Utah Mortgage Rates — Week of May 4, 2026

Where Utah Mortgage Rates Stand This Week

Happy Monday! Mortgage rates are starting the week on relatively stable ground, with the 30-year fixed holding in the mid-6% range. For Utah homebuyers and homeowners considering a refinance, this consistency provides a good opportunity to lock in a rate without the pressure of rapidly shifting markets.

Today's Rates

Here are the current rates available through Integrity First Lending as of Monday, May 4, 2026:

• 30-Year Fixed: 6.375% (6.475% APR)
• 15-Year Fixed: 6.000% (6.125% APR)
• VA 30-Year Fixed: 6.125% (6.275% APR)
• FHA 30-Year Fixed: 6.250% (6.375% APR)

What's Moving the Market This Week

Several factors are influencing mortgage rates as we move into early May. The Federal Reserve's recent commentary on inflation has kept markets relatively calm, with bond yields — which directly impact mortgage rates — trading in a narrow range. Employment data released late last week came in close to expectations, removing some uncertainty that can cause rate volatility.

Additionally, spring homebuying season is in full swing, which typically brings increased demand and some pressure on rates. However, the market has absorbed this demand without significant spikes, suggesting lenders are competing aggressively for qualified borrowers.

What This Means for Utah Buyers

If you're shopping for a home in Utah, these rates offer a reasonable entry point. On a $400,000 loan, the difference between today's 30-year fixed rate and rates we saw earlier this year could save you approximately $100-150 per month.

For current homeowners, refinancing may make sense if your existing rate is above 7%. The 15-year fixed option is particularly attractive for those looking to build equity faster and pay off their home before retirement.

VA loans continue to offer excellent value for eligible veterans and active-duty service members, with rates typically lower than conventional options and no down payment required.

Ready to Explore Your Options?

Rates change throughout the day, and your individual rate depends on your credit profile, loan amount, and other factors. The best way to know exactly what you qualify for is to get a personalized quote.

Check our real-time rates page for live updates, or apply now to get pre-qualified and lock in your rate.

Rates shown are for informational purposes and subject to change. Individual rates depend on credit score, loan amount, down payment, and other factors. Contact an IFL loan officer for a personalized quote.