Utah Mortgage Loan Corporation

11/23/2023

11/21/2023

Data from MBA's Weekly Mortgage Applications Survey reveals purchase and refinance applications increased to the highest weekly pace in five weeks

Last week, mortgage applications saw a notable increase of 2.8% compared to the previous week, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey. This surge was reflected in various segments of the mortgage market. The Market Composite Index, which m...

11/11/2023

11/07/2023

10/27/2023

06/22/2023

You might have heard that you’ll need a 20 percent down payment to obtain a mortgage and buy a home. While it’s true that some properties might require a hefty chunk of change upfront, 20 percent is hardly the do-or-die requirement it once was.

How much does the average buyer put down on a home? It might not be as much as you think, statistics show.

06/20/2023

Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates.

Inventory has posted its biggest decline in over a year, with homeowners hanging onto their comparatively low mortgage rates. That trend is unlikely to change anytime soon, as the Fed’s announcement that it may hike interest rates a few more times will keep mortgage rates elevated. Low supply is s...