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
Phoenix condo prices fell to their lowest level since early 2023, with condos down 2.3% and townhomes down 7.8% in 2026. Here is what that means for buyers and what lenders check first. Pillar Mortgage Group, NMLS #2700076
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.
In 2026 the value gap between new builds and resale homes in Phoenix has narrowed sharply. Builder rate buydowns pulled back from about 3.99% to roughly 4.5%, so resale is competing again. Pillar Mortgage Group, NMLS #2700076
Markets now price roughly 90% odds of a September 2026 Fed rate cut after a weak August jobs report. Here is what it actually means for Arizona mortgage rates and Phoenix buyers. 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).