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Hawaii

Current Hawaii Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in Hawaii. Review free, personalized mortgage rates for Hawaii based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Hawaii. Plus, shopping lenders is free and there is no obligation.

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Mortgage Rates for Hawaii as of August 22, 2019
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Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Hawaii Mortgage Rates Compare?

August 22, 2019

The current average rate for a 30 year fixed rate mortgage in Hawaii is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Hawaii Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.600%
15 Year Fixed Rate
B.BBB%
3.050%
5/1 Adjustable Rate Mortgage
C.CCC%
3.360%

How Affordable is Housing in Hawaii?

The median home value for Hawaii is $674,712

The median household income for Hawaii is $77,779

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Hawaii is $125,180

The home price you can afford to by based on household income in Hawaii is 62% of the median home value which means housing prices are very expensive. Hawaii ranks 50 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Hawaii is very expensive

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Additional Mortgage Resources for Hawaii Residents

Mortgage Rates for Hawaii Cities

Honolulu Mortgage Rates

Kauai Mortgage Rates

Maui Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

FREEandCLEAR Housing Affordability Index