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Oct10
Rates are Being Cut

We have all heard about the interest rates being high. According to Bizjournals.com, it seems as if some mortgage lenders are cutting their rates to 5.75% such as Bank of Hawaii, Central Pacific Bank, Territorial Savings Bank and Wells Fargo Home Mortgages. They cut their rates for 30-year mortgage rates. I know this will make some consumers happy that they are going to get a break for 30-year mortgage. Maybe now those people that were waiting can search for a home and find themselves in the house within the next four to six months. I have heard that Hawaii is expensive, this probably is something many people have waited on.

 

 

 

 

 

 

 


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« Greenspan thinks worst may be over for Housing Market | Main | Mortgage Schedule is Ticking Upward »

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