The U.S. Department of Veterans Affairs (VA) issued 486 home loans totaling $188.9 million in Alaska during the first quarter of the fiscal year 2024, according to figures provided by the Veterans Affairs Home Loans Index.
The average VA Purchase Loan amount for Alaska in the first quarter of fiscal year 2024 was $389,555, according to figures provided by the Veterans Affairs Home Loans Index.
The VA’s Interest Rate Reduction Refinance Loans in Alaska for the first quarter of the fiscal year 2024 averaged $455,684, according to figures provided by the Veterans Affairs Home Loans Index.
As of March 2024, Alaska experienced a 19.2% increase in prices of goods and services since January 2021, compared to the nationwide trend of a 19.4% increase.