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 (6.27% for best credit scores) are in line with national averages (national average: 6.31%).
- Credit unions are more competitive: In Arizona, credit unions offer 5.87%, banks 6.27%, online lenders 5.97%.
Mortgage Options in Arizona
- 30 year fixed: 6.27% - most popular long-term option for predictable payments
- 20 year fixed: 6.32% - balance between payment size and interest savings
- 15 year fixed: 5.87% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.34% - shortest fixed-term option with competitive rates
- 10 year variable: 4.21% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.51% - A mid-term variable option...
- 5 year variable: 6.53% - Shorter-term variable mortgage...
- 3 year variable: 6.29% - 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.
Compare Lenders Rated by Arizona Homeowners
Arizona homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Arizona
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 Home Loan Information:
Best Mortgage Lenders in Arizona
Arizona Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Arizona Homeowners.