Hawaii Mortgage Leads
Mortgage Leads Reimagined That Are Local To Your Hawaiian Business
After over 20 years in business, we know how to help our customers close more loans. Our new Season Pass is designed to help Loan Officers close MORE business by creating a better consumer experience and a better loan officer experience. You get your own login or “seat” on our customized dialer system. You are not “buying leads”. You are purchasing a license to log into our marketing engine.
Start calling in just MINUTES.
As of March 2025, Hawaii’s mortgage industry is navigating a complex landscape influenced by various economic and environmental factors:
Mortgage Rates: Mortgage rates in Hawaii have experienced fluctuations in recent months. While specific current rates are not detailed in the available sources, it’s important to note that national trends often influence local markets. Prospective borrowers should consult local financial institutions for the most accurate and up-to-date information.
Home Sales and Prices: The Hawaiian real estate market has seen a decline in sales activity. Single-family home sales decreased by 6.7%, totaling 167 transactions, and condominium sales dropped by 12.3% to 293 sales.
Despite these declines in sales volume, home prices have remained relatively stable, indicating sustained demand amidst limited inventory.
Housing Affordability: Hawaii’s housing market has been identified as significantly overvalued. Notably, the Kahului-Wailuku-Lahaina area has a mortgage-to-income ratio of 115.4%, meaning mortgage costs exceed the average income in that region.
This disparity underscores the affordability challenges faced by residents.
Insurance Market Challenges: Climate change-induced disasters, such as recent wildfires, have led to increased property insurance premiums in Hawaii. Some insurers have either raised rates or exited the market, complicating the process for homeowners to secure affordable coverage. Condominium associations, in particular, are struggling with underinsurance, which in turn affects mortgage approvals.
Condominium Market Difficulties: A growing number of condominium associations in Hawaii are being added to a mortgage blacklist maintained by Fannie Mae. This list includes associations with inadequate insurance or critical repair needs, making it challenging for buyers to secure mortgages for units in these buildings. Consequently, some owners are forced to accept lower cash offers or seek alternative financing.
Future Housing Demand: Projections indicate that Hawaii will require an additional 32,970 housing units between 2025 and 2035 to accommodate population growth and household formation.
This anticipated demand highlights the need for strategic planning to ensure adequate housing supply and affordability.
In summary, Hawaii’s mortgage industry is currently characterized by stable yet high mortgage rates, declining sales volumes, significant affordability challenges, escalating insurance costs, and specific difficulties within the condominium sector. Prospective buyers and current homeowners should stay informed about these trends and consider their implications when making real estate decisions in the state.
