FAIRBANKS Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Fairbanks averaged 6.69% for the week of 2025-05-22, compared to the national average of 6.86% for the same period.

    The average rate for the prior week (2025-05-15) was 6.94% and one month ago for the week of 2025-04-17, the average rate was 7.06%.

    Fairbanks's average rate one year ago was 6.85%.

    For refis of the same type during the week of 2025-05-22, the average rate was 7.16%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-05-22 6.86%
    Fairbanks 30 Year Fixed Rate 2025-05-22 6.69%
    Fairbanks 30 Year Fixed Rate Refi 2025-05-22 7.16%
    Fairbanks 15 Year Fixed Rate 2025-05-22 5.81%
    Fairbanks 15 Year Fixed Rate Refi 2025-05-22 6.41%
    Fairbanks 30 Year FHA 2025-05-22 6.45%
    Fairbanks 30 Year FHA Refi 2025-05-22 6.51%
    Fairbanks 30 Year USDA 2025-05-22 6.23%
    Fairbanks 30 Year USDA Refi 2025-05-22 6.23%
    Fairbanks 30 Year VA 2025-05-22 6.58%
    Fairbanks 30 Year VA Refi 2025-05-22 6.07%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within FAIRBANKS, AK.

    FAIRBANKS Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the FAIRBANKS, AK market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    NEWREZ LLC 69 7.09% $5,481
    Alaska USA Federal Credit Union 45 6.62% $4,791
    QUICKEN LOANS, LLC 24 6.76% $7,809
    RESIDENTIAL MORTGAGE, LLC 22 6.51% $4,275
    GUILD MORTGAGE COMPANY 16 6.21% $6,931
    CROSSCOUNTRY MORTGAGE, LLC 15 6.58% $4,146
    The Loan Store, Inc. 13 6.09% $4,566
    CORNERSTONE HOME LENDING, INC. 10 6.73% $5,678
    First National Bank Alaska 8 6.69% $5,848
    GUARANTEED RATE, INC. 7 6.96% $4,887
    Wells Fargo Bank 7 6.77% $4,853
    NuVision Federal Credit Union 5 6.05% $7,545
    UNITED WHOLESALE MORTGAGE, LLC 5 7.80% $5,281
    USAA Federal Savings Bank 4 6.69% $6,532
    NAVY FEDERAL CREDIT UNION 4 6.47% $2,236
    CREDIT UNION 1 3 6.08% $2,447
    Mortgage Research Center, LLC 3 6.92% $3,882
    PRIMELENDING, A PLAINSCAPITAL COMPANY 3 7.17% $4,716
    KeyBank 2 7.06% $8,230
    ALLIANT CREDIT UNION 2 6.06% $2,875
    ARK-LA-TEX FINANCIAL SERVICES, LLC. 2 7.25% $3,066
    BMO Harris Bank 2 7.44% $3,052
    CMG MORTGAGE, INC. 2 7.31% $5,768
    Goldman Sachs Bank USA 2 5.98% $5,588
    MOVEMENT MORTGAGE, LLC 1 6.99% $3,498
    Mr. Cooper ( Nationstar Mortgage ) 1 7.13% $8,104
    LOANDEPOT.COM, LLC 1 7.13% $10,377
    NBKC BANK 1 6.13% $1,739
    HOMEOWNERS FINANCIAL GROUP USA, LLC 1 6.50% $5,728
    Northpointe Bank 1 7.00% $8,743
    HOMEBRIDGE FINANCIAL SERVICES, INC. 1 7.13% $8,092
    PENNYMAC LOAN SERVICES, LLC 1 5.75% $12,098
    Plains Commerce Bank 1 5.50% $9,021
    PLAZA HOME MORTGAGE, INC. 1 6.38% $4,269
    CITY FIRST MORTGAGE SERVICES, L.L.C. 1 6.00% $4,537
    Century Mortgage Company DBA Century Lending Company 1 6.99% $4,316
    CANOPY MORTGAGE, LLC 1 7.13% $11,332
    Royal Credit Union 1 6.99% $6,293
    CALCON MUTUAL MORTGAGE LLC 1 6.38% $9,542
    BROKER SOLUTIONS, INC. 1 6.88% $7,562
    Bank of England 1 7.50% $7,339
    AMERISAVE MORTGAGE CORPORATION 1 8.50% $9,106

    FAIRBANKS Average Closing Costs & Other Stats

    FAIRBANKS, AK's 42 lenders originated 1,477 loans during 2024. The total origination value was $414,675,000, with an average loan value of $280,755.

