Mortgages Archives - Utah First Credit Union

Couple in front of illustrated home considering refinancing

May 04, 2026 / Mortgages

Should You Refinance to a 15-Year Mortgage?

What would you do with an extra $200,000? For many homeowners, that’s roughly what’s on the table when they refinance from a 30-year mortgage to a 15-year mortgage — not as a check in the mail, but as interest they never have to pay in the first place. A 15-year refi isn’t the right move…

Feb 19, 2026 / Money Tips

To Refi or Not to Refi? 6 Mortgage Questions to Ask Yourself

If you’re a Utah homeowner, you’ve probably asked yourself at some point, “When is the right time to refinance my home?” Totally fair question, and the answer is different for everyone. Refinancing can be a super savvy move when it fits your life, goals, and timing. Whether you’re looking to lower your monthly payment,…

Dec 15, 2025 / Mortgages

Your Totally Doable Guide to First-Time Homebuying in Utah

Dreaming of homeownership but aren’t sure where to start? Totally understandable. Buying your first home can feel like learning a new language. Thankfully, you don’t need to be an expert in finance to buy your first house. You just need the right partner (hey — that’s us!) to guide you through it! At Utah…

Jun 17, 2025 / Home Equity

Fixed Rate HELOC vs. Traditional HELOC

Every HELOC can help you achieve your personal goals—upgrade your home, put together a big event, or plan a dream vacation. It’s a great way to have extra cash on hand for any reason, big or small. But not all HELOCs are alike. In fact,…

Jun 25, 2020 / Mortgages

Is now a good time to buy a home?

As the economy begins to rebound and life starts to get back to normal, many people are still wondering whether now is a good time to buy a home. The short answer is yes. Both 30-year mortgage rates and 15-year mortgage rates are at all-time…

May 12, 2020 / Mortgages

Big Benefits of Refinancing Your Mortgage

Mortgage interest rates are hitting historic lows, and homeowners are wondering whether now is good time to refinance. The answer to that question depends on your individual circumstances, but refinancing usually provides at least one of these benefits. Lower Payments If you decide to refinance…

Apr 07, 2020 / Money Tips

4 Ways to Weather a Financial Storm

Have you ever been outdoors when the weather turned suddenly? The skies darken and the rain starts to pour, and your natural response is to take cover. You want to stay safe and comfortable, and wait for the weather to improve. The same applies to…

Jun 11, 2019 / Home Equity

What is a Jumbo Loan?

If you’re in the market for a home with a mortgage over the traditional home loan limit of $484,350, you may also be in the market for a jumbo loan. Other than sounding somewhat intimidating, a jumbo loan is different from a traditional home mortgage…

Sep 18, 2018 / Mortgages

How Does a Home Refinance Work?

A lot goes into buying a home. You have your list of needs and wants, and even a few things you ultimately decide you can live without. It’s not an exact science for sure, but you do the best you can with what’s available on…

Sep 12, 2018 / Money Tips

How a Loan Calculator Can Help You Find the Perfect Home

In the search for the perfect home, everyone has their list of must-haves. From location and home size to neighborhood and number of bedrooms, the perfect home means something different to every buyer. But while one person’s must-haves are another person’s indifference, buying the perfect…