Honolulu's 'performance' improves... by PBN

Honolulu's 'performance' improves
By: Pacific Business News (Honolulu), Wednesday, September 26, 2007 - 11:12 AM HAST

"Honolulu has moved up in a national survey that ranks the "best-performing cities."..." <-- Read full story.

New reports on Hawaii's Foreclosures...

Isles' August foreclosures up sharply
Pacific Business News (Honolulu) - 2:43 PM HAST Tuesday, September 18, 2007
"Hawaii had one of the lowest home foreclosure rates in the nation in August, but the numbers are up sharply from July..." <--Read Full Report.

PBN's Report on Hawaii's Low Mortgage Rates...

Local mortgage rates below national average
Pacific Business News (Honolulu) - September 14, 2007
"Hawaii's three largest banks continued to offer 30-year fixed-rate mortgages at interest rates below the national average..." <--Full Story.


Call a loan officer or mortgage broker now to check on your qualifications. -Rick

News Reports Hawaii Mortgage Interest Rates Down a Bit!

Hawaii mortgage rates continue fall
Pacific Business News (Honolulu) - September 7, 2007
"Hawaii's second and third largest banks this week followed First Hawaiian Bank's lead in lowering rates on 30-year, fixed-rate mortgages to 6 percent..." <--Full Story

3 Local Papers Reports on the Local Housing Economy

Oahu home sales, prices up
Pacific Business News (Honolulu) - 9:42 AM HAST Wednesday, September 5, 2007
"Sales of single-family homes on Oahu rose last month to the highest level so far this year, and prices of houses and condominiums also rose when compared with August 2006..." <--Read Full Story.

Oahu home sales, prices up
By Andrew Gomes
Advertiser Staff Writer
"O'ahu's housing market continued to display its stamina last month, with slight increases in median sale prices of existing homes as many Mainland markets are tanking...." <--Read Full Story.

Oahu home sales, prices up
The Honolulu Star-Bulletin By Nina Wu
"The median price of a home on Oahu jumped to $650,000 in August, 2.4 percent higher than it was the same time last year. Compared to July, the price was 1.6 percent higher...." <--Read Full Story.

Pacific Business News report to keep you informed on the mortgage company changes.

Charter Funding will reopen as IndyMac
Pacific Business News (Honolulu) - 11:52 AM HAST Tuesday, September 4, 2007
"Charter Funding of Hawaii offices will reopen under the IndyMac Bank brand next week as the California-based company expands its lending presence in the Hawaii mortgage market..."

A Honolulu Advertiser report on the changes in home mortgages and how it's affecting buyers and sellers.

Down payments soar for Hawaii mortgages
By Andrew Gomes
Advertiser Staff Writer
"Cash.

It used to be that very little, if any, was needed to buy a home, and that helped scores of Hawai'i residents in recent years buy property in one of the nation's costliest housing markets..." <--Read full report.