This 3-bedroom home at 85-124 Plantation Road in Waianae was listed for sale at $238,000 and was in escrow.
Mortgage giant Freddie Mac says the average rate on a 30-year fixed rate loan rose this week to 4.16 per cent from 4.13 per cent the previous week.
Home borrowing costs have climbed with a surge in USA 10-year Treasury bond yields, which this week hit their highest since September 2014 in the wake of Donald Trump's US presidential win.
The average contract interest rate for 30-year fixed-rate mortgages with conforming loan balances ($417,000 or less) increased to its highest level since October 2014, 4.28 percent, from 4.27 percent, with points decreasing to 0.36 from 0.37 (including the origination fee) for 80 percent loan-to-value ratio loans. Anticipated tax cuts and increased government spending to upgrade roads, bridges and airports could stoke inflation.
Long-term mortgage and interest rates have surged in the weeks since Trump's surprise victory in November.
The average 15-year mortgage rate dipped to 3.52 percent from 3.53 percent, while the average five-year adjustable rate fell to 3.28 percent from 3.39 percent.
Lately, Canadian banks have had to re-think their mortgage rates because of moves in bond markets as well as policy changes in Ottawa.
"If rates continue their upward trend, expect mortgage activity to be significantly subdued in 2017", Becketti said in a statement.
The yield on the 10-year Treasury bond touched its highest level in more than two years and sat at 2.57 percent late Wednesday, up sharply from 2.34 percent a week earlier.
The Washington-based industry group said its measure of requests for mortgages fell 4.0 percent in the week to December 9 to 397.5, its lowest since 328.6 in the week ended January 1.
James Harden leads the way with his second straight triple-double as the Rockets set a new National Basketball Association record. Ryan Anderson made Houston's 24th three-pointer with 32 seconds remaining, and the Toyota Center crowd roared in celebration.
USA bond yields had already begun moving higher following Trump's victory and as expectations of the Fed rate increase solidified. The Dow Jones Industrial average has certainly been grabbing the headlines in recent weeks, as the march to Dow 20,000 continues.
Shortly thereafter, Congress actually passed the BOTS Act through both houses, sending it off to President Obama for his approval. Act and we believe its passage is a critical step in raising awareness and regulating the unauthorized use of Bots.
TomTom announced today that they are to partner with Microsoft to bring location-based services to Microsoft's Azure platform. On December 15, Microsoft and HERE announced a "multi-year strategic commercial agreement" between the two companies.
The month's outflows totaled US$63.54 billion and came on the heels record foreign selling of US$76.59 billion in September. Japanese Prime Minister Shinzo Abe and Russian President Vladimir Putin held a two-day summit in Japan that ended Friday.
Republicans intend to move swiftly to repeal major parts of the Affordable Care Act through a budget reconciliation bill. Almost 1 million people were still in the process of signing up for coverage at the end of Thursday, according to HHS.
Giannelli Imbula's strike bounced off the post and rebounded off Schmeichel's back, presenting Allen with a simple finish. Leicester boss Claudio Ranieri was furious with Pawson at half-time, but Hughes can not understand why.
Nicholas, who is also called Santa Claus, showed that all gifts really do is show that we're thinking about each other, with love. They ask him why he isn't at the North Pole, or if he is real, and he always has a Santa-ready reply for them.
MI will serve as the base for GM's frosty climate and winter driving condition testing for self-governing vehicles, Barra said . Barra said that will be opening up later to roads nearby, and after that, expanded throughout the Detroit area.