Utah home buyers
Today's mortgage rates
Where rates stand for buyers along the Wasatch Front — the daily 30- and 15-year fixed, the familiar weekly national average, and the Treasury yield that moves them.
30-year fixed
Current 30-year fixed rate
6.67%
0.04Down 0.04 from the previous reading as of August 4, 2026
15-year fixed
Current 15-year fixed rate
5.98%
0.07Down 0.07 from the previous reading as of August 4, 2026
Weekly national average
Freddie Mac 30-year average
6.66%
0.08Up 0.08 from the previous reading as of July 30, 2026
Rate driver
10-year Treasury yield
Mortgage rates track this yield — it's the market's read on where rates head next.
4.63%
0.07Down 0.07 from the previous reading as of August 4, 2026
Sources & disclaimer
- Daily 30- and 15-year fixed figures: Optimal Blue OBMMI, shown unaltered, courtesy of Optimal Blue.
- Weekly national average: Freddie Mac PMMS®, shown unaltered, courtesy of Freddie Mac.
- 10-year Treasury yield: U.S. Treasury public data.
- This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
These are national averages, not a quote or a commitment to lend. Your actual rate depends on your credit score, down payment, loan type, and property. This page is informational only — Haley Carlson is a real-estate agent, not a mortgage lender, and does not quote, offer, or originate loans. For a personalized rate, speak with a licensed mortgage lender.
What moves mortgage rates
Mortgage rates don't move on their own — they follow the bond market. The 30-year fixed rate you see quoted tracks the yield on the 10-year Treasury note closely, because the mortgages lenders write get bundled and sold to the same investors who buy Treasuries. When demand for bonds rises and yields fall, mortgage rates tend to ease; when yields climb, rates follow.
The Fed sets the tone, not the rate
It's a common misconception that the Federal Reserve sets mortgage rates. It doesn't. The Fed sets the short-term federal funds rate, which shapes the broader environment — the market's read on inflation and growth — and mortgage rates respond to that read. A Fed meeting doesn't change your 30-year rate directly; the bond market usually gets there first, often before the Fed even moves.
Daily figures vs. the weekly average
The daily 30- and 15-year figures come from Optimal Blue, which measures rates on loans actually being locked that day, so they move with the market. The weekly national average is Freddie Mac's long-running survey, published each Thursday. Same market, two lenses: the daily reading is timelier, while the weekly average is the familiar benchmark you'll hear quoted in the news.
Your rate is your own
Every figure here is a national average — a starting point, not an offer. The rate a lender actually quotes you turns on your credit score, your down payment, the loan type, and the property itself. Two buyers shopping on the same day can land in very different places. When you're ready for a real number, a licensed mortgage lender can price your specific situation.
Thinking about buying?
Find the right Utah community
Rates are only half the picture — where you buy matters just as much. Compare Utah cities side by side, then ask Haley when you're ready to make your move.
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