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Mineko Kawamura Hawaii Real Estate Blog
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Hawaii real estate and lifestyle blog. I'll be blogging about real estate, and my daily experiences about life in Hawaii.
Recent Posts Tagged With 'Interest rates'
Oahu home prices the most expensive in the nation… for now
For the first time in almost a decade, Hawaii home prices are the highest in the nation. According to experts, this is a sign that Hawaii’s real estate market is stable, compared to those on the mainland. In California’s Bay Area, the m...
Mortgage rates lowest since 1970
Long-term mortgage rates this week ties a record low reached the week of April 2nd, the lowest level since at 1970. Last year at this time, the 30-year fixed rate mortgage averaged 6.06 percent. Check out this release from Freddie Mac....
More problems for the troubled Moana Vista project
Back in 2006, people were lining up to purchase units at the Moana Vista condominium project. As the economy took a turn for the worse, people started backing out for fear that interest rates will climb before the project can be completed. Today, the...
Sellers cash in on low interest rate
Prospective home buyers are finding that the two-point drop in interest rates over the past few months equates to more buying power, meaning it’s a good time to buy. Click here for the rest of the story....
Historically low interest rates spark refinancing boom
According to Freddi Mac, the national average of interest rate last week has dropped to the lowest ever since 1971. This historical low interest rate is sparking a big refinancing boom among homeowners trying to lower their monthly payments, shorte...
Countrywide to provide mortgage relief in Hawaii
About 2,400 Hawai’i homeowners who are behind in mortgage payments or are being threatened with foreclosure may gain some help from lender Countrywide Financial Corp. and its parent company, Bank of America. Eligible owner occupants may be el...
