Loans (2)

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 […]

How to Buy Oahu Homes with Zero Down Payment – USDA and VA Mortgages

If you are military affiliated, you’re probably already aware that VA guaranteed mortgages are a great “zero-down” option for purchasing real estate. Oahu’s generous BAH covers a large portion of your mortgage payment too; service-members should consider becoming homeowners while the interest rates are still incredibly low. Most people, however, are unaware that another mortgage […]