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 2/21/2020 to 2/21/2020

Loan Programs 30 Year 15 Year
First Home Limited & Veterans First Home Limited2 3.250 2.875
Veterans Mortgage Program2 3.250 3.000
First Home 3.375 3.000
My Home 3.500 3.125
Rural Owner Occupied1 3.375 3.000
Rural Non-Owner Occupied1 3.625 3.250
Uniquely Alaskan 3.750 3.375
Closing Cost Assistance Program 4.625 N/A


Multifamily Rates

For the week of February 17, 2020

Multifamily Programs Loan Amount 30 Year 15 Year
Taxable Loan Over $1,000,000 5.750 5.125
Taxable Loan $500,001 to 1,000,000 5.875 5.250
Taxable Loan Up to $500,000 6.000 5.375
Federally Insured Over $1,000,000 5.250 4.625
Federally Insured $500,000 to 1,000,000 5.375 4.750
Federally Insured Up to $500,000 5.500 4.875
Rural Loan3 Up to $250,000 5.000 4.375
Loan Amount 10 Year 7 Year
Balloon Loan4 Over $1,000,000 5.375 5.250
Balloon Loan4 $500,000 to 1,000,000 5.500 5.375
Balloon Loan4 Up to $500,000 5.625 5.500

 

Additional rate reductions are available for low- to moderate- income borrowers and for properties meeting energy efficiency criteria.

It is the Sellers responsibility to apply the appropriate interest rate based on loan amount.

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 For a limited time, new purchases under the Tax-Exempt First-Time Homebuyer, Veterans Tax-Exempt and Veterans Mortgage Programs will receive these lower rates. Streamline Refinances under any of these programs will receive rate +0.25%.

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

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

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
2/20/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/19/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/18/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/14/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/13/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/12/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/11/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/10/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/7/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/6/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/5/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/4/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
2/3/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/31/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/30/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/29/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/28/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/27/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.500 3.750 3.375
15 Year N/A 3.000 3.250 2.875 3.000 3.125 3.375 3.000
1/24/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/23/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/22/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/21/2020 30 Year 4.625 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/17/2020 30 Year 4.875 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/16/2020 30 Year 4.875 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/15/2020 30 Year 4.875 3.375 3.625 3.250 3.250 3.625 3.875 3.500
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/14/2020 30 Year 4.875 3.500 3.750 3.250 3.250 3.750 4.000 3.625
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/13/2020 30 Year 4.875 3.500 3.750 3.250 3.250 3.750 4.000 3.625
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/10/2020 30 Year 4.875 3.500 3.750 3.250 3.250 3.750 4.000 3.625
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/9/2020 30 Year 4.875 3.500 3.750 3.250 3.250 3.750 4.000 3.625
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125
1/8/2020 30 Year 4.875 3.500 3.750 3.250 3.250 3.750 4.000 3.625
15 Year N/A 3.125 3.375 3.000 3.000 3.250 3.500 3.125