Reviews & Detailed Information about Mortgage Rates offered in Phoenix, AZ. Compare to Popular Offers & Apply Online for the Best Mortgage Rate.. 30 year fixed; 5/1 ARM;. Help others find the best mortgage rates by sharing what your deciding factor was when choosing your mortgage rate.

The 30-year fixed loan is by far the most common loan program, but adjustable rate mortgage (ARM) and 15-year fixed loans offer lower rates. If you’re ok with the higher monthly payment of the 15-year fixed loan or the possibility of your rate changing with the ARM, one of these loan programs could help you pay much less interest over time for.