Mortgage Applications Fall 7% as Rates Hold Above 7%: What Phoenix Buyers Can Do With It

Published on: 10/27/2026

Purchase applications fell 7% in one week and sit 18% below last year with the 30 year at 7.41%. What that means for Scottsdale and Phoenix buyers, the payment math, and where the leverage is. Pillar Mortgage Group.

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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