    FAIRBANKS's average closing costs are $6,535.

    The top FAIRBANKS lender as defined by loan originations is NEWREZ LLC, with 69 loans originated. Their average total fees are $5,481, which is $689 higher than the next largest lender, Alaska USA Federal Credit Union.

    The lowest fee FAIRBANKS lenders (with over 10 loans originated) are CROSSCOUNTRY MORTGAGE, LLC ($4,146), RESIDENTIAL MORTGAGE, LLC ($4,275), The Loan Store, Inc. ($4,566), Alaska USA Federal Credit Union ($4,791) and NEWREZ LLC ($5,481).

    The lowest rate FAIRBANKS lenders (with over 10 loans originated) are The Loan Store, Inc. (6.09%), GUILD MORTGAGE COMPANY (6.21%), RESIDENTIAL MORTGAGE, LLC (6.51%), CROSSCOUNTRY MORTGAGE, LLC (6.58%) and Alaska USA Federal Credit Union (6.62%).

    FAIRBANKS, AK Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    NEWREZ LLC $71,650,000 $81,660,000 14.0% 19.7%
    Alaska USA Federal Credit Union $27,870,000 $41,840,000 50.1% 10.1%
    Mortgage Research Center, LLC $33,185,000 $34,185,000 3.0% 8.2%
    Mt. McKinley Bank $35,830,000 $27,285,000 -23.8% 6.6%
    Denali State Bank $31,620,000 $27,120,000 -14.2% 6.5%
    RESIDENTIAL MORTGAGE, LLC $20,035,000 $26,775,000 33.6% 6.5%
    QUICKEN LOANS, LLC $12,215,000 $16,290,000 33.4% 3.9%
    CROSSCOUNTRY MORTGAGE, LLC $13,630,000 $14,000,000 2.7% 3.4%
    PENNYMAC LOAN SERVICES, LLC $2,665,000 $12,655,000 374.9% 3.1%
    GUILD MORTGAGE COMPANY $8,310,000 $11,930,000 43.6% 2.9%
    CORNERSTONE HOME LENDING, INC. $14,835,000 $10,410,000 -29.8% 2.5%
    The Loan Store, Inc. $9,775,000 n/a 2.4%
    UNITED WHOLESALE MORTGAGE, LLC $19,515,000 $7,920,000 -59.4% 1.9%
    First National Bank Alaska $1,970,000 $7,735,000 292.6% 1.9%
    USAA Federal Savings Bank $6,630,000 $7,370,000 11.2% 1.8%
    SPIRIT OF ALASKA $3,835,000 $6,105,000 59.2% 1.5%
    NAVY FEDERAL CREDIT UNION $9,915,000 $5,420,000 -45.3% 1.3%
    GUARANTEED RATE, INC. $5,015,000 $5,030,000 0.3% 1.2%
    LAKEVIEW LOAN SERVICING, LLC $580,000 $4,075,000 602.6% 1.0%
    FREEDOM MORTGAGE CORPORATION $1,440,000 $3,835,000 166.3% 0.9%
    NuVision Federal Credit Union $2,365,000 $3,785,000 60.0% 0.9%
    MOVEMENT MORTGAGE, LLC $1,860,000 $3,035,000 63.2% 0.7%
    Mr. Cooper ( Nationstar Mortgage ) $1,615,000 $2,435,000 50.8% 0.6%
    PLAZA HOME MORTGAGE, INC. $2,370,000 n/a 0.6%
    Wells Fargo Bank $2,890,000 $2,240,000 -22.5% 0.5%
    AmeriHome Mortgage Company, LLC $2,140,000 n/a 0.5%
    LOANDEPOT.COM, LLC $2,180,000 $1,940,000 -11.0% 0.5%
    VILLAGE CAPITAL MORTGAGE $630,000 $1,740,000 176.2% 0.4%
    NBKC BANK $1,500,000 $1,685,000 12.3% 0.4%
    CREDIT UNION 1 $5,545,000 $1,615,000 -70.9% 0.4%
    BROKER SOLUTIONS, INC. $2,110,000 $1,520,000 -28.0% 0.4%
