Low mortgage rates are helping the real estate market on Oahu

Oahu Real Estate, like the rest of the United States has been hard hit in recent months and low interest rates are instrumental in turning the real estate market around.  When it comes to real estate on Oahu low interest rates are interacting with lower property values to help coax people off of the sidelines and into purchasing homes.  Mortgage rates have been staying low and while they have fluctuated a little over the past couple of months they have remained at historic 30 years lows.  The current rate for a 30 year fixed mortgage is 5.12% and 4.69% for a 15 year fixed rate mortgage.  If you are interested in Oahu real estate consider taking advantage of the low mortgage rates and contact  John Riggins today.

For more information about Kapolei Real Estate please contact John Riggins, Certified Distressed Property Expert.  Click here for access to the Oahu MLS and all available listings in the Kapolei area.

You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.