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Market updates, buying and selling tips, and community guides for Sevier County and beyond. Following houses for sale in Richfield? Our weekly rate updates and Richfield real estate guide are the best place to start.

Stone and brick two-story home with a two-car garage and autumn trees on a sunny fall day
Weekly Market Pulse

Rates Ease to 7.32% as the Fed Gets Ready to Decide

The 30-year rate dipped to 7.32%, its first drop in weeks, as the Fed meets this Wednesday. Here is what it means for buyers and sellers in Central Utah.

Modern white two-story home with a green front lawn on a sunny day
Weekly Market Pulse

Rates Hold at 7.40% as Housing Starts and Contracts Slide

The 30-year rate held at 7.40% while builders and buyers both pulled back. Here is what a cold September and a pivotal Fed meeting mean for Central Utah.

Small model house with a set of house keys on a wooden table
Weekly Market Pulse

Rates Reach 7.40% as Pending Sales Hit a 12-Year Low

The 30-year rate climbed to 7.40% while signed contracts fell to their lowest level since 2014. Here's how buyers can use the slowdown and how sellers can stay ahead of it.

Calculator, pen and financial paperwork on a desk
Weekly Market Pulse

Mortgage Rates Climb to 7.28% as Bond Yields Hit 24-Year High

Mortgage rates jumped to 7.28%, the highest since late 2023, as the 10-year Treasury hit a 24-year high. Here is what that means for Central Utah buyers and sellers.

Government building facade with columns at dusk
Weekly Market Pulse

Fed Hikes to 4%, Mortgage Rates Jump to 6.95%

The Federal Reserve raised rates for the first time in years and the 30-year fixed jumped 19 basis points to 6.95%. Here is our Central Utah game plan.

Single-family home with a front porch and green lawn
Weekly Market Pulse

Rates Hit 6.76% as Oil Nears $100 Ahead of Fed Decision

Mortgage rates climbed a third week to 6.76%, August inflation ran hotter, and inventory topped 1.6 million homes. The Fed decides on rates this Wednesday.

Golden late-summer field at sunset
Weekly Market Pulse

Strong Jobs Report Pushes Mortgage Rates Up to 6.71%

Mortgage rates climbed to 6.71% after a surprisingly strong August jobs report, while oil pushed toward $95 ahead of next week's Fed meeting.

Federal Reserve building exterior with columns
Weekly Market Pulse

Warsh Warns on Inflation at Jackson Hole; Rates Steady at 6.66%

The 30-year fixed held at 6.66% while Fed Chair Warsh used Jackson Hole to warn that rates may need to go up. Plus PCE, GDP and Case-Shiller data.

Wood framing on a new home under construction
Weekly Market Pulse

6.65% Rates, Fed Minutes and a Sharp Drop in Housing Starts

The 30-year fixed eased to 6.65% for a second straight decline, but Fed minutes showed officials leaning toward a hike and housing starts fell 12% in July.

Calculator and financial documents on a desk representing mortgage rate math
Weekly Market Pulse

Rates Finally Dip to 6.67% as Inflation Holds at 3.4%

The 30-year fixed fell to 6.67% for the first drop in six weeks, while July CPI held at 3.4% and national home sales cooled. Here is our Central Utah take.

Rural Utah valley with mountains at sunrise
Weekly Market Pulse

Rates at 6.69% as a Surprise Jobs Loss Cools Hike Talk

The 30-year rate reached 6.69%, but a surprise loss of 23,000 jobs in July pulled Fed hike odds back. Listing prices are softening and inventory is building nationally.

Marble columns of a federal government building
Weekly Market Pulse

A Divided Fed Holds Steady While Rates Rise to 6.66%

Three Fed officials wanted a rate hike last week, the most dissents since 2016. The 30-year mortgage rate reached 6.66% as GDP slowed and inflation eased to 3.7%.

Oil pump jack against an evening sky
Weekly Market Pulse

Oil Tops $100, Rates Reach 6.58% Ahead of the Fed Meeting

Brent crude briefly crossed $100 last week, pushing mortgage rates to 6.58%. New tariffs took effect, Salt Lake County set a price record, and the Fed decides on Wednesday.

New home under construction with wood framing
Weekly Market Pulse

Cooler Inflation, Hotter Oil: Rates Climb to 6.55%

Inflation cooled to 3.5% in June, but renewed fighting in the Gulf pushed oil toward $90 and mortgage rates to 6.55%. Builders broke ground at the fastest pace in months.

Two-story suburban home with a green lawn
Weekly Market Pulse

Rates Tick Up to 6.49% as the Iran Truce Breaks Down

The 30-year rate moved back up to 6.49% after renewed fighting in the Middle East pushed oil higher. National home prices set another record, and Fed minutes showed a divided committee.

Sunlit summer field under a clear sky
Weekly Market Pulse

Rates Hit a Seven-Week Low as Summer Buying Season Heats Up

Mortgage rates slipped to 6.43%, oil is back near pre-war levels, and June hiring cooled. Here is what it means for Central Utah buyers and sellers this summer.

Mountain valley landscape under summer skies
Weekly Market Pulse

Rates Steady at 6.49% as Oil Falls Back to Pre-War Levels

Six weeks of stable mortgage rates, oil back below $73, and a hot PCE report. We close out June with a mid-year look at Central Utah real estate.

Columns of a government building against a blue sky
Weekly Market Pulse

Fed Holds, Drops Its Easing Bias; Mortgage Rates Dip to 6.47%

The Fed held rates steady but nine officials now see a hike this year. Mortgage rates still dipped to 6.47%. Here is what it means in Central Utah.

