Mortgage interest rates fell yesterday for the first time in several weeks. However it went up again this morning. It's possible it may continue to go up next week following Ben Bernanke's report that the Fed's might reduce it's bond purchases at the end of this year.
If you are on the fence to refinance or buy Hawaii real estate, it might be a good time to think about moving forward in case rate don't go back down.
Below are some sample mortgage interest rates in Hawaii from some local banks. These are their retail rates as … (2 comments)
hawaii mortgage interest rates: Mortgage Interest Rates Affected by Today's Jobs Report
- 06/07/13 11:32 AM
Aloha, An improving economy and positive news in the job market often leads to higher interest rates, in the same way a struggling economy means rates are lowered to help stimulate it. With today's jobs report, mortgage rates hit a new 15 month high. It's been fairly inconsistent/volatile recently, so hopefully it means it will come down again? But if you were on the fence about buying or refinancing, it's a good time to at least get an application in to see what you qualify for in case the trend continues up. Feel free to message me for your qualifications, … (0 comments)
Certainly, I understand consumers wanting to find the best deal. Of course you want the lowest cost and lowest payment available. Whether it be for a mortgage loan to refinance or purchase real estate, or if you are at the local farmers market looking for the best price for vegetables, you want to get the most for your hard earned dollar…I'm with you there.
Market News: The Treasury stated they will stop buying mortgage backed securities and of this month. May write blank checks for Fannie and Freddie for bail-out, lifting $200 billion limit. HUD puts delay on the appraisal rule so lenders have time to adapt Hawaii Interest Rates as of 12/28/09: Base rate (lowest you can buy with points) today for a 30 yr fixed loan is about 4.25%. The going rate (with no lender points) is about 5%. Base rate today for a 7 yr fixed loan (30 yr term) is about 3.5%. The going rate is about 4.375%. Base rate today for … (0 comments)
hawaii mortgage interest rates: Today's Hawaii Mortage Interest rates - including VA Loans, Jumbo Loans and Refinance
- 11/02/09 08:09 AM
Aloha Everyone, Below are today's rates. Rates are based upon a minimum credit score, amount of equity, and loan purpose. Based upon your actual scenario, the rate may be higher or lower. Please contact me to get an accurate quote based upon your situation. Rates are subject to change without notice depending on the bank. Interest Rates, 30 day lock - as of 11/02, 10am: 30 yr fixed: 4.625% w/ 1.875 points, 4.75% w/ 1.25 points, 5% w/ 0 points 15 yr fixed: 4% w/ 2.375 points, 4.25% w/ .875 points, 4.375% with 0 points Hawaii VA Loan 30 yr fixed: 4.5% w/ 2.5 points, 5% w/ 0 points
The following products are … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates including VA Loans and Refinance
- 09/09/09 12:31 PM
Aloha Everyone, Below are today's rates. Rates are based upon a minimum credit score, amount of equity, and loan purpose. Based upon your actual scenario, the rate may be higher or lower. Please contact me to get an accurate quote based upon your situation. Rates are subject to change without notice depending on the bank. Interest Rates, 30 day lock - as of 09/09, 10am: 30 yr fixed: 4.625% w/ 2.375 points, 4.875% w/ 1.125 points, 5.25% w/ 0 points 15 yr fixed: 4.5% w/ 1.75 points, 4.375% w/ 1 point, 4.5% w/ .25 points Hawaii VA Loan 30 yr fixed: 4.875% w/ 2.125 points, 5.125% w/ 1.125 points, 5.375% with 0 points
The … (0 comments)
hawaii mortgage interest rates: Hawaii Interest Rates for 4/20/09 including Hawaii VA Loans and Refinance
- 04/20/09 05:21 PM
Aloha Everyone, Below are today's rates. Rates are based upon a minimum credit score, loan to value ratio, and loan purpose. Based upon your actual scenario, the rate may be higher or lower. Please contact me to get an accurate quote based upon your situation. Rates are subject to change without notice depending on the bank. Interest Rates, 30 day lock - as of 04/13, 10am: 30 yr fixed: 4.375% w/ 2 points, 4.5% w/ 1.375 points, 4.75% w/ .375 points 15 yr fixed: 4.25% w/ 1.375 points, 4.375% w/ .625 points, 4.5% w/ .125 points Hawaii VA Loan 30 yr fixed: 4.375% w/ 2.4 point, 4.625% w/ 1.6 points, 4.875% with .4 points
The … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 3/02/09
- 03/02/09 07:26 AM
