Alaska Mortgage Rates (2026)

Current average mortgage rates, median home prices, and top lenders in Alaska. Rates apply to primary residence purchases with good credit (740+).

30yr Fixed

7.12%

Avg APR

15yr Fixed

6.52%

Avg APR

Median Price

$335,000

Median home

Monthly P&I

$1,787

30yr at 80% LTV

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Top Mortgage Lenders in Alaska

1

Rocket Mortgage

Online convenience

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

2

Chase

Existing customers

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30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

3

Wells Fargo

Branch access

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30yr Fixed

7.1%

15yr Fixed

6.5%

Min Down

3%

4

Bank of America

Preferred Rewards

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30yr Fixed

7%

15yr Fixed

6.4%

Min Down

3%

5

loanDepot

Low down payment

Get Rate

30yr Fixed

6.9%

15yr Fixed

6.3%

Min Down

3%

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First-Time Buyer Programs in Alaska

  • Alaska Housing First-Time Homebuyer Program
  • AK Tax-Exempt Bond Program

Mortgage Requirements in Alaska

  • Min 620 credit score
  • DTI under 45%
  • 3.5% down (FHA) or 0% for VA/USDA eligible buyers

Alaska Housing Market Facts

Alaska Housing Finance Corporation (AHFC) offers below-market rates.
Anchorage accounts for ~40% of all home sales in Alaska.
Cold climate increases insurance and maintenance costs.

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Compare Mortgage Rates in Other States