— Mortgage rates have surged to 7.28%, the highest since October 2022, leading to a 6% drop in mortgage applications. This increase is impacting housing affordability in Utah, with experts citing inflation, economic…
— Mortgage rates have hit their highest level in several years, reaching 7.28% on average for a 30-year fixed-rate mortgage, making homebuying more expensive. Mortgage applications fell by 6% week over week.
