HOME LOAN RATES

APR is accurate as of January 27, 2023

There are many factors that go into setting mortgage rates for individual loans.  To ensure that you receive the lowest rate possible for your purchase or refinance contact one of our mortgage advisers or visit our Mortgage Center so we can get you the best rate for your specific situation.

Conventional Rates

Type Rate APR * Monthly P&I **
30 year fixed 6.125% 6.220% $1093.70
20 year fixed 5.875% 6.000% $1276.63
15 year fixed 5.250% 5.319% $1446.98

Alaska Housing 15 Year Fixed Rate

Type Rate APR * Monthly P&I **
1st Time Homebuyer Tax Exempt 5.000% 5.404% $1446.98
Rural Property 5.250% 5.404% $1446.98
Taxable 5.500% 5.655% $1470.75
Taxable First - Time Homebuyer 5.375% 5.530% $1458.84
Nonconforming  5.750% 5.906% $1494.74
Veterans Mortgage Program 5.125% 5.278% $1435.18

Alaska Housing 30 Year Fixed Rate

Type Rate APR* Monthly P&I **
1st Time Homebuyer Tax Exempt 5.500% 5.591% $1022.02
Rural Property 5.750% 5.843% $1050.43
Taxable 6.000% 6.094% $1093.70
Taxable First Time Homebuyer 5.875% 5.968%

$1064.77

Nonconforming 1 6.250% 6.345% $1108.29
Veterans Mortgage Program 5.625% 5.717%

$1036.18

*Annual Percentage Rate (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.  Annual Percentage Rate is subject to change.

**Monthly P&I represents the monthly principal and interest payment based on a loan amount of $180,000 at the stated rate and term.