Hawaii Mortgage Rates Today — Compare HI Lenders
The average 30-year fixed mortgage rate in Hawaii is currently 6.85% APR. Hawaii has the highest median home prices of any US state. All Hawaii counties have conforming loan limits of $1,149,825 — the national maximum. Compare today’s rates from top Hawaii lenders across all major loan types below.
Hawaii Mortgage Rate Comparison Table
Rates below assume a 740+ credit score, 20% down payment, and a $900,000 loan on a single-family primary residence in Hawaii.
| Loan Type | Interest Rate | APR | Best For |
|---|---|---|---|
| 30-Year Fixed | 6.85% | 6.85% | Most Popular |
| 15-Year Fixed | 6.18% | 6.18% | Pay off faster, save interest |
| 5/1 ARM | 6.97% | 6.97% | Short-term owners |
| FHA 30-Year | 6.48% | 6.48% | Low down payment |
| VA 30-Year | 6.30% | 6.30% | Veterans & military |
| 30-Year Refinance | 6.97% | 6.97% | Existing homeowners |
Rates sourced from lender survey data and updated regularly. Actual rates vary by lender and borrower profile. See disclaimer.
Understanding Mortgage Rates in Hawaii
Hawaii has the highest median home prices of any US state, with Honolulu median prices consistently above $800,000. The state’s unique geography, desirability, and limited land supply create permanently elevated housing costs that show no signs of moderation.
All Hawaii counties have the maximum conforming loan limit of $1,149,825. Even with this elevated limit, many Hawaii buyers require jumbo financing. The state’s strong military presence drives significant VA loan activity.
What Affects Your Hawaii Mortgage Rate?
Several key factors influence the rate a Hawaii lender will offer you: your credit score (740+ gets the best rates), your down payment (20%+ eliminates PMI), your loan type (VA and FHA often beat conventional), and broader market conditions driven by the Federal Reserve and Treasury yields. Always compare at least 3–5 lenders — the spread between best and worst rate can be 0.5–1.0%.