Mortgage Rates in Honolulu, HI: Today's Averages & 2026 Outlook
Honolulu 30-year fixed rates are running around 6.95% — roughly 10 bps above the national average of 6.85%. Here's how Honolulu rates stack up, what drives the metro spread, and the payment math on a typical Honolulu home.
Today's Honolulu rates by loan type
Estimates for Honolulu based on the current national 30-year average of 6.85% plus the metro's typical spread (+10 bps). Live national rate sourced daily from Freddie Mac PMMS. Your actual quote will depend on your credit, down payment, and lender.
What drives Honolulu mortgage rates
The national 30-year average sets the floor for every Honolulu lender. But the $Urban Honolulu metro typically prices about 10 basis points above that national benchmark because of local dynamics.
Local market read. Jumbo dominates; VA share elevated with heavy military presence.
Who's lending. Bank of Hawaii, First Hawaiian, and VA specialists lead.
Median deal size. A typical Honolulu loan is around $720,000 on a $895,000 home. That sits at or above the conforming loan limit in higher-cost counties, where jumbo pricing kicks in.
What a typical Honolulu payment looks like
| Line item | Estimate |
|---|---|
| Median home price (Urban Honolulu) | $895,000 |
| Median loan amount | $720,000 |
| 30-yr rate (Honolulu avg) | 6.95% |
| Monthly principal & interest | $4,766 |
| Est. full PITI (add ~30% for taxes/insurance) | ~$6,196 |
Directional math for Honolulu in 2026. Add property taxes, homeowners insurance, PMI (if less than 20% down), and any HOA dues for full monthly cost. Our mortgage calculator lets you plug in your exact numbers.
More on buying in Hawaii
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Honolulu mortgage rates: FAQ
What is today's mortgage rate in Honolulu, HI?▾
The average 30-year fixed mortgage rate in Honolulu is around 6.95% — 15-year fixed near 6.2%, FHA around 6.7%, VA around 6.6%. That's roughly 10 bps above the current US 30-year average of 6.85%. Your actual rate depends on credit score, down payment, loan type, and lender competition — always compare Loan Estimates from at least three lenders.
How do Honolulu mortgage rates compare to the national average?▾
Honolulu rates typically sit slightly above (about 10 bps higher than) the US 30-year average. The metro spread reflects local lender competition, loan mix, and property-tax/insurance dynamics specific to the Urban Honolulu area.
What's the median home price in Honolulu?▾
The median home price in the Urban Honolulu metro is about $895,000, with a typical loan amount of $720,000 at conventional LTVs. At today's 6.95% rate, principal and interest on that loan runs about $4,766/month — before property taxes, homeowners insurance, and (if applicable) PMI or HOA dues.
Who are the top lenders in Honolulu?▾
Bank of Hawaii, First Hawaiian, and VA specialists lead. You'll get the best rate by comparing at least three Loan Estimates — a mix of a national non-bank lender, a local credit union, and (for higher loan amounts) a portfolio bank tends to reveal the best pricing for your specific profile.
Should I lock my rate now or wait in Honolulu?▾
Jumbo dominates; VA share elevated with heavy military presence. On rate timing itself, no one can call the exact peak or trough — but if the payment on your target Honolulu home works today at 6.95%, locking and refinancing later if rates fall is a well-worn playbook. Our Right-Time-to-Buy tool models the wait-vs-buy math for you.