Financing

Financing

New Residential A and TVU tax tires take effect in 2027

From : https://members.hicentral.com/index.php/political-advocacy/advocacy-updates/523-ordinance-25-44-redefines-res-a-and-tvu-tax-tiers
Financing

American Savings Bank Weekly Mortgage Rates Update Mar. 10th.

US 2-year Treasury note fell sharply (46 basis points over a two – day period) on Friday as the shutdown of Sillicon Valley Bank. We have not seen the sudden decline since September 2008. 10 Year Treasury Rate on Friday dropped to 3.70%, compared to 3.93% on Thursday. Weekly Initial Jobless Claims rose 21K to […]
Financing

American Savings Bank Weekly Mortgage Rates Update December 9th 2022

Check out Our 5,7,10 year ARM Rate – Starting from 4.625% Core, annual and month-over-month Producer Price Index numbers came in higher than expected. PPI is well below the 11.7% peak seen in March 2022. Fed Meeting on Tuesday & Wednesday 13th and 14th. It is expected that the short-term Fed Funds Rate will increase […]
Financing

American Savings Bank Weekly Mortgage Rates Update November 18th, 2022

Have a wonderful Thanksgiving week！ Check out Our Jumbo Rate – Starting from 5.375% 5,7,10 year ARM Rate – Starting from 4.875% On Wednesday, US 10 year Note Yield slipped to 3.67% (First since October 4th 2022) U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2.5 […]

Financing New Residential A and TVU tax tires take effect in 2027 From : https://members.hicentral.com/index.php/political-advocacy/advocacy-updates/523-ordinance-25-44-redefines-res-a-and-tvu-tax-tiers

Financing American Savings Bank Weekly Mortgage Rates Update Mar. 10th. US 2-year Treasury note fell sharply (46 basis points over a two – day period) on Friday as the shutdown of Sillicon Valley Bank. We have not seen the sudden decline since September 2008. 10 Year Treasury Rate on Friday dropped to 3.70%, compared to 3.93% on Thursday. Weekly Initial Jobless Claims rose 21K to […]

Financing American Savings Bank Weekly Mortgage Rates Update December 9th 2022 Check out Our 5,7,10 year ARM Rate – Starting from 4.625% Core, annual and month-over-month Producer Price Index numbers came in higher than expected. PPI is well below the 11.7% peak seen in March 2022. Fed Meeting on Tuesday & Wednesday 13th and 14th. It is expected that the short-term Fed Funds Rate will increase […]

Financing American Savings Bank Weekly Mortgage Rates Update November 18th, 2022 Have a wonderful Thanksgiving week！ Check out Our Jumbo Rate – Starting from 5.375% 5,7,10 year ARM Rate – Starting from 4.875% On Wednesday, US 10 year Note Yield slipped to 3.67% (First since October 4th 2022) U.S. homebuilding fell sharply in October, with single-family projects dropping to the lowest level in nearly 2.5 […]

Financing American Savings Bank Weekly Mortgage Rates Update October 28, 2022 Mortgage rates came down this week as the 10-yr Note closed at 4.02% after touching 4.25% on Monday. Q3 2022 GDP rose 2.6% from -0.6% in Q2 but the inflation reading Price Index fell to 4.1% from 9.1% Traders are pricing in a more than 80% chance of another 75 basis point hike on November […]

Financing American Savings Bank Weekly Mortgage Rates Update October 21, 2022 Mortgage rate kept going up as US 10 Year Yield traded up to 4.20% on Thursday, and closed at 4.21% on Friday. Housing Starts fell 8.1% from August to an annual rate of 1.439M units versus the 1.475M expected. Building Permits, a sign of future construction, rose 1.4% to 1.564M versus 1.530M expected Earlier Friday, […]

Financing American Savings Bank Weekly Mortgage Rates Update October 14, 2022 The mortgage rate has been climbing as the 10-year yield hit 4.08% on Thursday and closed at 4.00% on Friday ( Highest closing level since October 2008.) The September CPI(consumer-price index ) data saw the annual Core number rise to 6.6%, the highest since 1982, and Dow down nearly 600 points on Thursday. September Retail Sales […]

Financing Historical conventional 30 year fixed Mortgage rate & Median sale price trends August 2022 in Hawaii 6% – Highest rate Since April 2009 Here are the Median Sale Price Trends for All Counties – August 2022 Oahu: The single family residence (SFR) Median Sale Price increased 7.19% from the month of August 2021. The SFR Median Sale Price increased slightly at 1.58% from July 2022. There were 314 closed SFR […]

Financing American Savings Bank Weekly Mortgage Rates Update October 7, 2022 Hope you had a wonderful Columbus day weekend! The Unemployment Rate fell to 3.5% from 3.7%, total unemployed declined to 6.7% from 7%. US 10 year note yield has been 3.60 – 3.90% range and mortgage rate are unchanged from last week. Our Jumbo loan, we can go loan amount up to $2.75 M now. […]

