{"id":43966,"date":"2022-06-29T12:00:00","date_gmt":"2022-06-29T12:00:00","guid":{"rendered":"https:\/\/omni48.com\/news\/how-much-rising-mortgage-rates-could-cost-homebuyers-in-alaska"},"modified":"2022-06-29T12:00:00","modified_gmt":"2022-06-29T12:00:00","slug":"how-much-rising-mortgage-rates-could-cost-homebuyers-in-alaska","status":"publish","type":"post","link":"https:\/\/omni48.com\/news\/how-much-rising-mortgage-rates-could-cost-homebuyers-in-alaska","title":{"rendered":"How Much Rising Mortgage Rates Could Cost Homebuyers in Alaska"},"content":{"rendered":"<p>Interest rates on mortgage loans are rising rapidly in the United States. As the Federal Reserve pursues an aggressive strategy of rate hikes to curb inflation, homebuyers are increasingly saddled with higher borrowing costs. The national average 30-year fixed mortgage rate is now approaching 6%, up from just 3.79% in January. The rate increase could mean tens of thousands of dollars more in interest payments for new homebuyers this year. A recent report published by loan platform LendingTree reviewed home sale and mortgage data to quantify the effect rising mortgage rates could have on homebuyers. In Alaska, the average APR &#8211; annual percentage rate &#8211; on a mortgage rose from 3.58% in January to 5.05% in April. This increase means that a homebuyer who took out a mortgage in April will pay about $276 more per month in interest than one who took out a mortgage in January, based on the average mortgage amount of $317,575 across Alaska. Accounting for<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Interest rates on mortgage loans are rising rapidly in the United States. As the Federal Reserve pursues an aggressive strategy of rate hikes to curb inflation, homebuyers are increasingly saddled<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[33,27,42,49],"class_list":["post-43966","post","type-post","status-publish","format-standard","hentry","category-news","tag-business","tag-economy","tag-politics","tag-real-estate"],"acf":[],"_links":{"self":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/43966","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/comments?post=43966"}],"version-history":[{"count":0,"href":"https:\/\/omni48.com\/api\/wp\/v2\/posts\/43966\/revisions"}],"wp:attachment":[{"href":"https:\/\/omni48.com\/api\/wp\/v2\/media?parent=43966"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/categories?post=43966"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/omni48.com\/api\/wp\/v2\/tags?post=43966"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}