    KeyBank $2,255,000 $1,425,000 -36.8% 0.3%
    U.S. Bank $55,000 $1,275,000 2,218.2% 0.3%
    Goldman Sachs Bank USA $1,210,000 n/a 0.3%
    Plains Commerce Bank $1,505,000 $1,195,000 -20.6% 0.3%
    Community First National Bank $940,000 $1,135,000 20.7% 0.3%
    Armed Forces Bank $375,000 $1,120,000 198.7% 0.3%
    NEW DAY FINANCIAL, LLC $1,005,000 $1,110,000 10.4% 0.3%
    CANOPY MORTGAGE, LLC $975,000 n/a 0.2%
    AMERICAN FINANCING CORPORATION $875,000 $915,000 4.6% 0.2%
    CMG MORTGAGE, INC. $750,000 $885,000 18.0% 0.2%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $1,270,000 $870,000 -31.5% 0.2%
    PENTAGON FEDERAL CREDIT UNION $180,000 $835,000 363.9% 0.2%
    BMO Harris Bank $455,000 $820,000 80.2% 0.2%
    ALLIANT CREDIT UNION $770,000 n/a 0.2%
    Bank of America $180,000 $725,000 302.8% 0.2%
    AMERISAVE MORTGAGE CORPORATION $1,950,000 $640,000 -67.2% 0.2%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $1,250,000 $620,000 -50.4% 0.1%
    Barrington Bank & Trust Company, N.A. $630,000 $610,000 -3.2% 0.1%
    The Federal Savings Bank $1,615,000 $600,000 -62.8% 0.1%
    Northpointe Bank $355,000 $490,000 38.0% 0.1%
    NP, Inc. $465,000 n/a 0.1%
    First Federal Bank $445,000 n/a 0.1%
    Discover Bank $680,000 $430,000 -36.8% 0.1%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $425,000 n/a 0.1%
    ARK-LA-TEX FINANCIAL SERVICES, LLC. $420,000 n/a 0.1%
    JPMorgan Chase Bank $855,000 $375,000 -56.1% 0.1%
    RESIDENTIAL BANCORP $350,000 n/a 0.1%
    Brighton Bank $345,000 n/a 0.1%
    PLANET HOME LENDING, LLC $425,000 $345,000 -18.8% 0.1%
    Sunflower Bank $405,000 $325,000 -19.8% 0.1%
    SUN WEST MORTGAGE COMPANY, INC. $125,000 $325,000 160.0% 0.1%
    BOKF $315,000 n/a 0.1%
    Coastal Community Bank $345,000 $315,000 -8.7% 0.1%
    Figure Lending LLC $380,000 $310,000 -18.4% 0.1%
    MUTUAL OF OMAHA MORTGAGE, INC. $975,000 $305,000 -68.7% 0.1%
    Century Mortgage Company DBA Century Lending Company $285,000 n/a 0.1%
    MID AMERICA MORTGAGE, INC. $295,000 $285,000 -3.4% 0.1%
    Royal Credit Union $285,000 n/a 0.1%
    Citizens Bank $275,000 n/a 0.1%
    Carrington Mortgage Services, LLC $1,045,000 $265,000 -74.6% 0.1%
    CITY FIRST MORTGAGE SERVICES, L.L.C. $255,000 n/a 0.1%
    Ally Bank $245,000 n/a 0.1%
    CALCON MUTUAL MORTGAGE LLC $245,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $235,000 n/a 0.1%
    Prosperity Home Mortgage, LLC $355,000 $235,000 -33.8% 0.1%
    Bank of England $425,000 $225,000 -47.1% 0.1%
    HOMEOWNERS FINANCIAL GROUP USA, LLC $165,000 n/a 0.0%
    Deere Employees Credit Union $145,000 n/a 0.0%
    ROUNDPOINT MORTGAGE SERVICING CORPORATION $135,000 n/a 0.0%
    TRUE NORTH FEDERAL CREDIT UNION $130,000 n/a 0.0%

