Hawaii Refinance Rates Today for November 2026
Brian McKay
Brian McKay
Founder & Data Architect- Automated Online Rate Data Aggregation
- Location-Based Rate Tables
- Bank & Credit Union Health Safety Ratings
- Bank & Credit Union Star Ratings
- Finance Calculators
Current Hawaii refinance rates today start at 5.75% for a 30 year fixed and 5.25% for a 15 year fixed, compared with Hawaii averages of 6.894% and 6.454%. Hawaii mortgage refinance rates range from 5.12% to 8.38%, verified by MonitorBankRates as of November 11, 2026. Current mortgage refinance rates in Hawaii include Hawaii State Federal Credit UnionHawaii State Federal Credit Union1099 Alakea St Ste 100, Aiea, HI, 96701A+5.0 ★Texas Ratio: 5.45%Rate verified Nov 7, 2026 at 6.375%, Pearl Hawaii Federal Credit UnionPearl Hawaii Federal Credit Union1288 Ala Moana Blvd Ste 106, Ewa Beach, HI, 96706 2268A+5.0 ★Texas Ratio: 1.89%Rate verified Nov 7, 2026 at 5.75%, Hawaii Central Federal Credit UnionHawaii Central Federal Credit Union1301 Punchbowl St, Honolulu, HI, 96813 2402A5.0 ★Texas Ratio: 8.05%Rate verified Nov 8, 2026 at 5.875%, University of Hawaii Federal Credit UnionUniversity of Hawaii Federal Credit Union2019 S King St, Honolulu, HI, 96707 1878A+5.0 ★Texas Ratio: 1.05%Rate verified Nov 7, 2026 at 6.125%, and CU Hawaii Federal Credit UnionCU Hawaii Federal Credit Union15 2660 Pahoa Village Rd, Hilo, HI, 96720A+5.0 ★Texas Ratio: 1.37%Rate verified Nov 7, 2026 at 6.50%. Refinance rates as of November 11, 2026 according to verified data from MonitorBankRates.
Use the tabs below to compare refinance rates across all loan types in Hawaii side-by-side. Hawaii refinance rates currently start as low as 5.75% from Pearl Hawaii Federal Credit Union at 1288 Ala Moana Blvd Ste 106, Ewa Beach, HI, 96706 2268. Rates are continually updated, so we recommend checking back frequently.
Refinance rates reflect actual verified offers from lenders actively lending to Hawaii homeowners. Your final approved rate will depend on your credit profile, loan-to-value ratio, cash-out amount, and daily market movements. Last Updated and Verified: November 11, 2026
Compare Refinance Rates Today in Hawaii
Rates shown are each lender’s posted rate for that loan type, which most lenders apply to purchase and refinance loans alike. Local Hawaii lenders are listed first in every tab. Among lenders that post both, refinance pricing currently runs about 0.116 points above the same lender’s purchase rate nationally. That premium is shown for context only; every rate in the table is the lender’s posted rate.
Hawaii 30 Year Fixed Refinance Rates
As Low As; Refinance; Rates effective 11/05/2026; APR includes temporary reduction of one origination point; limited-time discount of 1.50 discount points
As Low As; Refinance; Rates effective 11/05/2026; APR includes temporary reduction of one origination point; limited-time discount of 1.50 discount points
No additional details available.
No additional details available.
No additional details available.
Rate Type: Fixed; Examples based on loan amount up to $970,800
- Nov 7, 20266.36%▼ from 6.63%
- Oct 23, 20266.63%▼ from 6.76%
- Oct 12, 20266.76%first recorded
No additional details available.
Limited-time discount of 1.50 discount points; rates effective 11/05/2026
Down Payment: 20%; No prepayment penalty; Certain restrictions apply
Owner-occupant 1st mortgage, 20% down, 30-day lock
No additional details available.
Limited-time discount of 1.50 discount points; rates effective 11/05/2026
Payment: $623.87 (based on $100,000 loan); 1st Adj Rate: N/A; 1st Adj Payment: N/A; Effective 11/4/2026
Payment: $632.07 (based on $100,000 loan); 1st Adj Rate: N/A; 1st Adj Payment: N/A; Effective 11/4/2026
Owner-occupant 1st mortgage, 20% down, 30-day lock
Hawaii 15 Year Fixed Refinance Rates
No additional details available.
