It's no secret that COVID has drastically impacted the global economy. In some regions, countless businesses have been forced to close their doors due to the sharp decline in revenue.

Interestingly, though, the economy of Utah remains one of the strongest in the nation. This is an especially attractive attribute for those who wish to buy or sell a home.

Not quite sure how to begin? We’ve got all the info you need. Let's explore everything you should keep in mind.

Tourism

For those who are unaware, the tourism industry is one of Utah's most profitable.

The state boasts five national parks, including the renowned Zion National Park. In fact, only Alaska and California have a higher number of national parks, making it one of the most…

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In the wake of the COVID-19 pandemic, the government has taken a number of steps to keep the economy thriving. One of these steps has been to lower interest rates. In fact, recently, the Federal Reserve dropped their rates to the minimum possible, enabling banks to pass savings along to their customers in the form of low interest rates. 

If you’ve been thinking about buying or refinancing a home, now is the time to act. Read on to discover some of the benefits you can reap from these low interest rates. 

How Interest Rates Impact Your Mortgage 

Before we dive into the ways that you can benefit from low interest rates, let’s talk some about the impact your interest rate has on your mortgage. Interest is the way the bank makes money on your loan –…

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