See the latest Utah mortgage rates for fixed rates: 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally and main lending options available across the state.
Buying a home in Utah could be easier with today’s mortgage rates.
Utah Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Utah, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 7.42% | 7.47% | 7.52% | |
| Utah | 7.08% | 7.13% | 7.18% | |
| Credit Unions | 6.68% | 6.73% | 6.88% | 8.8/10 |
| Online lenders | 6.78% | 6.83% | 6.98% | 8.2/10 |
| Banks | 7.08% | 7.13% | 7.18% | 7.8/10 |
| 30 year fixed | 7.08% | 7.13% | 7.18% | |
| 30 year fixed FHA | 6.47% | 6.52% | 6.57% | |
| 30 year fixed VA | 6.73% | 6.78% | 6.83% | |
| 30 year fixed Jumbo | 7.31% | 7.69% | 7.88% | |
| 20 year fixed | 6.20% | 6.25% | 6.30% | |
| 15 year fixed | 6.44% | 6.49% | 6.54% | |
| 10 year fixed | 5.57% | 5.62% | 5.67% | |
| 3 year ARM | 4.16% | 4.21% | 4.26% | |
| 5 year ARM | 6.51% | 6.56% | 6.61% | |
| 7 year ARM | 6.46% | 6.51% | 6.56% | |
| 10 year ARM | 7.08% | 7.13% | 7.18% | |
| Satisfaction | 8.6/10 | 8.0/10 | 7.6/10 |
Source: MFP’s Community Home Purchase Rates Survey from Utah members in the last 30 days.
How Utah Compares to National Averages
- Utah mortgage rates (7.10% for best credit scores) are slightly below national averages (national average: 7.42%).
- Credit unions are more competitive: In Utah, credit unions offer 6.70%, banks 7.10%, online lenders 6.80%.
Mortgage Options in Utah
- 30 year fixed: 7.10% - most popular long-term option for predictable payments
- 20 year fixed: 6.20% - balance between payment size and interest savings
- 15 year fixed: 6.44% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.55% - shortest fixed-term option with competitive rates
- 10 year variable: 4.18% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.51% - A mid-term variable option...
- 5 year variable: 6.46% - Shorter-term variable mortgage...
- 3 year variable: 7.10% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Utah Metro Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Salt Lake City | 6.61% | 5.74% |
| Provo | 6.58% | 5.71% |
| Ogden | 6.60% | 5.73% |
| Orem | 6.59% | 5.72% |
| St. George | 6.62% | 5.75% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Utah Best Mortgage Lenders
See which Utah lenders are most recommended for a home mortgage by community members surveys in the State and in its main metro areas.
Salt Lake City, West Valley, West Jordan, Provo, St. George, Orem, Sandy, Lehi, Ogden, South Jordan, Online lenders.
FAQs – Utah Mortgage Rates
Are home purchase rates higher in Utah than the U.S. average?
Yes, Utah mortgage rates typically run above the national average, reflecting the state’s strong housing demand and growing population.
What credit score is best for buying a home in Utah?
A credit score of 720 or higher typically secures the most competitive mortgage rates available in Utah.
Is it better to choose a fixed-rate or ARM in Utah?
Fixed-rate mortgages provide payment stability in Utah’s dynamic market, while ARMs may suit those with shorter-term homeownership plans.
More Info for Utah Home Buyers:
Mortgage Rates & Tools
Home Purchase Calculator: Estimate your monthly payment.
First-Time Home Buyer: Guide for Utah first home buyers.
Home Affordability Calculator: See what price range fits your budget.
FHA Mortgage Rates: Current rates for FHA buyers.
30 Year Fixed Home Mortgage: Today’s rate for the most common term.
15 Year Fixed Home Mortgage: Today’s rate for faster payoff.
Loan Programs & Assistance
FHA Loans: How FHA mortgages work and who qualifies.
Down Payment Assistance: Programs that help cover your down payment.
Lenders & Homeowner Resources
Best Mortgage Lenders in Utah: Community rated lenders by city.
Utah Home Insurance Cost: Average premiums and top rated local insurers.
Homeowner Resources & Grants: Grants and assistance programs nationwide.