No additional details available.
Rates effective 11/05/2026; limited-time discount of 1.50 discount points; Advertised rates are 'as low as' rates and may not be available to all borrowers
- Nov 7, 20265.77%▼ from 5.81%
- Nov 2, 20265.81%▼ from 5.94%
- Oct 28, 20265.94%▼ from 6.28%
- Oct 8, 20266.28%▼ from 6.36%
Rates effective 11/05/2026; limited-time discount of 1.50 discount points; Advertised rates are 'as low as' rates and may not be available to all borrowers
- Nov 7, 20265.87%▼ from 5.91%
- Nov 2, 20265.91%▼ from 5.94%
- Oct 28, 20265.94%▼ from 6.28%
- Oct 8, 20266.28%▼ from 6.36%
LTV: Up to 80.00%; Monthly P&I:; Rates effective as of 11/01/2026
- Nov 2, 20265.90%▲ from 5.65%
- Oct 12, 20265.65%first recorded
LTV: Up to 80.00%; Monthly P&I:; Rates effective as of 11/01/2026
- Nov 2, 20265.93%▲ from 5.67%
- Oct 12, 20265.67%first recorded
No additional details available.
LTV: Up to 80.00%; Monthly P&I:; Rates effective as of 11/01/2026
- Nov 2, 20265.97%▲ from 5.72%
- Oct 12, 20265.72%first recorded
Owner-occupant 1st mortgage, 20% down, 30-day lock
Payment: $823.73 (based on $100,000 loan); 1st Adj Rate: N/A; 1st Adj Payment: N/A; Effective 11/4/2026
Down Payment: 20%; No prepayment penalty; Certain restrictions apply
Rate Type: Fixed; Examples based on loan amount up to $970,800
- Nov 7, 20266.14%▼ from 6.28%
- Oct 23, 20266.28%▼ from 6.41%
- Oct 12, 20266.41%first recorded
Payment: $830.41 (based on $100,000 loan); 1st Adj Rate: N/A; 1st Adj Payment: N/A; Effective 11/4/2026
- Nov 7, 20266.18%▼ from 6.30%
- Oct 28, 20266.30%first recorded
Payment: $837.12 (based on $100,000 loan); 1st Adj Rate: N/A; 1st Adj Payment: N/A; Effective 11/4/2026
- Nov 7, 20266.22%▼ from 6.73%
- Oct 23, 20266.73%first recorded
Today's Mortgage Rates (11/05/2026); Down Payment: 20%
- Nov 7, 20266.24%▼ from 6.50%
- Oct 27, 20266.50%▼ from 6.62%
- Oct 14, 20266.62%first recorded
Hawaii 5/1 ARM Refinance Rates
Effective Date: October 9, 2026; Payment: $1,104.41; 1st Adj Rate: 6.625%; 1st Adj Payment: $1,258.83
Rate Type: Adjustable; Examples based on loan amount up to $970,800
- Nov 7, 20266.13%▼ from 6.27%
- Oct 23, 20266.27%▼ from 6.40%
- Oct 12, 20266.40%first recorded
1st Adjustment Rate: 5.000%; 1st Adjustment Payment: $657.69; APR based on $100,000 loan amount, owner occupant, FICO 660 or higher
Rate Type: Adjustable; Examples based on loan amount up to $970,800
- Nov 7, 20266.44%▼ from 6.65%
- Oct 23, 20266.65%▼ from 6.70%
- Oct 12, 20266.70%first recorded
Rate Type: Adjustable; Examples based on loan amount up to $970,800
- Nov 7, 20266.74%▼ from 6.80%
- Oct 23, 20266.80%▼ from 6.85%
- Oct 12, 20266.85%first recorded
Hawaii 30-Year Jumbo Refinance Rates
No additional details available.
Effective Date: October 9, 2026; Payment: $3,690.63; 1st Adj Rate: 6.625%; 1st Adj Payment: $4,079.91; APR based on $650,000 loan for Jumbo
Effective Date: October 9, 2026; Payment: $3,539.17; 1st Adj Rate: 6.625%; 1st Adj Payment: $4,116.51; APR based on $650,000 loan for Jumbo
No additional details available.
