Mortgage Rates in Houston, Alaska — March 2026
Updated March 2026 | Based on Houston market data and regional lending conditions
Houston is a growing city in Alaska with a population of 2,432. The current 30-year fixed mortgage rate in Houston is 6.83%, which is 0.18% above the national average. With a median home price of $251,000 and a 20% down payment of $50,200, homebuyers can expect a monthly principal and interest payment of approximately $1,313.
Current Mortgage Rates in Houston, AK
Below are the current average mortgage rates available in the Houston area as of March 2026. Rates vary by lender, credit score, and loan-to-value ratio. Use our free calculator above to see your personalized estimate.
| Loan Type | Rate | National Avg | Difference |
|---|---|---|---|
| 30-Year Fixed | 6.83% | 6.65% | +0.18% |
| 15-Year Fixed | 6.06% | 5.89% | +0.17% |
| 5/1 ARM | 6.3% | 6.15% | +0.15% |
| FHA | 6.54% | 6.25% | +0.29% |
| VA | 6.29% | 6.05% | +0.24% |
| Jumbo | 7.08% | 6.85% | +0.23% |
Houston Housing Market Overview
The Houston housing market offers relatively affordable housing compared to many major cities. The median household income in Houston is $76,700, and the cost of living index is 114.5 (national average = 100). Based on the 28% affordability rule, the median income in Houston is sufficient to afford the median-priced home.
Monthly Payment Breakdown for Houston
Based on the median home price of $251,000 with 20% down ($50,200), here is what you can expect to pay monthly in Houston:
15-Year vs. 30-Year Mortgage in Houston
Choosing a 15-year mortgage in Houston at 6.06% instead of a 30-year at 6.83% would save you $166,500 in total interest over the life of the loan. However, your monthly payment would be $1,701 instead of $1,313 — an increase of $388 per month.
Calculate Your Houston Mortgage Payment
Use our free calculator to get a personalized estimate based on your loan amount, interest rate, and term.
Open Free CalculatorFrequently Asked Questions About Mortgages in Houston
What are the current mortgage rates in Houston, AK?
As of March 2026, the average 30-year fixed mortgage rate in Houston, Alaska is 6.83%, while the 15-year fixed rate is 6.06%. FHA loans average 6.54% and VA loans 6.29%. These rates are 0.18% above the national average of 6.65%.
How much is a monthly mortgage payment in Houston?
Based on the median home price of $251,000 with 20% down, the estimated monthly mortgage payment in Houston is $1,313 for principal and interest. Including property taxes of $232/month, the total monthly housing cost is approximately $1,545.
What income do I need to buy a home in Houston?
Using the 28% rule, you would need an annual income of approximately $66,214 to afford the median-priced home in Houston at $251,000. The median household income in Houston is $76,700. The median income is currently sufficient to meet this threshold.
Is Houston a good place to buy a home in 2026?
Houston has a moderate cost of living with a cost of living index of 114.5 (national average = 100). The property tax rate in Alaska is 1.11%, which is near the national average. Houston has a population of 2,432 and offers a balanced lifestyle.
Mortgage Rates in Other Alaska Cities
Related Tools & Guides
Last updated: March 2026. Rates are approximate averages based on regional lending data for the Houston, Alaska area. Individual rates may vary by lender, credit score, loan amount, and other factors. Use our free calculator for a personalized estimate.