Higher Interest Rates and Fewer Mortgages in Hawaii

Hawaii

2022/12/08

The total of home loans issued in Hawai‘i until mid-fall ↓ 38% yearly. The number of statewide residential mortgage loans totaled 2,491 in Oct 2022, ↓ 55.6% yearly from 5,616. The number of mortgage loans issued through the end of Oct ↓ 38% yearly. The total dollar volume for those mortgages, through the first 10 months of the year, was $30.87B.