Hawaii Mortgage Interest Rates - 11/05/08

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 fixed: 5.25% w/ 1.625 points, 5.5% w/ .875 points, 5.75% w/ .25 points

5/1 ARM: 5.875% w/ 1.125 points, 6% w/ .75 points, 6.35% with 0 points

Products

The following are available in the market:

•· First Time Home Buyer promotions (less points, free appraisal)

•· 100% Financing on 30 yr fixed (geographic/income restrictions)

•· Hawaii VA loan up to $793,750. VA jumbo available up to 1 mil.

•· Hawaii Jumbo Loan

•· Hawaii CondoTels / Condo Hotel

•· 90% Financing on Hawaii Construction loans

•· 10-40 yr fixed rate program

Feel free to call me for updated rates and scenarios. Have a great week!

Pete

Visit http://www.HawaiisMortgageGuy.com to prequalify

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