Mortgage rates for Tucson, Arizona go down to 3.00%

Mortgage rates for Tucson, Arizona on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Tucson, Arizona is now at 4.56%.

Tucson Market Trends

Tucson, Arizona is a growing metropolitan area that is the home to nearly 1 million people. Across its history, Tucson has been a Native American farming community, a Spanish outpost, a frontier town, a railroad hub, and finally, it has grown to the major metropolitan area that it is today. The city is completely surrounded by mountains, including volcanic mountains to the west.

For quarter ending December 13:

The average price/sqft was $106, an increase of 9.3% compared to last year. The median sales price for homes for September 13 to December 13 was $151,000 based on 2,079 home sales. Compared to one year ago, the median home sales price increased 6%, or $8,500, and the number of home sales decreased 9.7%. 

Popular communities in Tucson include Sam Hughes and Rita Ranch, with average home listing prices of $366,216 and $188,703.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Tucson mortgage lender who can find you the right loan. 

 

Lenders in: Tucson, Arizona.