As Low As
- Nov 11, 20266.50%▼ from 6.59%
- Nov 5, 20266.59%▼ from 6.71%
- Oct 31, 20266.71%▼ from 6.83%
- Oct 20, 20266.83%▼ from 6.87%
Amounts up to $1,500,000; Fixed Rate
Amounts up to $1,500,000; Fixed Rate
Last updated: November 4, 2026; 30-day lock for owner-occupant 1st mortgage loans with 20% down payment
No additional details available.
Down Payment: 20%; Rates as of 11/10/2026; Jumbo loan amounts greater than $1,249,125 for a single-family dwelling
Amounts up to $1,500,000; Fixed Rate
Last updated: November 4, 2026; 30-day lock for owner-occupant 1st mortgage loans with 20% down payment
- Nov 7, 20266.88%▼ from 7.30%
- Oct 12, 20267.30%first recorded
Amounts up to $1,500,000; Fixed Rate
Last updated: November 4, 2026; 30-day lock for owner-occupant 1st mortgage loans with 20% down payment
- Nov 7, 20266.96%▼ from 7.44%
- Oct 12, 20267.44%▲ from 7.21%
- Oct 4, 20267.21%first recorded
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
- Nov 11, 20267.02%▲ from 6.90%
- Nov 5, 20266.90%▼ from 7.15%
- Oct 26, 20267.15%first recorded
Hawaii 15-Year Jumbo Refinance Rates
Amounts up to $1,500,000; Fixed Rate
Amounts up to $1,500,000; Fixed Rate
Conventional fixed mortgage; minimum 5% down payment; Rates as of Nov 10, 2026 ET
Hawaii 5/1 Jumbo ARM Refinance Rates
Effective Date: January 28, 2026; Payment: $3,639.81; Based on $650,000.00 borrowed, repaid over five years with a $649,232.53 balloon due at maturity; 1st Adj Rate: N/A
- Oct 8, 20265.35%▼ from 5.38%
- Sep 16, 20265.38%first recorded
Effective Date: October 9, 2026; Payment: $3,639.81; 1st Adj Rate: 6.625%; 1st Adj Payment: $4,098.17; APR based on $650,000 loan for Jumbo
As Low As
- Nov 11, 20266.45%▼ from 6.53%
- Nov 5, 20266.53%▼ from 6.65%
- Oct 31, 20266.65%▼ from 6.78%
- Oct 20, 20266.78%▼ from 6.83%
Effective Date: January 28, 2026; Payment: $4,108.44; Based on $650,000.00 borrowed, repaid over five years with a $648,943.15 balloon due at maturity; 1st Adj Rate: N/A
- Oct 8, 20266.47%▼ from 6.50%
- Sep 16, 20266.50%first recorded
Hawaii FHA Loan Rates
Hawaii VA Loan Rates
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.37%▲ from 6.24%
- Nov 5, 20266.24%first recorded
As Low As; Rates as of Nov 10, 2026 ET; VA loan, no down payment required; Rate already reflects 0.25% discount for eligible Servicemembers and Veterans
- Nov 11, 20266.58%▼ from 7.10%
- Oct 14, 20267.10%first recorded
State of Hawaii only; first-time homebuyers; P&I:; 20% down; Interest rates updated as of 11/05/2026
Banks and Credit Unions: If you need to update your rate data or request removal from MonitorBankRates.com, please contact us here.
National Refinance Rate Averages
Daily averages of posted rates across every lender we track, as of November 12, 2026. Use these as the benchmark for the Hawaii quotes above; lenders that price refinances separately currently run about 0.116 points higher.
Hawaii Refinance Rate Trends
Compare local Hawaii refinance quotes against the statewide average
Daily averages of posted first-mortgage rates across our lender network, updated every evening. Because most lenders price purchase and refinance loans identically, this is the benchmark a Hawaii refinance quote should be measured against, plus roughly 0.116 points at lenders that price refinances separately.
Hawaii 30-year fixed rates fell 0.079 points over the past 7 days to 6.894%.
Hawaii 15-year fixed rates fell 0.038 points over the past 7 days to 6.454%.
What Hawaii Homeowners Actually Pay to Refinance
Posted refinance rates from our lender network alongside the rates borrowers closed at, from federal HMDA filings
Two different measures. The refinance premium is computed nightly from lenders that publish separate purchase and refinance pricing. HMDA figures are median note rates on loans that actually closed.
