Hawaii Mortgage Loan Officer and Hawaii VA Loan Eligibility

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 3...

Aloha Everyone, Rates great today.   Below is today's interest rates and market news.  Market Highlights: •·         Stocks jump after government announced plan to bail out Citigroup •·         Existing home sales decline worse than expected in October •·         Fannie and Freddie suspend evicti...

Aloha Everyone, Reports say Japan is officially in recession, which dipped oil prices today for fears of demand decreasing.  On the positive, rates remain relatively steady after last weeks rate dip.  Below is today's interest rates and market news.  Market Highlights •·         Fannie and Fredd...

Aloha Everyone, Below is today's interest rates and market news.  VA Loans are still pretty lenient despite lenders tightening their belts so if you need assistance with those type of loans/clients, I work with 3 VA lenders to choose from.  I also work with the very few banks that still fund con...

Aloha Everyone,  Nice rate dip today.  I wonder if the elections had anything to do with it.   Interest Rates, 30 day lock (wholesale rates, usually lower than banks advertised rates) - as of 11/05, 9:50am HI time 30 yr fixed: 5.625% w/ 1.75 points, 5.75% w/ 1.25 points, 6% w/ .25 points 15 yr fi...

Aloha Everyone,  Despite FED's cutting interest rates on Thursday, mortgage rates were not (yet?) affected.   Below are a snapshot of today's wholesale rates I get from local banks and current market news: Market Highlights •·         Banks tighten up loan standards, from mortgages to credit card...

Aloha Everyone, Rates a little higher than last week, but supposedly the Feds may drop the rates after meeting this week.  Below are a snapshot of today's wholesale rates I get from local banks and current market news:  Market Highlights •·         New home sales up 2.7% •·         Mortgage appli...

Aloha Everyone, Nice rate dip today from yesterday... Interest Rates, 30 day lock (wholesale rates, lower than banks advertised rates) - as of 10/22, 9:30am HI time 30 yr fixed: 5.5% w/ 1.625 points, 5.625% w/ 1 point, 5.875% w/ 0 points 15 yr fixed:  5% w/  1.625 points, 5.25% w/ 1.125 points, 5...

Aloha Everyone, The most popular question I've been getting:  "What do you think rates will be like tomorrow?"  If I knew, I'd be a rich man! My feeling is that if you/your client is happy with the rates that day, and the monthly payment is something they can afford... lock it in.  Yes, it might...

Aloha Everyone, Many local banks were closed yesterday to observe the holiday.  Below are their rates for today, which is slightly better than yesterdays national rates, as well as available products. Interest Rates, 30 day lock - as of 10/14  30 yr fixed: 6% w/ 2 points, 6.25% w/ 1 point, 6.5% w...