US 10 year Note went back to 3.09% on Friday, but our Jumbo Rate is lower than last week!
Sign of Recession?
-1.6% GDP in Q1 2022 and the forecast from the GDP now is looking at -2.1% in Q2.
June Unemployment Rate remained at 3.6%.
Average hourly earnings were up 0.3% monthly.
Annual earnings rose 5.1% down from 5.3% in May.
Total unemployed fell to 6.7% from 7.1%
We have special pricings for developer units only for A’alii & Koula Ward Village
Must record by September 30, 2022
–A’alii –
Owner Occupied buyers with at least 20% down payment( or10% down payment with ASB HELOC) / Fico 740 above
2nd Home / Require 20% down payment / Fico 740 above
3.50% / 1.75 points
3.625%/ 1.25 points
3.75 %/ 0.75 points
Investment / Require 25% down payment / Fico 740 above
3.75% / 1.50 points
3.875%/ 1.00 points
4.00 %/ 0.50 points
–KOULA Ward Village–
Owner Occupied buyers with at least 20% down payment (or 10% with ASB HELOC) / Fico 740 above
2nd Home / Require 20% down payment / Fico 740 above
4.75 % / 1.75 Points
4.875%/ 1.50 Points
5.00% / 1.00 Points
Investment/ Require 25% down payment / Fico 740 above
5.00% / 1.75 Points
5.125%/ 1.50 Points
5.25% / 1.00 Points
Our Jumbo loan, we can go loan amount up to $2.75 M now.
Jumbo loan, we can do for 10 % down with MI or with 2nd mortgage as well
Following rates are for purchase, please contact me for re-financing rate.
Check out our mortgage rates today! https://www.asbhawaii.com/personal/mortgage-rates
(Rate will be updated around noon every day)