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 | 6.65% | 6.70% | 6.75% | |
| Hawaii | 6.68% | 6.73% | 6.78% | |
| Credit Unions | 6.28% | 6.33% | 6.48% | 8.4/10 |
| Online lenders | 6.38% | 6.43% | 6.58% | 7.9/10 |
| Banks | 6.68% | 6.73% | 6.78% | 8.1/10 |
| 30 year fixed | 6.68% | 6.73% | 6.78% | |
| 30 year fixed FHA | 7.54% | 7.59% | 7.64% | |
| 30 year fixed VA | 6.32% | 6.37% | 6.42% | |
| 30 year fixed Jumbo | 6.91% | 7.29% | 7.48% | |
| 20 year fixed | 6.25% | 6.30% | 6.35% | |
| 15 year fixed | 6.08% | 6.13% | 6.18% | |
| 10 year fixed | 5.47% | 5.52% | 5.57% | |
| 3 year ARM | 4.08% | 4.13% | 4.18% | |
| 5 year ARM | 6.54% | 6.59% | 6.64% | |
| 7 year ARM | 6.89% | 6.94% | 6.99% | |
| 10 year ARM | 6.70% | 6.75% | 6.80% | |
| Satisfaction | 9.1/10 | 7.8/10 | 8.1/10 |
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 (6.68% for best credit scores) are in line with national averages (national average: 6.65%).
- Credit unions are more competitive: In Hawaii, credit unions offer 6.28%, banks 6.68%, online lenders 6.38%.
Mortgage Options in Hawaii
- 30 year fixed: 6.68% - most popular long-term option for predictable payments
- 20 year fixed: 6.25% - balance between payment size and interest savings
- 15 year fixed: 6.08% - 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: 6.54% - A mid-term variable option...
- 5 year variable: 6.89% - Shorter-term variable mortgage...
- 3 year variable: 6.70% - 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.
Hawaii Best Mortgage Lenders
See which Hawaii lenders are most recommended for a home mortgage by community members surveys in the State and in its main metro areas.
Honolulu, East Honolulu, Pearl City, Hilo, Kaneohe, Waipahu, Mililani Town, Kahului, Online lenders.
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 Info for Hawaii Home Buyers:
Mortgage Rates & Tools
Home Purchase Calculator: Estimate your monthly payment.
Home Affordability Calculator: See what price range fits your budget.
FHA Mortgage Rates: Current rates for FHA buyers.
30 Year Fixed Home Mortgage: Today’s rate for the most common term.
15 Year Fixed Home Mortgage: Today’s rate for faster payoff.
Loan Programs & Assistance
FHA Loans: How FHA mortgages work and who qualifies.
Down Payment Assistance: Programs that help cover your down payment.
Lenders & Homeowner Resources
Best Mortgage Lenders in Hawaii: Community rated lenders by city.
Hawaii Home Insurance Cost: Average premiums and top rated local insurers.
Homeowner Resources & Grants: Grants and assistance programs nationwide.