Current Rates

Alaska Housing sends out Daily Interest Rate email updates every day. If you'd like to receive those, just provide your email address! We will never share your contact information, and unsubscribe options are included with every email.

The Alaska Housing Closing Cost Assistance Program is currently offered through Academy Mortgage, First National Bank Alaska, Guild Mortgage, and Mt. McKinley Bank.

Single-Family Rates

Rates valid from 01/15/2021 to 01/15/2021

Loan Programs 30 Year 15 Year
First Home Limited & Veterans First Home Limited 2 2.625 2.250
Veterans Mortgage Program 2 2.625 2.250
First Home 3 2.750 2.375
My Home 3 2.875 2.500
Rural Owner Occupied 1 3 2.750 2.375
Rural Non-Owner Occupied 1 3.000 2.625
Uniquely Alaskan 3 3.125 2.750
Closing Cost Assistance Program 3.125 N/A

1 Rural Owner Occupied and Rural Non-Owner Occupied Loan Programs - Interest Rates are applied to the first $250,000 only. The balance is at the Rural Rate plus 1%.

2 New purchases under the First Home Limited, Veterans First Home Limited, and Veterans Mortgage Programs will receive these lower rates. Streamline Refinances under any of these programs will receive rate +0.25%.

3 Streamline Refinances under the First Home, My Home, Rural Owner Occupied, and Uniquely Alaskan Programs will receive the Rate +0.125%.

Multifamily Rates

For the week of January 11, 2021

Multifamily Programs Loan Amount 30 Year 15 Year
Taxable Loan Over $1,000,000 5.375 4.875
Taxable Loan $500,001 to 1,000,000 5.500 5.000
Taxable Loan Up to $500,000 5.625 5.125
Federally Insured Over $1,000,000 4.875 4.375
Federally Insured $500,000 to 1,000,000 5.000 4.500
Federally Insured Up to $500,000 5.125 4.625
Rural Loan 4 Up to $250,000 4.625 4.125
Loan Amount 10 Year 7 Year
Balloon Loan 5 Over $1,000,000 4.875 4.625
Balloon Loan 5 $500,000 to 1,000,000 5.000 4.750
Balloon Loan 5 Up to $500,000 5.125 4.875

4 Rural interest rate applies only to the initial $250,000 of the mortgage loan. Remaining loan balances are at the Taxable interest rate.

5 Balloon programs feature fixed terms of 7 or 10 years with 30-year amortizations.

Additional rate reductions are available for low- to moderate-income borrowers and for properties meeting energy efficiency criteria. It is the Seller's responsibility to apply the appropriate interest rate based on loan amount.

30-Day Rates History

We send out an email message every business day with that day’s rates. If you are interested to see how rates have changed over time, the last 30 days are listed in the table below.

Compare Date with Date


Period Term CCAP Rural Rural
Non-Own		 1rst Hm Lim & Vet VMP My Home Uniquely AK First Home
1/15/2021 30 Year 3.125 2.750 3.000 2.625 2.625 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/14/2021 30 Year 3.125 2.750 3.000 2.625 2.625 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/13/2021 30 Year 3.125 2.750 3.000 2.625 2.625 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/12/2021 30 Year 3.125 2.750 3.000 2.625 2.625 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/11/2021 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/8/2021 30 Year 3.000 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/7/2021 30 Year 3.000 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/6/2021 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/5/2021 30 Year 3.000 2.500 2.750 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
1/4/2021 30 Year 3.000 2.500 2.750 2.375 2.375 2.750 3.000 2.625
15 Year N/A 2.250 2.500 2.125 2.125 2.375 2.625 2.250
12/31/2020 30 Year 3.125 2.625 2.875 2.375 2.375 2.750 3.000 2.625
15 Year N/A 2.250 2.500 2.125 2.125 2.375 2.625 2.250
12/30/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/29/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/28/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/24/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/23/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/22/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/21/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/18/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.750 3.000 2.625
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/17/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/16/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/15/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/14/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/11/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/10/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/9/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/8/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/7/2020 30 Year 3.125 2.750 3.000 2.625 2.625 3.000 3.250 2.875
15 Year N/A 2.500 2.750 2.375 2.375 2.625 2.875 2.500
12/4/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375
12/3/2020 30 Year 3.125 2.625 2.875 2.500 2.500 2.875 3.125 2.750
15 Year N/A 2.375 2.625 2.250 2.250 2.500 2.750 2.375