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
When it comes to buying your Hawaiian dream home—or that perfect second home along the Kona Coast—The Hawai‘i Team offers a seamless experience that goes far beyond real estate sales. We’re more than just your trusted brokerage; we’ve built a complete ecosystem...
Featured Restaurant: Kenichi Pacific Kenichi Pacific at the Keauhou Shopping Center is a perfect choice for a date night or special occasion with a dining experience that harmonizes delightful flavors with a warm, welcoming ambiance. Dine inside or on the lānai,...
Real estate activity picked up in September mostly in the condominium, with a couple of bright spots in the single family markets. Mauna Lani Resort once again led the way in condo sales with seven closings, followed by Waikoloa Beach Resort and Kohanaiki, each with...
Featured Restaurant: Brown’s Beach House If you’re looking for a tasty, elegant, open-air dining experience look no further than the Brown’s Beach House restaurant at The Fairmont Orchid in Mauna Lani Resort. Its Chef de Cuisine, Junior Ulep, is a celebrated...
Real estate activity was spotty during the month of August, but slightly up over the month prior. Mauna Lani Resort led the way in condominium sales with three closings, followed by Mauna Kea Resort with two and single condo sales in Kohanaiki, Kūki`o and Waikoloa...