See the latest Hawaii mortgage rates for fixed rates; 30 year, 20, 15, 10 FHA, VA, Jumbo, plus variable rates: 10, 7, 5, 3 years. Also see how local rates compare nationally, and main lending options available across the state.
Buying a home in Hawaii can be easier with today’s mortgage rates..
Hawaii Mortgage Rates –
The table below shows today’s home purchase mortgage rates for Hawaii, organized by credit score and lender type:
| Credit Score | Satisfaction | |||
|---|---|---|---|---|
| 720 - 850 | 690 - 719 | 620 - 689 | ||
| Nationally | 6.31% | 6.36% | 6.41% | |
| Hawaii | 6.13% | 6.18% | 6.23% | |
| Credit Unions | 5.73% | 5.78% | 5.93% | 9.3/10 |
| Online lenders | 5.83% | 5.88% | 6.03% | 7.8/10 |
| Banks | 6.13% | 6.18% | 6.23% | 8.4/10 |
| 30 year fixed | 6.13% | 6.18% | 6.23% | |
| 30 year fixed FHA | 7.54% | 7.59% | 7.64% | |
| 30 year fixed VA | 5.49% | 5.54% | 5.59% | |
| 30 year fixed Jumbo | 6.36% | 6.74% | 6.93% | |
| 20 year fixed | 6.25% | 6.30% | 6.35% | |
| 15 year fixed | 5.76% | 5.81% | 5.86% | |
| 10 year fixed | 5.47% | 5.52% | 5.57% | |
| 3 year ARM | 4.08% | 4.13% | 4.18% | |
| 5 year ARM | 6.30% | 6.35% | 6.40% | |
| 7 year ARM | 6.91% | 6.96% | 7.01% | |
| 10 year ARM | 6.15% | 6.20% | 6.25% | |
| Satisfaction | 8.4/10 | 7.8/10 | 7.6/10 |
Source: MFP’s Community Home Purchase Rates Survey from Hawaii members in the last 30 days.
How Hawaii Compares to National Averages
- Hawaii mortgage rates (6.13% for best credit scores) are slightly below national averages (national average: 6.31%).
- Credit unions are more competitive: In Hawaii, credit unions offer 5.73%, banks 6.13%, online lenders 5.83%.
Mortgage Options in Hawaii
- 30 year fixed: 6.13% - most popular long-term option for predictable payments
- 20 year fixed: 6.25% - balance between payment size and interest savings
- 15 year fixed: 5.76% - lower total interest cost for borrowers building equity faster
- 10 year fixed: 5.47% - shortest fixed-term option with competitive rates
- 10 year variable: 4.08% - Offers a longer initial period with a variable rate...
- 7 year variable: 6.30% - A mid-term variable option...
- 5 year variable: 6.91% - Shorter-term variable mortgage...
- 3 year variable: 6.15% - Quick-adjusting mortgage...
- FHA mortgage: government-backed with flexible credit requirements
- VA mortgage: exclusive to veterans and military members with competitive rates
Hawaii Cities Mortgage Rates*
| Metro / City | 30-Year Fixed APR | 15-Year Fixed APR |
|---|---|---|
| Honolulu | 6.22% | 5.78% |
| East Honolulu | 6.25% | 5.81% |
| Pearl City | 6.23% | 5.79% |
| Hilo | 6.26% | 5.82% |
| Kailua | 6.24% | 5.80% |
* APR rates shown are for borrowers with excellent credit. Click city names to view recommended lenders and ratings.
Compare Lenders Rated by Hawaii Homeowners
Hawaii homeowners rated their mortgage lenders on:
- Ease of application
- Rates and terms offered
- Customer support and advice
- Overall recommendation %
See the Best Mortgage Lenders in Hawaii
FAQs – Hawaii Mortgage Rates
Are home purchase rates higher in Hawaii than the U.S. average?
No, Hawaii mortgage rates are currently below the national average.
What credit score is best for buying a home in Hawaii?
A credit score of 720 or higher typically secures the most favorable mortgage rates in Hawaii.
Is it better to choose a fixed-rate or ARM in Hawaii?
Fixed-rate mortgages are generally recommended for long-term stability in Hawaii’s housing market.
More Hawaii Home Information:
Hawaii Best Home Insurance from Community Recommendations & Insurance Costs
More Resources for Hawaii Homeowners.