Discover the latest Utah mortgage rates for Conventional, FHA, VA, and Non-QM loans. This page is updated weekly to reflect real market data for Utah and surrounding areas.
Today’s Mortgage Rates in Utah
Click to View Today’s Rates*
Non-QM
DSCR 30yr
6.32%
-0.11%
DSCR I/O 30yr
6.58%
-0.01%
Bank Stmt 30yr
6.48%
-0.24%
Bond Market
10yr Treasury
4.553
-0.024
UMBS 5.0
97.61
+0.10
GNMA 5.0
97.93
-0.14
*No Underwriting or Processing Fees*
Utah Mortgage Rate Trends
(Week of July 20, 2026)
CPI and PPI (inflation related data) both showed a cooling economy, which was positive for rates. However, rising tensions in the Middle East limited the improvement, and even though rates showed they improved, the actual market data is worse. This is typically for hedging before a big data report (CPI), and lenders are likely shrinking margins to find additional loan volume.
This week will be quiet for data, but we’re expecting it to be a little noisy with geopolitical developments. We have some longer term concerns on how the U.S.-Iran War plays out.
10-Year Treasury Chart and Utah Mortgage Rate Correlation
The 10-year is up against the 4.6 support line, and its towards the top of the up trend that’s formed over the past few months. With a lack of data to help us, there’s risk in hoping it stays under this level.
Lock Considerations: Should I Lock in My Mortgage Rate Today?
We’re in a locking bias. There’s too much risk on the table, and possible improvement is limited.
Localized Mortgage Rates
TruPath Home Loans is licensed in 10 states – Utah, Colorado, Idaho, Wyoming, Washington, Oregon, Texas, Florida, Georgia, and California.
Mortgage Rates can have small adjustments depending on the state, risks associated with those states, and average loan amounts. These adjustments are passed along based on demand from the secondary market and are very minimal.
Utah Housing Rates
Utah Housing Corporation (UHC) is an independent government agency established by the Utah legislature in 1975 to support affordable housing initiatives. While UHC doesn’t directly originate loans, they partner with approved lenders to offer specialized loan programs. Their primary offerings are FHA loans that include second mortgages to help cover the FHA down payment and closing costs. Since Utah Housing programs, rates, and grants can change frequently, it’s essential to consult with a knowledgeable Loan Officer to explore your options and determine current availability.
You can see Utah Housing Rates here.
Frequently Asked Questions
When should I refinance my mortgage?
As soon as it makes sense! We typically see savings outweigh any costs when you decrease your rate by 0.5-0.75%. There are many other factors to keep in mind with closing costs, if you’re paying discount points, your loan amount, and what the overall breakeven time is.
How often do mortgage rates change?
Mortgage rates can change daily or even multiple times per day, depending on the market. It’s important to stay informed and consider locking in a rate when it’s favorable.
Can I lock in a mortgage rate, and for how long?
Yes, you can lock in a mortgage rate when you apply for a loan. Typical rates are quoted on 30 day locks. Traditional lock periods are 15, 30, 45, 60, 90, and 120 days, though some lenders will allow you to choose a specific amount of days. Some lenders offer longer lock options up to 180 or even 270 days depending on rate volatility.
Why are mortgage rates rising or falling?
Mortgage rates change due to economic factors like inflation, Federal Reserve policies, and market demand for mortgage-backed securities. When the economy grows or inflation rises, rates may increase, and vice versa.
Disclaimer: Current Mortgage Rates and terms are based on specific scenarios and may vary. Conventional and Non-QM loan examples assume a $600,000 purchase price with 25% down and a 780 credit score. FHA loans require a 3.5% down payment, while VA and USDA loans offer 0% down, based on a 720 credit score. Jumbo loans are based on a $2,000,000 purchase price with 25% down and a 780 credit score. Rates are subject to change daily, and additional restrictions may apply. For personalized information and current rates, please contact a TruPath Home Loans Loan Officer.
Rate lock advice is a professional opinion, and not indicative of the direction of the market. There are many factors that play into mortgage rates, and it’s impossible to forecast every possible movement. The least risky option is always to lock. TruPath Home Loans is not responsible for the direction of the market and interest rates. You are responsible for your own decisions.