Hawaii Mortgage Loan Officer and Hawaii VA Loan Eligibility

Aloha Everyone,Mortgage rates fell slightly for the second week in a row after rising 7 straight weeks. Sales of homes are down, as well as prices.  Also fewer people are applying for mortgage loans.  This combination contributed to the rates falling slightly.  Good time for home buyers, bad time...

Aloha Everyone,Mortgage rates fell finally after nearly 2 months as the market had mixed news about home construction being down and news on the cost of gas going up and down rapidly. The below rates are with an average of .27 points.  It is possible to lower the rate by paying more points up fro...

Hi Everyone,Mortgage rates are STILL rising according a national survey of large lenders.  Investors continue to be unhappy with low bonds, and instead are investing in stocks.  This causes bond yields to rise, and mortgage rates follow.Ths jump this past week was the largest increase in almost 4...

My, my... when will it end?Because of economic growth and investors realizing that the Feds aren't planning any interest rate cuts anytime soon, rates are now the highest it has been in 10 months.  Additionaly, Fed Chairman Ben Bernanke warned us of inflation: "Although core inflation seems likel...

Tomorrow morning Downtown Honolulu will host the annual parade honoring the reign of King Kamehameha who was responsible for consolidating the islands under one rule in 1795. Floral floats, pa'u riders and bands will march from downtown to Kapiolani Park tomorrow  The parade will begin at 8:30 a....

Aloha Everyone,Here's this weeks average mortgage interest rates based on a survey of large lenders: Mortgage Interest Rates:  (30 yr fixed) 6.61 percent, Average points: 0.26Mortgage rates KEEP CLIMBING in the midst of the housing market slump. The 30-year fixed-rate mortgage rose to 6.61 percen...

Aloha Everyone,There will be a FREE Community Homebuyer Fair in KapoleiWhen: 9am-4pm on Saturday, June 23rd. Where: Kapolei Hale  - 100 Ulu'ohi'a StreetThere will be the following workshops to help homebuyers:Homeowership 101 - Credit Counseling BasicsQualify for a Mortgage - Homebuyer Resources ...

I often get inquiries from clients who want to cash out their equity, but don't often know that there are 2 different ways to do this (other than selling your home!).  Either through a Home Equity Loan or a Home Equity Line of Credit (HELOC). Here are the differences, and how to consider which is...