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Alaska Conventional Mortgage Rates

PRODUCTS RATES +/-
30 Year Fixed 2.71%
15 Year Fixed 2.56%
5/1 ARM 4.56%
Wednesday, May 01, 2024

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Mortgage rates for Alaska go down to 2.71%

Wednesday, May 1, 2024

Mortgage rates for Alaska on Lender411 for 30-year fixed-rate mortgages are at 2.71%. That dropped from 3.00% to 2.71%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Alaska is now at 4.56%.

 

Conventional Mortgage Rates & Loan Limits in Alaska

A conventional mortgage loan is a home loan that is not backed directly by the federal government such as the FHA and VA loans. However, conforming conventional mortgage loans follow the terms and conditions set by the government sponsored enterprises (GSEs): Freddie Mac and Fannie Mae. When buying a home in Alaska or refinancing your existing mortgage, a conventional mortgage should definitey be an option. Conventional mortgages  have low closing costs and flexible payment options. Check out our main page on Conventional Home Mortgage Rates.

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