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Blog•7/3/2026

Phoenix Mortgage Market Sees Growth in High Demand Areas

Phoenix mortgage rates and trends in high growth areas, expert insights and local expert spotlight

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Phoenix Mortgage Market Sees Growth in High Demand Areas

2026-07-03 Phoenix mortgage update investor friendly mortgage paths in high growth areas

Market Update

Phoenix, AZ is experiencing a surge in demand for homes in high growth areas such as Downtown Phoenix and North Phoenix. This is reflected in the number of active loan officers listed in directories, with over 5 loan officers currently serving the area. According to local data, these areas are expected to see a significant increase in property values and rental income, making them attractive investment opportunities.

Mortgage Rate Trends

Current mortgage rates in Phoenix, AZ are at 5.25% for a 30-year fixed-rate mortgage. National trends indicate that rates are expected to increase in the coming months. However, with the high demand for homes in high growth areas, investors can expect to see a higher return on investment, despite the slightly higher mortgage rates.

Local Expert Spotlight

We spoke with local loan officers to get their insights on the current market and what investors can expect in the coming months. These experts agree that high growth areas such as Downtown Phoenix and North Phoenix are the way to go for investors looking to capitalize on the current market trends.

Featured Local Experts

Gerardus Brokerhof JR

Carlton Gary Huntoon

Eva Marie Mtaza

Andrew Ward Patzert

Dakota Shane Dennison