Mortgage Rates

Rates Last Updated 07/28/2010

Conventional Rates
Type	Rate	APR1	Monthly P&I2
30 Year Fixed	4.375%	4.460%	$898.71
15 Year Fixed	3.875%	3.957%	$1,320.19

FHA/VA Rates
Type	Rate	APR1	Monthly P&I2
FHA/VA 30 Year Fixed	5.500%	5.591%	$1,022.02
FHA/VA 15 Year Fixed	5.375%	5.530%	$1,458.84

Alaska Housing 30 Year Fixed Rate
Type	Rate	APR1	Monthly P&I2
1st Time Home Buyer	4.250%	4.335%	$885.49
Rural Property	4.375%	4.460%	$898.71

1. APR assumes a 20% down payment on a loan amount of $180,000 at the stated term, in years, with a 1% origination fee. If the down payment is less than 20%, mortgage insurance may be needed which could increase the payment and APR.
2. Monthly P&I represents the monthly principal and interest payment based on loan amount of $180,000 at the stated rate and term.

Rate Reduction Programs
Interest rate reduction for low income borrowers	Up to 1% off above rates for qualified borrowers.
Energy efficiency rate reduction	Up to .5% off above rates for qualified borrowers.