Loans (2)

The Top 5 Myths About VA Loans in Hawaii

Myth #1: The VA Loan Limit is $417,000, so We Can’t Afford a Home in Hawaii With the median price of a single family home on Oahu at over $680,000 many people think they can’t afford a home, but the VA loan limit on Oahu is actually $720,050 with zero down payment. Looking for a more expensive […]

Federal Reserve Unanimously Decides to Further Decrease Bond Purchases

Last month, the Federal Reserve, in a unanimous vote, decided to further decrease its bond purchasing. The bond purchases were the government’s stimulus package created to keep long term mortgage interest rates artificially low in order to help drive the housing market. Most experts believe that tapering will cause interest rates to increase as we […]

Oahu USDA Boundaries to Change September 13, 2013

(Honolulu, HI.) Hawaii home buyers are keeping a close watch on pending changes USDA boundaries that will take effect in September. Some areas will disappear from the 100% financing, including: Kapolei Ewa Gentry The old Ewa Beach area Kapolei (and Makakilo) Royal Kunia Village Park Nanakuli Waianae USDA loans require zero down for financing, which is similar to what […]