Where to Get the Best Phoenix Mortgage Rates on an ARM

If you are thinking about purchasing a house, but traditional fixed rate mortgages aren’t for you, look into an adjustable rate mortgage instead. ARMs work differently than regular mortgages, and currently, you could find an exceptionally affordable interest rate on one.

We’ve showcased the very best Phoenix mortgage rates available for adjustable rate mortgages in the area. Find out where you can get your hands on a great rate in your city.

Top Phoenix, AZ ARM Rates

Whether you opt for a conventional financial institution, a credit union or are thinking about financing online, there are a multitude of options available:

Best Phoenix Mortgage Rates: 3/1 ARM

• Wells Fargo Bank, National Association: 2.13%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• US Bank National Association: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• M&I Marshall & Ilsley Bank: 3.25%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Top Mortgage Rates in Phoenix: 5/1 ARM

• Wells Fargo Bank, National Association: 2.25%
• • Orig. Fees: 1%
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Bank of America, National Association: 2.5%
• • No Orig. Fees
  • Points: 0.88
  • Caps: 2% per Adjustment Period


• Arizona State Credit Union: 2.5%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period


• TruWest Credit Union: 2.88%
• • Orig. Fees: 1%
  • Points: 0
  • Caps: 2% per Adjustment Period


• M&I Marshall & Ilsley Bank: 2.88%
• • No Orig. Fees
  • Points: 0
  • Caps: 2% per Adjustment Period

Ensure you verify these interest rates with the lender before you apply. Mortgage rates are accurate as of October 15, 2011, but are subject to change at any time. Further, you may be subject to additional requirements or credit approval in order to obtain the lowest advertised Phoenix mortgage rate.