    FAIRBANKS's top lender by overall market share is NEWREZ LLC, with 19.7% market share. In second place, with 10.1%, is Alaska USA Federal Credit Union, having originated $41,840,000 in loans. In third place, with 8.2%, is Mortgage Research Center, LLC, having originated $34,185,000 in loans. In fourth place, with 6.6%, is Mt. McKinley Bank, having originated $27,285,000 in loans. In fifth place, with 6.5%, is Denali State Bank, having originated $27,120,000 in loans.

    FAIRBANKS Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - FAIRBANKS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $199,650 (-0.1%) $205,187 (0.1%) 0.00 249
    2018-02-01 $199,200 (2.3%) $202,471 (-1.1%) 0.00 249
    2018-03-01 $209,900 (5.0%) $217,187 (1.4%) 0.00 300
    2018-04-01 $215,500 (7.8%) $228,412 (7.1%) 0.00 318
    2018-05-01 $217,225 (8.7%) $230,186 (8.9%) 0.00 333
    2018-06-01 $219,950 (8.9%) $233,210 (9.2%) 0.00 405
    2018-07-01 $233,650 (11.3%) $237,025 (9.1%) 0.00 473
    2018-08-01 $229,950 (8.8%) $236,458 (8.3%) 0.00 513
    2018-09-01 $229,900 (9.5%) $232,113 (6.2%) 0.00 488
    2018-10-01 $223,850 (9.2%) $225,466 (7.0%) 0.00 451
    2018-11-01 $222,450 (11.5%) $225,133 (10.2%) 0.00 404
    2018-12-01 $219,900 (11.6%) $225,804 (10.0%) 0.00 354
    2019-01-01 $214,900 (7.6%) $221,481 (7.9%) 0.00 301
    2019-02-01 $223,125 (12.0%) $225,758 (11.5%) 0.00 296
    2019-03-01 $226,071 (7.7%) $227,912 (4.9%) 0.00 322
    2019-04-01 $224,950 (4.4%) $229,335 (0.4%) 0.00 357
    2019-05-01 $224,938 (3.6%) $235,787 (2.4%) 0.00 400
    2019-06-01 $231,451 (5.2%) $242,717 (4.1%) 0.00 450
    2019-07-01 $232,700 (-0.4%) $246,377 (4.0%) 0.00 443
    2019-08-01 $230,809 (0.4%) $239,571 (1.3%) 0.00 427
    2019-09-01 $224,673 (-2.3%) $232,896 (0.3%) 0.00 404
    2019-10-01 $220,425 (-1.5%) $228,446 (1.3%) 0.00 379
    2019-11-01 $219,900 (-1.2%) $229,928 (2.1%) 0.00 296
    2019-12-01 $214,950 (-2.3%) $220,553 (-2.3%) 0.00 241
    2020-01-01 $215,000 (0.1%) $224,468 (1.4%) 0.00 205
    2020-02-01 $215,000 (-3.6%) $227,187 (0.6%) 0.00 210
    2020-03-01 $222,400 (-1.6%) $235,591 (3.4%) 0.00 247
    2020-04-01 $227,500 (1.1%) $239,343 (4.4%) 0.00 256
    2020-05-01 $231,500 (2.9%) $245,753 (4.2%) 0.00 270
    2020-06-01 $231,375 (0.0%) $245,968 (1.3%) 0.00 277
    2020-07-01 $230,250 (-1.1%) $245,632 (-0.3%) 0.00 288
    2020-08-01 $251,450 (8.9%) $261,092 (9.0%) 0.00 274
    2020-09-01 $228,675 (1.8%) $240,268 (3.2%) 0.00 223
    2020-10-01 $215,000 (-2.5%) $235,906 (3.3%) 0.00 209
    2020-11-01 $202,475 (-7.9%) $231,544 (0.7%) 0.00 192
    2020-12-01 $203,625 (-5.3%) $234,055 (6.1%) 0.00 151
    2021-01-01 $212,400 (-1.2%) $240,286 (7.1%) 0.00 119
    2021-02-01 $203,725 (-5.2%) $238,577 (5.0%) 0.00 109
    2021-03-01 $222,200 (-0.1%) $247,277 (5.0%) 0.00 103
    2021-04-01 $245,475 (7.9%) $271,699 (13.5%) 0.00 105