Financing American Savings Bank Weekly Mortgage Rates Update Sep 2, 2022 / SPECIAL RATES for developer units only for A’alii & Koula & Koa Ridge Hope you had a wonderful Labor day weekend! Mortgage rate went up this week as 10 Year Note Yield went above 3.20% this week (highest since June 28th 2022). The S&P Case-Shiller 20-City Home Price Index for June rose 18.6% annually, down from 20.5% in May. The U.S. National Home Price NSA Index, covering all […]

Financing American Savings Bank Weekly Mortgage Rates Update August 26, 2022 / SPECIAL RATES for developer units only for A’alii & Koula & Koa Ridge 10 year ARM 3.625% with 2.625 points are also available. Mortgage rate went up this week as 10 Year Note Yield went above 3% this week (highest since July 20th 2022). Historically, the 10 Year Note Yield reached 15.84% in 1981 as the Fed raised benchmark rates in an effort to contain inflation. Annual average […]

Financing American Savings Bank Weekly Mortgage Rates Update August 19, 2022 / SPECIAL RATES for developer units only for A’alii & Koula & Koa Ridge Mortgage rate went up from last week as US 10 year note went up to 2.98% from 2.84 last week. July Housing Starts were -9.6 % down from June to an annual rate of 1.446M units versus 1.540M expected. It was the lowest read since February 2021. Permits were -1.3% from June to 1.674M units […]

Financing American Saving Bank Mortgage Rates Update 7/8/22 US 10 year Note went back to 3.09% on Friday, but our Jumbo Rate is lower than last week! Sign of Recession? -1.6% GDP in Q1 2022 and the forecast from the GDP now is looking at -2.1% in Q2. June Unemployment Rate remained at 3.6%. Average hourly earnings were up 0.3% monthly. Annual earnings […]

Financing American Saving Bank Mortgage Rates Update 7/1/22 Hope you had a wonderful 4th of July weekend! On Friday, 10 year Note yield has declined to 2.88% from 3.50% in mid- June. 30 year conventional rate went down to 4.625% on Friday. Q1 2022 GDP came in at -1.6% from -1.5% Right now, Q2 is forecasted at 0.3% (Q2 2022 GDP will be […]

Financing American Saving Bank Mortgage Rates Update 6/24/22 30 year Fixed Conventional mortgage rate went down to 4.875% from 5.25%(June 17th Friday) as 10 year yield went down to 3.13%. Existing Home Sales fell 3.4% in May from April to an annual rate of 5.41M units. Compared with May 2021, home sales were down 8.6%. Unemployment benefits fell by 2,000 last week to […]

Financing American Saving Bank Mortgage Rates Update 6/10/22 Monday morning –Currently The US 10 year Treasury is at 3.495% highest since April 2011 as US stocks enter a bear market as S&P 500 closes at lowest in 2022. Below rates are based on Friday June 10th, please check out our today’s mortgage rates at https://www.asbhawaii.com/personal/mortgage-rates (Rate will be updated around noon every day) […]

Financing American Saving Bank Mortgage Rates Update 6/3/22 Mortgage rates are tad higher than last week as 10 year note went up 2.96% The Unemployment Rate was unchanged at 3.6% Weekly Initial Jobless Claims are at lows seen since 1970. Tech corporate earnings are showing the slowdown in labor coming. Tech companies in May laid-off employees at the highest rate in two years. […]

Financing American Saving Bank Mortgage Rates Update 5/27/22 Happy Memorial Day! As the US 10-year yield has fallen to 2.74% (Beginning of April level) on Friday, 30 year fixed conventional loan rate came down to 4.375%. Portfolio 7 year ARM is at 3.375%. Q2 2022 GDP came in at -1.5% versus -1.3% expected Consumer spending was strong in April, rising 0.7% on an […]

Financing American Saving Bank Mortgage Rates Update 5/20/22 As the US 10-year yield has fallen to 2.78% (April 27th level) on Friday, 30 year fixed conventional loan rate came down to 4.50%. Portfolio 7 year ARM is at 3.50%. Weekly Initial Jobless Claims rose to 218K from 197K First Quarter 2022 GDP was a negative 1.4%. April Housing Starts fell 0.2% from March […]

Financing American Saving Bank Mortgage Rates Update 5/13/22 Conventional 30 year fixed rate dropped to 4.625% from 4.875% last Friday as US 10 year note closed at 2.93% on Friday. The consumer inflation reading CPI for April rose 0.3% month over month Year over year, CPI rose 8.3% versus 8.1% expected and down from 8.5% in March. Food prices are up nearly 10% […]