According to a recent Primerates.com survey of Phoenix mortgage rates offered by the largest area banks & credit unions, five Phoenix institutions offered rates below 4.00% on 30-year fixed-rate conforming loans in the Phoenix area for well-qualified borrowers. Compass Bank (www.bbvacompass.com) offered rates at 3.25% and Mutual of Omaha Bank (www.mutualofomahabank.com) offered rates at 3.63%. Wells Fargo (www.wellsfargo.com) and the Washington Federal (www.washingtonfederal.com) offered rates at 3.88% while The U.S. Bank National Association (www.usbank.com) offered rates at 3.95%.