Hawaii's Foreclosures

Hawaii foreclosure rate 45th in country
Pacific Business News (Honolulu) Tuesday, April 15, 2008 - 9:33 AM HAST

"The number of foreclosures in Hawaii is up significantly compared with March 2007, but the number still is low in comparison with the rest of the country..." <-Read full story.

Mortgage Rates Up...

Hawaii mortgage rates rise
Pacific Business News (Honolulu)Friday, April 4, 2008 - 12:23 PM HAST
"Rates for 30-year mortgages at Hawaii's four largest banks rose this week, reflecting the rise in mortgage rates nationally..." <- Click for full report.

Low Interest Rates!

Hawaii’s mortgage rates fall to 4-year low
Honolulu Star-Bulletin By Kristen Consillio

"Hawaii home buyers are seeing the lowest mortgage rates since 2004 when rates fell to a 40-year historical low..." <- Read

Bush bill...

Bush signs bill to aid homeowners facing foreclosure
Associated Press/The Honolulu Advertiser

"WASHINGTON — President Bush on Thursday signed a measure to provide financial relief for financially strapped homeowners facing foreclosure or in bankruptcy..." <-Read full story.

Hawaii's Foreclosure Ranking...

Hawaii foreclosures rank 44th in country
Pacific Business News (Honolulu)

"Hawaii had 113 foreclosure filings in November, an increase of 53 percent over the 74 filings in November 2006..." <- Read full story.

Hawaii's Foreclosure Ranking...

Hawaii improves its home-foreclosure ranking
By Andrew Gomes
Advertiser Staff Writer

"Hawai'i improved one spot on a national home-foreclosure ranking in November, though foreclosure activity was still higher than it was in the same month last year..." <-Read full story.

Real Estate Complaints Rise...

Gripes against Hawaii real estate agents rise
By Andrew Gomes
Advertiser Staff Writer
"Complaints filed with the state against Hawai'i real estate agents in the last fiscal year rose to a six-year high, while the number of fines issued was the highest in at least a decade..." <- Read full story.

With the real estate market on a cooling off or down trend, more complaints will arise as consumers tend to be dissatisfied with their purchases. -Rick

Avoid Fraud...

Go to youtube.com/user/AvoidFraud and watch a video that Freddie Mac (Major Lender) has posted. Remember not to be afraid to ask your bank for help if you need it! <-Click