    2021-05-01 $247,450 (6.9%) $281,166 (14.4%) 0.00 112
    2021-06-01 $249,950 (8.0%) $285,053 (15.9%) 0.00 152
    2021-07-01 $239,900 (4.2%) $265,535 (8.1%) 0.00 195
    2021-08-01 $249,900 (-0.6%) $278,429 (6.6%) 0.00 243
    2021-09-01 $249,975 (9.3%) $278,792 (16.0%) 0.00 225
    2021-10-01 $245,000 (14.0%) $276,245 (17.1%) 0.00 192
    2021-11-01 $241,900 (19.5%) $284,235 (22.8%) 0.00 142
    2021-12-01 $262,700 (29.0%) $302,505 (29.3%) 0.00 104
    2022-01-01 $249,450 (17.4%) $302,647 (26.0%) 0.00 81
    2022-02-01 $251,450 (23.4%) $321,373 (34.7%) 0.00 74
    2022-03-01 $300,000 (35.0%) $343,378 (38.9%) 0.00 83
    2022-04-01 $329,900 (34.4%) $355,285 (30.8%) 0.00 95
    2022-05-01 $339,450 (37.2%) $358,950 (27.7%) 0.00 116
    2022-06-01 $339,900 (36.0%) $355,100 (24.6%) 0.00 185
    2022-07-01 $339,900 (41.7%) $346,816 (30.6%) 0.00 279
    2022-08-01 $339,900 (36.0%) $347,793 (24.9%) 0.00 285
    2022-09-01 $342,450 (37.0%) $347,843 (24.8%) 0.00 263
    2022-10-01 $329,450 (34.5%) $341,346 (23.6%) 0.00 236
    2022-11-01 $328,450 (35.8%) $345,690 (21.6%) 0.00 203
    2022-12-01 $325,000 (23.7%) $341,510 (12.9%) 0.00 178
    2023-01-01 $315,750 (26.6%) $331,543 (9.6%) 0.00 144
    2023-02-01 $324,700 (29.1%) $338,502 (5.3%) 0.00 128
    2023-03-01 $330,000 (10.0%) $353,860 (3.1%) 0.00 121
    2023-04-01 $349,900 (6.1%) $367,403 (3.4%) 0.00 133
    2023-05-01 $350,000 (3.1%) $383,611 (6.9%) 0.00 138
    2023-06-01 $333,000 (-2.0%) $349,071 (-1.7%) 0.00 153
    2023-07-01 $321,000 (-5.6%) $340,681 (-1.8%) 0.00 207
    2023-08-01 $313,400 (-7.8%) $331,702 (-4.6%) 0.00 237
    2023-09-01 $320,000 (-6.6%) $333,201 (-4.2%) 0.00 274
    2023-10-01 $318,750 (-3.3%) $333,217 (-2.4%) 0.00 235
    2023-11-01 $312,400 (-4.9%) $322,389 (-6.7%) 0.00 221
    2023-12-01 $300,000 (-7.7%) $318,045 (-6.9%) 0.00 194
    2024-01-01 $305,400 (-3.3%) $316,621 (-4.5%) 0.00 166
    2024-02-01 $320,750 (-1.2%) $326,579 (-3.5%) 0.00 142
    2024-03-01 $309,000 (-6.4%) $320,703 (-9.4%) 0.00 133
    2024-04-01 $322,450 (-7.9%) $324,302 (-11.7%) 0.00 127
    2024-05-01 $317,475 (-9.3%) $337,876 (-11.9%) 0.00 144
    2024-06-01 $325,000 (-2.4%) $337,653 (-3.3%) 0.00 165
    2024-07-01 $322,588 (0.5%) $337,073 (-1.1%) 0.00 207
    2024-08-01 $315,000 (0.5%) $341,797 (3.0%) 0.00 248
    2024-09-01 $322,225 (0.7%) $340,789 (2.3%) 0.00 236
    2024-10-01 $327,475 (2.7%) $343,075 (3.0%) 0.00 204
    2024-11-01 $329,900 (5.6%) $342,604 (6.3%) 0.00 175
    2024-12-01 $327,450 (9.2%) $351,582 (10.5%) 0.00 150
    2025-01-01 $329,975 (8.1%) $371,292 (17.3%) 0.00 123
    2025-02-01 $329,500 (2.7%) $367,639 (12.6%) 0.00 107
    2025-03-01 $335,000 (8.4%) $359,967 (12.2%) 0.00 126
    2025-04-01 $325,000 (0.8%) $359,102 (10.7%) 0.00 139
    FAIRBANKS's median listing price for 2025-04-01 was $325,000, a difference of $2,550 (0.8%) versus the prior year and $-10,000 versus the prior month.

