Why Oil Prices Are Driving Arizona Mortgage Rates in 2026

Published on: 09/08/2026

Brent crude is up about 47 percent year over year, and that is why Arizona mortgage rates are near 6.71 percent instead of falling. Here is the chain from a barrel of oil to your Phoenix payment, and what to do about it. Pillar Mortgage Group, NMLS #2700076.

Arizona Mortgage and Home Selling Guides

Straight answers on buying, refinancing, and selling a home in Scottsdale, Phoenix, and across Arizona, from Blake Hermann, Director of Lending at Pillar Mortgage Group (NMLS #2271358).

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