Section 15.152.045. Interest rates.

Latest version.

The interest rate on a mortgage originated or purchased in whole or in part under 15 AAC 152.010 - 15 AAC 152.100 is one percent less than the interest rate, as determined under 15 AAC 150.060. However, the interest rate on that portion of a loan that exceeds $250,000 is the same as the interest rate determined under 15 AAC 150.060.

Authorities

18.56.088;18.56.098;18.56.400;18.56.420;18.56.470

Notes

Authority
 AS 18.56.088  
AS 18.56.098  
AS 18.56.400  
AS 18.56.420  
AS 18.56.470  
History Eff. 9/25/2002, Register 164; am 8/13/2004, Register 178

                    
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