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Mortgage rates in Utah have dropped to their lowest average in nearly a year.

Despite a national increase in mortgage applications, Utah's market remains challenging.

Experts advise potential buyers to prepare now for future rate drops and opportunities.

SANDY — Mortgage rates have hit their lowest level in nearly a year. According to Freddie Mac , the weekly average rate hit 6.58%, which hasn't happened since October.

The drop has sparked an increase in mortgage applications nationally, but is it making any real impact on buyers in Utah's difficult housing market?

Trevor Thompson, a real estate agent since 2005, has seen a lot over 20 years in the business. Lately, he's been watching rates closely.

"We have been waiting for rates to

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