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News for: KUTV
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Jan 20, 2026 8:30 AM
— Mortgage Rates
Utah's housing market freezes as more homeowners hold on to low mortgage rates
The article discusses how the Federal Reserve was expected to lower interest rates again in December but now that's uncertain due to economic conditions after the government shutdown. In Utah, a majority of residents are holding onto low mortgage rates in the 3% range, causing a 'lock-in effect' where fewer people are willing to buy new homes with higher rates. This has led to a freeze in the hous... more
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Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.
The mortgage rates displayed on this site are collected daily from publicly available sources provided by more than 800 lenders. LoanGlass does not receive compensation for listing these rates, and all rates are presented as published by the respective lenders. While every effort is made to ensure accuracy, the information may contain errors or omissions. Mortgage rates are highly dependent on an individual’s financial circumstances, credit profile, loan terms, and other factors. As such, the rates you are quoted directly by a lender may differ materially from the rates displayed here.
Users should contact lenders directly to obtain formal, binding loan offers. If you identify any discrepancies in the data or would like to have your institution’s rates included, please contact us at content@loanglass.com.
All logos, trademarks, and brand names appearing on this website are the property of their respective owners.