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 | 6.31% | 6.36% | 6.41% | |
| Utah | 6.44% | 6.49% | 6.54% | |
| Credit Unions | 6.04% | 6.09% | 6.24% | 9.0/10 |
| Online lenders | 6.14% | 6.19% | 6.34% | 7.8/10 |
| Banks | 6.44% | 6.49% | 6.54% | 8.3/10 |
| 30 year fixed | 6.44% | 6.49% | 6.54% | |
| 30 year fixed FHA | 6.45% | 6.50% | 6.55% | |
| 30 year fixed VA | 6.27% | 6.32% | 6.37% | |
| 30 year fixed Jumbo | 6.67% | 7.05% | 7.24% | |
| 20 year fixed | 6.22% | 6.27% | 6.32% | |
| 15 year fixed | 6.05% | 6.10% | 6.15% | |
| 10 year fixed | 5.55% | 5.60% | 5.65% | |
| 3 year ARM | 4.18% | 4.23% | 4.28% | |
| 5 year ARM | 6.59% | 6.64% | 6.69% | |
| 7 year ARM | 6.44% | 6.49% | 6.54% | |
| 10 year ARM | 6.42% | 6.47% | 6.52% | |
| Satisfaction | 8.4/10 | 7.9/10 | 8.3/10 |
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 (6.44% for best credit scores) are slightly above national averages (national average: 6.31%).
- Credit unions are more competitive: In Utah, credit unions offer 6.04%, banks 6.44%, online lenders 6.14%.
Mortgage Options in Utah
- 30 year fixed: 6.44% - most popular long-term option for predictable payments
- 20 year fixed: 6.22% - balance between payment size and interest savings
- 15 year fixed: 6.05% - 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: 6.59% - A mid-term variable option...
- 5 year variable: 6.44% - Shorter-term variable mortgage...
- 3 year variable: 6.42% - 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.
Compare Lenders Rated by Utah Homeowners
Utah homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Utah
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 Utah Home Information:
Utah Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Utah Homeowners.