Today’s Refinance Rates in Utah

Banner image
Edited byKatherine Kurtz
Edited byKatherine Kurtz

Updated: January 18, 2024

Advertising & Editorial Disclosure

Current Refinance Rates in Utah

A mortgage is a big part of achieving your financial goals. MoneyGeek's guide will help you find the right loan option based on your needs. See current refinance rates in Utah in the table below.


Mortgage Refinance Rates From Top Lenders


What Is a Good Refinance Rate in Utah?

In Utah, a 15-year fixed-rate mortgage (FRM) has an average interest rate of 4.38%, slightly below the national average of 4.45%. Similarly, the average interest rate on a 30-year FRM in the state is 5.18%, lower than the national average of 5.30%. Although these refinance rates are presently less expensive than nationwide mortgage averages, Utah's 5/1 adjustable-rate mortgage (ARM) of 4.36% is above the national average of 4.19%.

When refinancing your mortgage, there's nothing wrong with looking for a "good" or low-interest rate. However, you should consider more than just the interest rate. How much interest you can afford to pay, for instance, will depend on your finances and your credit history.

Mortgage lenders offer different refinance rates in Utah, so it's wise to get quotes from several of them. This is to help you find a rate that best fits your specific needs. Don't wait too long before applying for a mortgage because rates change nearly every day.

Estimate Your New Monthly Mortgage Payment

Use MoneyGeek's mortgage calculator to estimate your monthly payment after a refinance. Input your mortgage information and Utah's average rates above. Keep in mind that personal details like debt-to-income ratio and credit score will affect your actual rate.


Frequently Asked Questions About Refinance Rates in Utah

If you're looking to refinance your Utah home, the first step is to gather information. We've put together FAQs about mortgage refinancing in Utah to help you make an informed decision.

What is a good refinance rate in Utah?
What is a bad refinance rate in Utah?
What is a good refinance interest rate on a 30-year fixed-rate mortgage in Utah?
What is a good refinance interest rate on a 15-year fixed-rate mortgage in Utah?
What is a good refinance interest rate on a 5/1 adjustable-rate mortgage in Utah?