Special offer

Alaska Housing Interest Rates July 9,2009 Time to Buy!

By
Real Estate Broker/Owner with Bay Realty,Inc Homer Alaska

Rainbow over the Spit

Interest Rate Summary for Alaska Housing Finance!  Time To Buy!

Rates valid from 7/09/09 to 7/09/09  

Loan Programs

30 Year

Factor

15 Year

Factor

Rural Housing *

5.375

.005600

5.000

.007908

Rural Non-Owner Occupied *

5.375

.005600

5.000

.007908

Tax-Exempt First-Time Homebuyer and Veterans Tax-Exempt **

5.125

.005445

4.875

.007843

Veterans Mortgage Program **

5.250

.005522

5.000

.007908

Taxable

5.625

.005757

5.250

.008039

Non-conforming

5.875

.005915

5.500

.008171

Taxable First-Time Homebuyer

5.500

.005678

5.125

.007973

* Rural Housing 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%.   

** 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 Refinaces under any of these programs will receive rate +0.50%.   

http://www.ahfc.state.ak.us/loans/interest_rates.cfm    check this site out for more information!

Don't forget the $7,500 Rebate for 5 star plus energy rated new contruction! Add the $8,000 tax credit for first time home buyer and WOW!!!  Call me for more information!

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