Aloha Everyone, Below are today's rates. Rates are based upon a minimum credit score, loan to value ratio, and loan purpose. Based upon your actual scenario, the rate may be higher or lower. Please contact me to get an accurate quote based upon your situation. Rates are subject to change without notice depending on the bank. Interest Rates, 30 day lock - as of 03/02, 10am: 30 yr fixed: 4.75% w/ 2.125 points, 5% w/ 1.25 points, 5.375% w/ 0 points 15 yr fixed: 4.5% w/ 2.375 points, 4.625% w/ 1.875 points, 4.875% w/ 1 points Hawaii VA Loan 30 yr fixed: 4.875% w/ 1.75 points, 5.125% w/ .875 points, 5.5% with 0 points Products: The following … (0 comments)
hawaii mortgage interest rates: RATE DIP! Hawaii Mortgage Interest Rates 11/25
- 11/25/08 06:16 AM
Wow, nice rate dip today! Interest Rates, 30 day lock (wholesale rates, usually lower than banks advertised rates)- as of 11/25, 10:30am HI time 30 yr fixed: 5.125% w/ 2 points, 5.25% w/ 1.125 points, 5.375% w/ .25 points 15 yr fixed: 4.875% w/ 1.5 points, 5% w/ 1.125 point, 5.5% w/ 0 points 30 yr Jumbo: 5.25% w/ 2 points, 5.375% w/ 1.125 points, 5.5% with .25 points
Feel free to call me for specific scenarios. Pete Apply at: http://www.HawaiisMortgageGuy.com … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates / Market News 08/24/08
- 08/25/08 11:44 AM
Aloha Everyone, Rates have been pretty steady the last 2 weeks. Below is market news from the last couple of days as well as a summary of current rates I have access to: Market Highlights •· Accredited Home Lenders announced Friday they will be "ceasing acceptance of new locks". Hmmm.... •· FDIC offers plan to relieve IndyMac's troubled loans •· Warren Buffet says U.S. economy could be worse in 5 months Interest Rates, 30 day lock (compiled from Central Pacific Home Loans, First Hawaiian Bank, Countrywide, Wells Fargo, First Horizon, and more. These are wholesale rates we have access … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates / Market Update 08/04.08
- 08/04/08 02:50 PM
Aloha Everyone, Nationally interest rates drop slightly as lower prices on oil ease fears of inflation. Below is market news from the last couple of days as well as a summary of current rates I have access to: Market Highlights •· The Federal Open Market Committee (FOMC) is expected to leave rates where they are as they assess the U.S. economy further. They meet August 5th. •· Bush signs housing rescue law - offering government-backed mortgages to homeowners near foreclosure, and help Fannie and Freddie with "rescue plan". •· National unemployment up to 5.7%. •· Mortgage applications down 14.1% week … (3 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates / Market Report 07/21/08
- 07/21/08 01:00 PM
Aloha Everyone, Here's news from the last couple of days, as well as a summary of current wholesale rates I compiled from local and national lenders I work with including Central Pacific HomeLoans, Wells Fargo, Countrywide, First Hawaiian Bank, First Horizon and more: Market Highlights •· Rates worse they have been all year! •· Bank of America's earnings better than expected after buying out Countrywide •· The U.S. economy will need months to recover from a growth slowdown caused by a home mortgage crisis, turmoil in financial markets and high energy prices, according to Treasure Secretary Henry Paulson Interest … (0 comments)
hawaii mortgage interest rates: Hawaii Mortage Interest Rates 07/14/08
- 07/14/08 02:13 PM
Aloha Everyone, Some big market news this past week, as well as a summary of current rates I compiled (improved from last week!) from local and national lenders I work with including Central Pacific HomeLoans, Wells Fargo, Countrywide, First Hawaiian Bank, First Horizon and more: Market Highlights •· IndyMac shuts down retail and wholesale mortgage business, Prospect Mortgage to buy out Hawaii offices - not known which will stay open •· Colorado Federal Savings Bank ceasing loan origination while they are being purchased •· Fannie Mae & Freddie Mac saved by U.S. government, increasing their line of credit as their … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates / Market Info - 7/7/08
- 07/07/08 10:30 AM
Aloha Everyone, Hope you had a good Independence Day weekend! Here's current market info from local and national lenders I work with (Central Pacific HomeLoans, Wells Fargo, Countrywide, IndyMac, First Hawaiian Bank, and more): Interest Rates, 30 day lock 30 yr fixed: 6% w/ 1.75 points, 6.125% w/ 1.375 points, 6.375% w/ 0 points 7/1 ARM: 5.5% w/ 1.75 points, 5.75% w/ 1 point, 6.15% w/ 0 points 5/1 ARM: 5.125% w/ 1.75 points, 5.5% w/ 1 point, 5.875% w/ 0 points Products The following are still available in the market: •· Stated Income/Stated Assets •· 100% Financing on … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 06/30/08 & Market Update
