Mortgage rates trended upwards again at the largest banks in Hawaii.   After dropping below 5.75% last week, we saw rates offered at 5.875 percent and 1.5 -1.625 points on a thirty year fixed rate loan.   American Savings Bank and Central Pacific Home loans both offered a six percent rate with 1.75 points.   This followed an increase in the core price deflater that in turn caused long-term bond yields to rise last week.  Even still, interest rates are historically attractive, making it a great opportunity for buyers to invest in the Hawaiian Home Market before investors in India and China figure out how much they can buy in Hawaii with their inflated currencies.   I guess even Korea might be added to the mix.   In short, this is a great buyers market!   Get out and hustle up some business.  

RE/MAX Kai Lani, 25 Kaneohe Bay Drive #109, Kailua, HI 96734