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Mortgage News

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News for: KSL.com
Showing 1 - 3 of 3 results
Mar 9, 2026 5:30 AM — Mortgage Rates
How is the war in Iran affecting mortgage rates?
Mortgage rates in the United States have risen to 6% after briefly dropping below 6%. The increase is attributed to the impact of the war in the Middle East on oil prices and inflation fears, leading to higher bond yields. Despite the setback, gains in housing affordability are still present, with a $30,000 increase in buying power compared to the previous year. Experts recommend seizing the oppor... more
Sep 4, 2025 8:23 PM — Mortgage Rates
Did mortgage rates just hit a new low?
Freddie Mac reported that the weekly average for a 30-year fixed-rate mortgage in the U.S. has fallen to 6.5%, which is an 11-month low. Despite lower mortgage rates, sales aren't surging due to affordability issues. Mortgage applications were down, but refinance applications were up.
Aug 17, 2025 5:24 AM — Mortgage Rates
What to know about Utah's housing market as mortgage rates dip
Mortgage rates have dropped to their lowest level in nearly a year, sparking an increase in mortgage applications. In Utah's difficult housing market, rates have fallen recently, leading to some relief for buyers but not significant impact yet. Some lenders have seen an uptick in activity, especially for refinancing. However, the high-priced market in Utah poses affordability issues for many new h... more
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