- 06/30/08 10:20 AM
Aloha Everyone, Happy Monday! Here's current market info from local and national lenders I work with (Central Pacific HomeLoans, Wells Fargo, Countrywide, IndyMac, First Hawaiian Bank, and more): Interest Rates, 30 day lock 30 yr fixed: 5.875% w/ 1.75 points, 6% w/ 1.125 points, 6.25% w/ 0 points 10/1 ARM: 5.75% w/ 2 points, 6% w/ 1.125 points, 6.5% w/ 0 points 5/1 ARM: 5.125% w/ 1.75 points, 5.5% w/ .875 points, 5.875% w/ 0 points Products The following are still available in the market: •· Stated Income/Stated Assets •· 100% Financing on 30 yr fixed (geographic/income restrictions) •· … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 06/09/2008
- 06/09/08 01:29 PM
Aloha Everyone, I hope all is well. Here is some current market info I gathered today from local and national lenders I work with (Central Pacific HomeLoans, Wells Fargo, Countrywide, IndyMac, First Hawaiian Bank, and more), as well as promotions: Interest Rates (range for 0-2 points, contact me for specifics) 30 yr fixed: 5.875% - 6.375% 10/1 ARM: 5.5% - 6.25% 5/1 ARM: 5%-5.875%
Products Other than conventional fixed loans, the following are still available in the marketplace: •· Stated Income/Stated Assets •· 90% Financing on construction loans •· FHA •· VA (100% financing) •· Jumbo Loans •· … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 02/28/08
- 02/28/08 02:00 PM
Aloha Everyone, You know, I really admire the AR regulars who can keep up with posting blogs so often! I honestly don't know how you do it, but I'm trying! Mortgage rates rose slightly this week for the 4th time in the last month. However Fed Chair Bernanke hinted to congress yesterday that the Feds are ready to lower interest rates again to help jump start economic growth. Economists and Wall Street investors predict the cut to happen at the next Fed meeting on March 18th. However when I looked at rates today today there was already a slight improvement from yesterday. 808 Home … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 12/27/2007
- 12/27/07 10:01 AM
Aloha Everyone, Mortgage rates rose this week, partially due to the volatility of bonds. Also Fannie and Freddie are applying new fees to help their bottom lines as house prices decline, and this is reflected in the higher rates. Jobless claims are also higher than expected. 808 Home Mortgage, Inc. can offer wholesale mortgage interest rates from different lenders/banks, including Central Pacific HomeLoans, Countrywide, Wells Fargo, IndyMac, and more. Today for a 30 yr fixed mortgage I can get your clients 6% With 1 point, 6.125 with .5 points, or 6.25% with 0 points, lower than the average retail rates below. Below are the average rates according to a survey of … (0 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 10/18
- 10/18/07 09:44 AM
Aloha Everyone, Mortgage rates fell slightly, the second time in the last 3 weeks. But nearly the same as last weeks rates. 808 Home Mortgage, Inc. can offer wholesale rates from different lenders/banks. Today for a 30 yr fixed mortgage I can get your clients 5.98% with 1 point, or 6.125% with .75 points, 6.25% with .25 points, lower than the average rates below. Below are the average rates according to a survey of large lenders with an average of .35 points. Lower rates available by paying more points up front. The average 30-year fixed dipped to 6.49%. The average 15-year fixed dipped to 6.17%. The average jumbo 30-year fixed fell to 7.24%. … (2 comments)
hawaii mortgage interest rates: Hawaii Mortgage Interest Rates 8/09
- 08/09/07 10:32 AM
Aloha Everyone, Mortgage interest rates FALL again for the third straight week, except for jumbo loans which increased. Investors felt that conforming borrowers will make their mortgage payments so conventional loan products interest rates fell. But they are less sure about Jumbo, Adjustable, and Stated Income mortgages. Below are the average rates according to a survey of large lenders with an average of .25points. It is possible to lower the rate by paying more points up front. For example 1 point can get about 6.25%, 2 points can get about 6% for a 30 yr fixed mortgage. Let me know if you want me … (0 comments)
Aloha, 
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