Tag Archives: rates
Is the Oahu Real Estate Market Stabilizing? How Are Home Values in My Neighborhood?
These are the top questions on homeowners minds. Everyone is wondering how home prices are faring in their neighborhood. Some homeowners have put off moving indefinitely. For those considering moving up or downsizing, this could be a potential mistake. You … Continue reading
Percentage of Homes in Hawaii that have Negative Equity
State Mortgages Negative Equity Mortgages Near** Negative Equity Mortgages Negative Equity Share Near** Negative Equity Share Total Property Value Mortgage Debt Outstanding Net Homeowner Equity Loan-to-Value Ratio Hawaii 230,246 22,594 7,751 9.8% 3.4% 122,328,518,254 65,483,180,032 56,845,338,222 54% Source: CoreLogic According … Continue reading
Take a Close Look at Mortgage Rates NOW
Do you have a mortgage with a variable or high interest rate? If you do, it makes a lot of sense to refinance. Thirty-year fixed-rate mortgages are currently only about 5 percent – and you want to lock in a low … Continue reading
$8,000 First Time Homebuyer Credit
$8,000 First Time Homebuyer Credit can Now Be Used as Down Payment on FHA Loans Aloha Everyone! Here is some good news for first time homebuyers that want to take advantage of the historically low rates and very soft sellers. … Continue reading
Thoughts from Warren Buffett and Charlie Munger
Warren Buffett is the chairman of Berkshire Hathaway Inc. and is one of the world’s wealthiest men. Buffett is known as “the Sage of Omaha” for his remarkable savvy in stock market investments and for the success of Berkshire Hathaway … Continue reading
Be careful when looking for the best mortgage rate
Saw an interesting article that I thought buyers and homeowners looking to refi in Hawaii real estate may find interesting: Potential homebuyers always ask why some brokers offer or advertise mortgage rates which are “much lower” than any of the banks or … Continue reading
Daily Mortgage Rates
This was sent to me from Paul Tamashiro of Prospect Mortgage Conventional Rates 15 Year Fixed 30 Year Fixed 4.25% @ 2.0pts 4.63% @ 2.0pts 4.50% @ 1.0pts 4.88% @ 1.0pts 4.75% @ 0.5pts 5.13% @ 0.5pts FHA/VA 30 Year … Continue reading
Today’s Interest Rates
This is from a local mortgage banker, Paul Tamashiro of Prospect Mortgage. Conventional Rates 15 Year Fixed 30 Year Fixed 4.25% @ 2.0pts 4.50% @ 2.0pts 4.50% @ 1.0pts 4.75% @ 1.5pts 4.88% @ 0.5pts 5.00% @ 1.0pts FHA/VA 30 … Continue reading
Freddie Mac to add .75 point to condo loans
Hi All, Just learned from my friend and loan officer, Elizabeth Lee at Territorial Savings Bank, that Freddie Mac will be adding .75 point to each condo loan. That means there is a slightly higher fee to buy a condo … Continue reading