Scottsdale: (480) 442-7487

Edina: (612) 964-6460

Scottsdale Mortgage Market Update — Week of 5/13/26

★ MARK’S BOTTOM LINE — WEEK OF MAY 13, 2026 The Fed is holding steady — and for the first time in a while, the next move is more likely down than up. Scottsdale buyers who are prepared will have the advantage. Fed status: Holding steady — no change at April 29 meeting Direction: Rate…

If you own a home in Scottsdale and want to buy another one, you are stuck with the same problem every move-up buyer faces: do you sell first and risk having nowhere to go, or do you buy first and risk carrying two mortgages? For most homeowners, neither option feels right. That is exactly the…

By Mark Merry, Granite Bank – Scottsdale Mortgage Lender Published: May 9, 2026 Spring buying season is heating up in Scottsdale, and the market continues to offer solid opportunities for prepared buyers and homeowners. Scottsdale Market Snapshot – May 2026 Inventory: Improving but still competitive in desirable neighborhoods (North Scottsdale, McDowell Mountain Ranch, Grayhawk, and…

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Arizona Branch
17015 N Scottsdale Rd, Suite 120A
Scottsdale, AZ 85255
Phone: (480) 442-7487

Minnesota Branch
7801 East Bush Lake Road, Ste 380
Edina, MN 55439
Phone: (612) 964-6460

Mon-Fri, 8:00 AM - 5:00 PM

Licensing

Personal NMLS 452552
Company NMLS 405434

nmlsconsumeraccess.org

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Serving Scottsdale, Phoenix, Arizona, Minnesota, and clients nationwide.

Investment and insurance products and services including annuities are: Not a deposit • Not FDIC insured • May lose value • Not bank guaranteed • Not insured by any federal government agency. Securities and advisory services offered through Ausdal Financial Partners, Inc. 563‐326‐2064. 5187 Utica Ridge Rd, Davenport, IA. 52807. Member FINRAs Broker Check, FINRA / SIPC. Granite Bank and Ausdal Financial Partners, Inc. are separately owned and operated. For additional information, please read the Ausdal Financial Partners, Inc. Client Relationship Summary. (View Summary) Granite Bank and Granite Investment Services, and their representatives do not provide tax or legal advice. Everyone’s individual’s tax and financial circumstances are unique. Please consult your tax and/or legal advisor for advice and information concerning your situation. Products offered by Ausdal, Financial Partners, Inc. are not deposits or other obligations of Granite Bank and are not guaranteed by the bank. Furthermore, they are not FDIC insured and are subject to investment risks, including possible loss of the principal invested. For Granite Bank Investment Services: Investment Executives are registered to conduct securities business and licensed to conduct insurance business in limited states. Response to or contact with residents of other states will only be made upon compliance with applicable licensing and registration requirements. The information in this website is for U.S. residents only and does not constitute an offer to sell, or a solicitation of an offer to purchase brokerage services to persons outside of the United States. For Granite Bank: Granite Insurance Agency, NPN# 17530902, is currently licensed to sell insurance products in the following states: MN, ND, SD, WI, CO, AZ, FL. Mortgage, home equity, extensions of credit, and deposit products are offered by Granite Bank, a Minnesota State Chartered Bank. FDIC-Insured. Member FDIC. Equal Housing Lender. Copyright 2026, Granite Bank All Rights Reserved.