Arizona Mortgage Guide 2026 · Todd Uzzell NMLS #1525192Fixed vs. Adjustable Rate Mortgage
Fixed vs. Adjustable Rate Mortgage
Arizona 2026
Everything Arizona buyers and homeowners need to know — with current 2026 numbers and expert guidance from a licensed Arizona mortgage lender with 20+ years of experience.
At a Glance
| Factor | Fixed Rate | Adjustable Rate (ARM) |
|---|---|---|
| Interest rate | Locked for full term | Fixed initially, then adjusts annually |
| Payment certainty | Never changes | Can increase or decrease |
| Initial rate | Typically higher | Typically 0.5-1% lower |
| Best when rates | Low — lock them in | High — expecting future drops |
| Risk | None — predictable | Payment risk if rates rise |
| Common structures | 30-yr, 15-yr fixed | 5/1, 7/1, 10/1 ARM |
Frequently Asked Questions
Should I get a fixed or adjustable rate mortgage in Arizona in 2026?
For buyers planning to stay 7+ years: fixed rate provides security and certainty. For buyers planning to sell within 5-7 years: a 5/1 or 7/1 ARM at a lower initial rate can save significant monthly cost with minimal risk. In 2026, most Arizona buyers choose fixed — but ARMs deserve consideration for shorter ownership timelines.
How much lower is an ARM rate than a fixed rate in Arizona?
In 2026, ARM initial rates are typically 0.5%-1.0% below comparable fixed rates. On a $400,000 loan, that's $125-$250/month savings during the fixed period. The risk: if rates are still high when the ARM adjusts, your payment could increase significantly.
Todd Uzzell
Licensed Arizona Mortgage Lender · NMLS #1525192
Starboard Financial NMLS #156931, BK-0910725. 4145 E Baseline Rd, Gilbert AZ 85234. 480-330-1724.
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