The Fed raised its benchmark rate a quarter point on September 16, 2026, its first hike since 2023, and the 30-year fixed is near 7.19%. Here is what Arizona buyers and homeowners should actually do now. Pillar Mortgage Group, NMLS #2700076
A quarter point Fed hike raises the prime rate the next business day, which lifts your Arizona HELOC payment about $16 per month on a $75,000 balance. Your fixed first mortgage does not change. Pillar Mortgage Group, NMLS #2700076
The average 30 year fixed mortgage rate hit 6.69% in early August 2026, the highest in 11 months. Here is what is driving Arizona rates higher and what it means for Phoenix and Scottsdale buyers. Pillar Mortgage Group, NMLS #2700076.
Blake Hermann is a Scottsdale, Arizona mortgage loan officer (NMLS #2271358) with Pillar Mortgage Group, specializing in communication-first lending for buyers, investors, and self-employed borrowers. Pillar Mortgage Group, NMLS #2700076.
Refinancing a mortgage in Arizona typically costs 2-5% of the loan amount in closing costs. Here's the full breakdown for 2026 and how to know if it's worth it. Pillar Mortgage Group, NMLS #2700076
Arizona mortgage rates fell to about 6.49% on a 30-year fixed in mid-June 2026. Here's what's driving the drop and what Phoenix and Scottsdale buyers should do. Pillar Mortgage Group, NMLS #2700076
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).