Will a Fed Rate Hike Raise Your HELOC Payment? Arizona 2026 Prime Rate Guide

Published on: 09/16/2026

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

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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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