Utah Mortgage Rates Today — Compare UT Lenders
The average 30-year fixed mortgage rate in Utah is currently 6.58% APR. Salt Lake County has a conforming loan limit of $833,800. Utah’s Silicon Slopes tech corridor continues to drive strong housing demand. Compare today’s rates from top Utah lenders across all major loan types below.
Utah Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $520,000 loan on a single-family primary residence in Utah.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.58% | 6.58% | Most Popular |
| 15-Year Fixed | 5.93% | 5.93% | Pay off faster, save interest |
| 5/1 ARM | 6.70% | 6.70% | Short-term owners |
| FHA 30-Year | 6.22% | 6.22% | Low down payment |
| VA 30-Year | 6.05% | 6.05% | Veterans & military |
| 30-Year Refinance | 6.70% | 6.70% | Existing homeowners |
Rates sourced from lender survey data and updated regularly. Actual rates vary by lender and borrower profile. See disclaimer.
Understanding Mortgage Rates in Utah
Utah has experienced some of the strongest home price appreciation in the US over the past decade, driven by the Silicon Slopes tech corridor and strong population growth. Salt Lake City’s elevated conforming loan limit helps buyers access conventional financing on larger loans.
St. George in Southern Utah has emerged as a major retirement and lifestyle destination with strong appreciation. Utah’s young population, strong family formation rate, and growing tech economy continue to support housing demand across the state.
What Affects Your Utah Mortgage Rate?
Several key factors influence the rate a Utah lender will offer you: your credit score (740+ gets the best rates), your down payment (20%+ eliminates PMI), your loan type (VA and FHA often beat conventional), and broader market conditions driven by the Federal Reserve and Treasury yields. Always compare at least 3–5 lenders — the spread between best and worst rate can be 0.5–1.0%.