    FAIRBANKS's median listing price comes in at 0% of the national average.

    FAIRBANKS's average listing price for 2025-04-01 was $359,102, a difference of $34,800 (10.7%) versus the prior year and $-865 versus the prior month.

    For the 2025-04-01 period, FAIRBANKS had 139 MLS listings, a difference of 13 listings (10%) versus the prior month and 12 listings (9%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - FAIRBANKS (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,560 sqft
    2018-02-01 0 days 1,545 sqft
    2018-03-01 0 days 1,568 sqft
    2018-04-01 0 days 1,600 sqft
    2018-05-01 0 days 1,600 sqft
    2018-06-01 0 days 1,607 sqft
    2018-07-01 0 days 1,694 sqft
    2018-08-01 0 days 1,678 sqft
    2018-09-01 0 days 1,667 sqft
    2018-10-01 0 days 1,606 sqft
    2018-11-01 0 days 1,605 sqft
    2018-12-01 0 days 1,604 sqft
    2019-01-01 0 days 1,600 sqft
    2019-02-01 0 days 1,607 sqft
    2019-03-01 0 days 1,575 sqft
    2019-04-01 0 days 1,553 sqft
    2019-05-01 0 days 1,603 sqft
    2019-06-01 0 days 1,689 sqft
    2019-07-01 0 days 1,759 sqft
    2019-08-01 0 days 1,745 sqft
    2019-09-01 0 days 1,700 sqft
    2019-10-01 0 days 1,650 sqft
    2019-11-01 0 days 1,596 sqft
    2019-12-01 0 days 1,578 sqft
    2020-01-01 0 days 1,584 sqft
    2020-02-01 0 days 1,536 sqft
    2020-03-01 0 days 1,610 sqft
    2020-04-01 0 days 1,611 sqft
    2020-05-01 0 days 1,631 sqft
    2020-06-01 0 days 1,556 sqft
    2020-07-01 0 days 1,569 sqft
    2020-08-01 0 days 1,743 sqft
    2020-09-01 0 days 1,732 sqft
    2020-10-01 0 days 1,670 sqft
    2020-11-01 0 days 1,584 sqft
    2020-12-01 0 days 1,595 sqft
    2021-01-01 0 days 1,546 sqft
    2021-02-01 0 days 1,449 sqft
    2021-03-01 0 days 1,508 sqft
    2021-04-01 0 days 1,573 sqft
    2021-05-01 0 days 1,600 sqft
    2021-06-01 0 days 1,552 sqft
    2021-07-01 0 days 1,481 sqft
    2021-08-01 0 days 1,537 sqft
    2021-09-01 0 days 1,603 sqft
    2021-10-01 0 days 1,564 sqft
    2021-11-01 0 days 1,633 sqft
    2021-12-01 0 days 1,738 sqft
    2022-01-01 0 days 1,647 sqft
    2022-02-01 0 days 1,558 sqft
    2022-03-01 0 days 1,808 sqft
    2022-04-01 0 days 1,782 sqft
    2022-05-01 0 days 1,766 sqft
    2022-06-01 0 days 1,740 sqft
    2022-07-01 0 days 1,824 sqft
    2022-08-01 0 days 1,863 sqft
    2022-09-01 0 days 1,833 sqft
    2022-10-01 0 days 1,808 sqft
    2022-11-01 0 days 1,805 sqft
    2022-12-01 0 days 1,824 sqft
    2023-01-01 0 days 1,792 sqft
    2023-02-01 0 days 1,820 sqft
    2023-03-01 0 days 1,790 sqft
    2023-04-01 0 days 1,796 sqft
    2023-05-01 0 days 1,882 sqft
    2023-06-01 0 days 1,783 sqft
    2023-07-01 0 days 1,652 sqft
    2023-08-01 0 days 1,647 sqft
    2023-09-01 0 days 1,644 sqft
    2023-10-01 0 days 1,662 sqft
    2023-11-01 0 days 1,662 sqft
    2023-12-01 0 days 1,664 sqft
    2024-01-01 0 days 1,636 sqft
    2024-02-01 0 days 1,601 sqft
    2024-03-01 0 days 1,600 sqft
    2024-04-01 0 days 1,659 sqft
    2024-05-01 0 days 1,656 sqft
    2024-06-01 0 days 1,718 sqft
    2024-07-01 0 days 1,683 sqft
    2024-08-01 0 days 1,717 sqft
    2024-09-01 0 days 1,739 sqft
    2024-10-01 0 days 1,743 sqft
    2024-11-01 0 days 1,722 sqft
    2024-12-01 0 days 1,751 sqft
    2025-01-01 0 days 1,732 sqft
    2025-02-01 0 days 1,736 sqft
    2025-03-01 0 days 1,720 sqft
    2025-04-01 0 days 1,704 sqft
    FAIRBANKS's median listing age (time on market) for 2025-04-01 was 0 days.