Two-story suburban home with a green lawn
Weekly Market Pulse

Home Sales Hit a Five-Month High as Inflation Runs Hot

Rates ticked up to 6.52% as existing-home sales climbed to a five-month high and inflation hit 4.2%. Plus Utah's May numbers and a Fed meeting this week.

House keys held in front of a front door
Weekly Market Pulse

Rates Ease to 6.48% While Hiring Surprises to the Upside

A small break on mortgage rates to 6.48% met a stronger-than-expected May jobs report. We look at what it means for Central Utah buyers and sellers.

Oil pump jack at sunset
Weekly Market Pulse

Rates Hold Near 6.5% as Oil Cools and Inflation Stays Hot

Mortgage rates settled at 6.53% this week while oil prices tumbled on ceasefire hopes and inflation data ran hot. Here is the Central Utah view.

Federal Reserve building in Washington, D.C.
Weekly Market Pulse

Rates Jump to 6.51% as a New Fed Chair Takes Over

The 30-year rate rose to 6.51% this week while a new Fed chair took office and Utah's April home prices ticked up. Here is what it means for Central Utah.

Mountain valley landscape in rural Utah at sunrise
Weekly Market Pulse

Warsh Confirmed as Fed Chair, CPI Hits 3.8%, Rates Hold at 6.36%

Rates steadied at 6.36% as April inflation climbed to 3.8%, the Senate confirmed Kevin Warsh as Fed chair, and April existing-home sales edged up. Our Central Utah update.

New home under construction with wood framing
Weekly Market Pulse

New-Home Prices Hit 2021 Lows as the 30-Year Rate Rises to 6.37%

Rates rose for a second week to 6.37%, jobs beat expectations, new-home sales jumped and consumer sentiment hit an all-time low. What it means in Central Utah.

Federal Reserve building facade in Washington
Weekly Market Pulse

Fed Holds at 3.50%-3.75% With Four Dissents; Rates Tick Up to 6.30%

The Fed held steady with four dissents, GDP grew 2.0%, oil spiked to $126 and mortgage rates edged up to 6.30%. Our Central Utah take on a packed week.

Two-story home with a front porch and green lawn
Weekly Market Pulse

Mortgage Rates Fall to 6.23%, Lowest of the Last Three Springs

Rates fell for a third straight week to 6.23%, pending sales ticked up, and the ceasefire was extended indefinitely. Here is what it means before this week's Fed meeting.

House keys held in front of a new home
Weekly Market Pulse

30-Year Rate Hits Four-Week Low of 6.30% as Hormuz Reopens

Mortgage rates dropped to a four-week low of 6.30%, oil fell hard as the Strait of Hormuz reopened, and March existing-home sales slipped. Our Central Utah breakdown.

Oil pump jack against an evening sky
Weekly Market Pulse

Rates Ease to 6.37% as Ceasefire Sends Oil Tumbling

Mortgage rates slipped to 6.37% as a two-week ceasefire sent oil prices tumbling and March inflation came in hot on energy. Here is our Central Utah take.

Spring 2026 Central Utah Housing Market Update
Market Update

Spring 2026 Central Utah Housing Market Update

The Central Utah housing market is entering spring 2026 with more balance than we have seen in years. Rising inventory, stabilizing prices, and improved buyer leverage are creating favorable conditions.

Weekly Market Pulse April 3 2026
Weekly Market Pulse

Market in a Holding Pattern as April Begins

Mortgage rates hover near 6.46% as the market enters a holding pattern. Central Utah remains an affordable opportunity despite national headwinds.

Weekly Market Pulse March 27 2026
Weekly Market Pulse

Rates Hit 6.38% as Oil Stays Above $113

Mortgage rates reach a five-month high of 6.38% as oil prices remain elevated. How the market shift is affecting Central Utah real estate.

Weekly Market Pulse March 20 2026
Weekly Market Pulse

Fed Holds Steady, Signals One Rate Cut as Rates Hit 6.22%

The Federal Reserve holds rates at 3.5-3.75% and projects one cut this year. Mortgage rates climb to 6.22% amid Iran conflict uncertainty.

Weekly Market Pulse March 13 2026
Weekly Market Pulse

Oil Hits $120, Rates Jump to 6.11% as Conflict Escalates

Oil prices surge past $120 per barrel as the Iran conflict escalates, pushing mortgage rates to 6.11%. How rising energy costs affect Central Utah.

Weekly Market Pulse March 6 2026
Weekly Market Pulse

Iran Conflict Shakes Markets as Rates Reverse Course

US-Israeli airstrikes on Iran send oil prices surging and reverse the mortgage rate decline. What Central Utah buyers and sellers need to know.

Weekly Market Pulse February 27 2026
Weekly Market Pulse

Rates Drop Below 6% for the First Time in 3.5 Years

The 30-year fixed mortgage rate falls to 5.98%, the lowest since September 2022. What this milestone means for Central Utah buyers and sellers.

Weekly Market Pulse February 20 2026
Weekly Market Pulse

Mortgage Rates Flirt With the 5% Handle

The 30-year fixed drops to 6.01% this week as rates near levels not seen since 2022. What it means for Central Utah real estate.

Weekly Market Pulse February 13 2026
Weekly Market Pulse

Rates Continue Their Slide Into Spring

Mortgage rates trend lower as the spring market approaches. Here is what Central Utah buyers and sellers should know this week.

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