Freddie Mac reports a jump in the 30-year fixed mortgage rate to 4.87 percent during the week ended April 9 from record lows posted during the last couple of weeks. The 15-year fixed mortgage rate climbed to 4.54 percent from 4.52 percent.
Meanwhile, the five-year hybrid adjustable rate bumped up to 4.93 percent from 4.92 percent, and the one-year ARM rose to 4.83 percent from 4.75 percent.
Source: San Diego Union-Tribune
A question came from a consumer who asked, “how we are selling so many properties, so quickly, and for top dollar?” My answer was, “it’s all in the secret sauce!” What I mean by that is it’s all in our system and people. We’ve created the system, tested the system,...
Featured Activity: Hike the Pololū Valley Trail Located at the end of the Akoni Pule Highway in North Kohala is the scenic Pololū Valley. This valley was once home to a community of taro farmers, but after the creation of the Kohala Ditch, which diverted much...
Real estate activity was sluggish in the month of March with a slowdown in condominium sales; however, there was a small uptick in home sales. Kohanaiki led activity with the sale of four homes and two condominiums. Kūki`o followed with two home sales and one condo...
Featured Activity: Kuleana Rum Works Mai Tais is one of Hawai`iʻ s iconic cocktails, but did you know Hawai`i Island is also home to Kuleana Rum Works, a company which crafts award-winning rum from the fresh juice of sugar cane grown on its farm in North Kohala? If...
I took a phone call from a consumer this week and as we started the phone call, he said to me, “Hey, you’re the short-term guy”! At which I replied, “What?” He said, “Yeah, I watch all your YouTube videos on short term vacation rentals and they’re valuable...