    FAIRBANKS's median square footage for active listings during the 2025-04-01 period was 1,704 sqft. One year prior, the average listing was 1,659 sqft.

    FAIRBANKS, AK Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,041 $324,835,000 $312,041
    Refi 161 $51,355,000 $318,975
    Cash Out Refi 129 $26,255,000 $203,527
    Other 79 $7,075,000 $89,557
    Home Improvement 67 $5,155,000 $76,940

    Fairbanks's most frequently cited loan purpose was Home Purchase, with 1,041 originations. The 2nd most popular reason was Refi, with 161 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 586 $181,870,000 $310,358
    5-6% 269 $83,685,000 $311,097
    7-8% 174 $49,290,000 $283,276
    Over 8% 126 $18,220,000 $144,603
    4-5% 19 $5,885,000 $309,737
    3-4% 17 $5,415,000 $318,529
    <2.5% 16 $4,170,000 $260,625
    2.5-3% 11 $4,025,000 $365,909

    During 2024, Fairbanks's most frequently originated rate bucket was 6-7%, with 586 originations.

    Loan Sizing (FAIRBANKS, AK MSA)

    Loan Size Originations Total Value Average Loan
    $200k-400k 858 $259,550,000 $302,506
    $100k-200k 225 $33,935,000 $150,822
    $400k-600k 199 $90,745,000 $456,005
    $100,000 or less 175 $9,775,000 $55,857
    $600k-1000k 16 $11,190,000 $699,375
    $Over $1MM 4 $9,480,000 $2,370,000

    FAIRBANKS's loan sizing saw the bucket of loans from $200k-400k with 858 originations, totaling $259,550,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 677 $215,805,000 $318,767
    60-80% 151 $46,715,000 $309,371
    Over 100% 148 $53,810,000 $363,581
    Under 20% 81 $3,595,000 $44,383
    20-40% 63 $6,405,000 $101,667
    40-60% 47 $9,395,000 $199,894

    FAIRBANKS's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 677 originations, totaling $215,805,000 in origination value.