The average VA home loan amount in Utah during the fourth quarter of the fiscal year 2023 was $485,228, a 1.5% decrease from the previous quarter, according to the Veterans Affairs Home Loans Index.
With $485,228 in home loans issued, Utah ranked ninth in average loan amount for VA home loans in the fourth quarter of fiscal year 2023, according to the Veterans' Affairs Home Loans Index.
The average VA Purchase Loan amount for Utah in the fourth quarter of fiscal year 2023 was $498,577, according to figures provided by the Veterans Affairs Home Loans Index.
The number of VA purchase loans in Utah for 2023 was 2,446 and totaled $1.2 billion, according to figures provided by the Veterans Affairs Home Loans Index.
The VA issued 3,078 Interest Rate Reduction Refinance Loans in Utah during the 2023 fiscal year, totaling $1.5 billion, according to figures provided by the Veterans Affairs Home Loans Index.
As of January 2024, Utah experienced a 20.4% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 17.9% increase.
Attorney General of Utah Sean D. Reyes (R) joined more than two dozen state attorneys general in signing a letter to President Joe Biden and Homeland Security Security Aljandro Mayorkas in support of “Governor Abbott’s efforts to secure our border.”
The U.S. Department of Veterans Affairs (VA) issued 831 home loans totaling $403.2 million in Utah during the fourth quarter of the fiscal year 2023, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Utah for the fourth quarter of the fiscal year 2023 averaged $515,864, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Utah in the third quarter of fiscal year 2023 was $508,264, according to figures provided by the Veterans Affairs Home Loans Index
Utah collected $31 million in miscellaneous tax revenue during the fourth quarter of 2023, a 20.5% decrease from the same period the previous year when $39 million was reported, according to the U.S. Census Bureau's Quarterly Summary of State and Local Taxes.