Hawaii Mortgage Refinance

Hawaiians (population 906,349) can say, “Aloha” to competitive mortgage refinance rates throughout its island chain. Currently, mortgage refinance rates on a 30 year fixed product run from 4.74% APR to 5.29% APR; 15 year fixed are from 4.20% APR to 4.81% APR. Between a group of reputable financial institutions and brokers, Hawaiians can consider a variety of competitive rates. Before going with one lender, take into consideration other factors such as points and fees—and don’t base any decision on payment alone. Purchasing a dream home in Hawaii is a little pricier than the national average. The state’s average list price is $437,361, with homes in Kamuela (96743) selling for $7,100,000 and Honolulu (96826) for $560,000. Homes have retained high values with the average home in Hawaii which are valued from $210,777 to $1,912,948.