Hawaii mortgages at 5.25% for third week - 2004-02-27
Hawaii 30-year mortgage rates, going through an unusual period of stability, are mostly at 5.25 percent for the third week, while most major lenders are quoting 4.5 percent for 15-year notes.
"Financial markets seem to have locked into this level of mortgage rates," said Freddie Mac chief economist Frank Nothaft. "And it looks like consumers are taking advantage of the low level of mortgage rates.
Read the full story at Pacific Business News