Current rates for FHA buyers.
30 Year Fixed Home Mortgage: Today’s rate for the most common term.
15 Year Fixed Home Mortgage: Today’s rate for faster payoff.
Loan Programs & Assistance
FHA Loans: How FHA mortgages work and who qualifies.
Mortgage Documents Checklist: What you’ll need to apply, including special cases like self-employed and condo buyers.
Down Payment Assistance: Programs that help cover your down payment.
Lenders & Homeowner Resources
Best Mortgage Lenders in Arizona: Community rated lenders by city.
Arizona Home Insurance Cost: Average premiums and top rated local insurers.
Homeowner Resources & Grants: Grants and assistance programs nationwide.