The VA’s Interest Rate Reduction Refinance Loans in Utah for the first quarter of the fiscal year 2024 averaged $469,646, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Utah in the first quarter of fiscal year 2024 was $494,793, according to figures provided by the Veterans Affairs Home Loans Index.
The U.S. Department of Veterans Affairs (VA) issued 594 home loans totaling $287.5 million in Utah during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The third quarter of 2023 brought in $1.3 billion in individual income tax revenue for Utah, a 45% decrease from the second quarter of 2023, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.
As of March 2024, Utah experienced a 21.6% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.