Arizona — Wednesday, July 28, 2010

Zillow Mortgage Marketplace reports Arizona mortgage rates for 30-year fixed-rate mortgages dropped 3 basis points from 4.49% to 4.46% on Wednesday. State mortgage rates ranged from the lowest rate of 4.25% (HI) to the highest rate of 4.75% (NV). Currently, Arizona mortgage rates are 6 basis points higher than the national average of 4.40%.

The Arizona mortgage rate on July 28, 2010, is equal to last week's average Arizona rate of 4.46%.