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Lower Rates, Lower Mortgages

The United States is currently in its longest economic expansion in history, meaning that the economy is growing at a healthy rate. Because of this, mortgage rates in Utah have been dropping bit by bit for months now.

Then, at the end of July, the Federal Reserve committee made a policy change that will make borrowing money from your bank even easier and cheaper for you. With this change and the already dropping mortgage rates, you haven’t seen a time this good to apply for a mortgage in a decade or more.