Mortgage Rates in Mesa, Arizona
Mesa is Arizona's third-largest city, offering affordable housing options with excellent access to outdoor recreation and a growing downtown arts district.
6.37%
30-Yr Rate
$425,000
Median Price
+2.8% YoY
Price Change
520,000
Population
Get Mesa Rates
Compare offers from local and national lenders.
Current Mesa Mortgage Rates
Average rates for borrowers with 740+ credit score and 20% down payment.
Source: Freddie Mac Primary Mortgage Market Survey via FRED | Updated: Mar 26, 2026
30-Year Fixed
6.37%
15-Year Fixed
5.76%
FHA 30-Year
5.87%
VA 30-Year
5.62%
Market Insight
Mesa offers excellent value compared to neighboring Scottsdale and Tempe. FHA and VA loans are popular here among first-time buyers and veterans.
Top Lenders in Mesa
Compare rates from lenders serving the Mesa area.
Desert Financial Credit Union
Credit Union
loanDepot
Online
Fairway Mortgage
Regional
Popular Mesa Neighborhoods
Explore in-demand areas for homebuyers in Mesa.
Buying a Home in Mesa
Affordability
With a median home price of $425,000, a 20% down payment would be approximately $85,000. At current rates, monthly principal and interest would be around $2,120 (excluding taxes and insurance).
First-Time Buyers
Mesa buyers have access to Arizona state programs including HOME Plus (up to 5% down payment assistance) and Pathway to Purchase. FHA loans with 3.5% down are popular given local price points.
Market Conditions
The Mesa market has seen +2.8% YoY price appreciation year-over-year. Inventory levels and days on market vary by neighborhood and price point. Working with a local agent and getting pre-approved early is recommended.
Nearby Cities
Ready to Buy in Mesa?
Get personalized rates from lenders serving Mesa and the Phoenix-Mesa-Chandler area.