Current as low as Mortgage and Home Equity Rates
FreeRateUpdate publishes the as low as mortgage and home equity rates and APRs we can verify from the lenders and brokers in our network. Individual terms vary; the details and assumptions behind each figure are available below.
| Purpose | Product | Term | As low as rate | APR* |
|---|---|---|---|---|
| Purchase | Fixed mortgage | 30 years | 5.990% | 6.214% |
| Purchase | Fixed mortgage | 15 years | 5.250% | 5.583% |
| Refinance | Fixed mortgage | 30 years | 6.250% | 6.438% |
| Refinance | Fixed mortgage | 15 years | 5.250% | 5.583% |
| Refinance | Fixed mortgage | 10 years | 5.250% | 5.572% |
| Cash-out refinance | Fixed mortgage | 30 years | 6.125% | 6.340% |
| Home equity | HELOC | Revolving | 7.000% | 7.000% |
| Home equity | Home equity loan | Fixed term | 7.875% | 8.322% |
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Compare AZ Mortgage Refinance Offers
Lower Your Interest Rate in Arizona
If eligible, you can lower your interest rate. This could lead to lower payments and less money paid towards interest.
By refinancing your existing loan, your total finance charges may be higher over the life of the loan.
Why should I lower my rate? |
Save money |
 |
Lower Payments |
Shorten Your Loan Term in Arizona
Shorten your loan term when refinancing from a 30-year term to a 15-year term. You may also lower your rate.
Why should I shorten my term? |
Become mortgage-free quickly |
 |
Pay less interest |
Leverage Your Home's Equity in Arizona
Take cash out of your home to apply to improvements, renovations, or other necessary expenses.
Why should I cash out? |
Renovations |
 |
Pay for other debts or emergencies |
Arizona Mortgage Rates
If you're looking to buy a home in Arizona, you'll be happy to know that there are a variety of loan options available to help you finance your dream home. Arizona is a popular destination for retirees, outdoor enthusiasts, and anyone seeking a warm climate year-round.
Editorial note: Some state-specific details are temporarily unavailable. The current rate table above is unaffected.
Common Arizona Loan Types:
- Arizona conventional mortgages: Conventional mortgage loans are traditional home loans not backed by the government. They offer flexible terms and rates, and are available from various lenders to qualified borrowers.
- Arizona FHA loans: FHA loans are government-backed mortgages designed to help low- to moderate-income borrowers become homeowners. They offer low down payment requirements and flexible credit score criteria.
- Arizona VA loans: VA-backed mortgages are made by private lenders for eligible borrowers who meet VA and lender requirements. Some qualified purchase borrowers may use no down payment, while entitlement, appraisal, occupancy, funding-fee rules and exemptions, and lender requirements still apply.
Program information: FHA (HUD) and VA.gov.
How to Compare Arizona Mortgage Rates
Mortgage pricing available in Arizona varies by loan type, lender, borrower profile, property, points, and market timing. Compare rate, APR, points, fees, eligibility, and lock period using the same loan scenario.