Hawaii Refinance Rate Forecast, Next 12 Months
Where are Hawaii refinance rates headed through November 2027?
Based on Fed funds rate futures, 10-year Treasury path, and historical mortgage spread model. If the forecast shows rates falling, waiting may beat refinancing today; the break-even calculator below shows what each scenario is worth. Not financial advice.
What Forecast Rates Mean for Hawaii Homeowners Refinancing
Monthly principal & interest on a 30-year refinance of the loan of $671,280 (80% of the state median home value). Payment differences show what waiting for the forecast rate would be worth each month.
| Scenario | Rate | Mo. Payment | vs. Today | % of Income |
|---|---|---|---|---|
| Today (HI avg) | 6.894% | $4,418 | 52.8% | |
| 6-Month Forecast | 6.894% (6.54, 7.19%) | $4,418 | +$0/mo | 52.8% |
| 12-Month Forecast | 7.144% (6.79, 7.44%) | $4,531 | +$113/mo | 54.2% |
Income column = annual mortgage payment as % of Hawaii median household income ($100,389). Above 30% is generally considered cost-burdened.
Hawaii Refinance Break-Even Calculator
Enter your current loan and the refinance rate you have been quoted. The calculator shows the new payment, monthly savings, and how many months it takes for those savings to pay back the closing costs. Click a current Hawaii rate on the right to test it instantly.
Principal and interest only. Excludes escrow, mortgage insurance, and any prepayment penalty on the current loan. Lifetime interest compares the remaining interest on the current loan to total interest on the new loan. Estimates are for informational purposes only.
Run the Numbers on Your Hawaii Refinance
The rate is only part of the decision. Use these calculators to turn current Hawaii home refinance rates into monthly savings, break-even months, and total interest before you request quotes from refinance lenders.
If you already own a home, enter your current rate, remaining loan balance, and the rate you’ve been quoted to refinance. The calculator shows your new monthly payment, how much you’d save each month, and the break-even point, the number of months it takes for your savings to cover the closing costs of refinancing.
CalculateEnter your loan amount, interest rate, and term length to see your estimated monthly principal and interest payment. Adjust any variable to model different scenarios: a larger down payment, a shorter term, or a rate a quarter-point lower than what you were quoted.
CalculateIf your goal is cash rather than a lower rate, compare current Hawaii home equity loan and HELOC rates against a cash-out refinance. Keeping a low existing first mortgage and adding a second lien is often the cheaper path, especially for loans originated between 2020 and 2022.
CompareTell us your gross income, monthly debt obligations, and how much you have for a down payment. We’ll show you the home price range you’re likely to qualify for at current Hawaii rates, so you can shop with a realistic number in mind rather than discovering your ceiling after you’ve fallen in love with a property.
CalculateTypes of Refinance Loans Available in Hawaii
Homeowners across Hawaii can choose from several refinance programs. The right one depends on what you are trying to do: lower the rate, shorten the term, pull cash out, or drop mortgage insurance. Pricing, appraisal requirements, and eligibility differ across each, and the cheapest program is not always the lowest posted rate once fees are counted.
Rate-and-Term Refinance
The standard refinance. You replace your existing mortgage with a new loan for about the same balance, changing only the rate, the term, or both. It is the lowest-priced refinance product at nearly every Hawaii lender because the loan-to-value ratio does not rise.
Best for homeowners whose rate is at least half a point above today’s Hawaii average and who plan to stay past the break-even point. Choosing a term that matches your remaining years, rather than resetting to 30, keeps the payoff date where it is.
Cash-Out Refinance
A cash-out refinance replaces your mortgage with a larger one and hands you the difference at closing. Conventional lenders cap the new loan at 80% of appraised value; VA cash-out loans go to 90%. Rates run above rate-and-term pricing.
If you hold a low rate from 2020 to 2022, a home equity loan or HELOC in Hawaii usually costs less than refinancing the whole balance at today’s rate to pull out cash.
FHA Streamline Refinance
For homeowners already in an FHA loan. No appraisal, no income verification, and limited credit review, as long as the new loan produces a net tangible benefit (generally a rate at least 0.5% lower, or a move from an ARM to a fixed rate). You need 210 days since the first payment and six on-time payments.
The upfront mortgage insurance premium is reduced to 0.01% and annual MIP continues, so FHA borrowers with 20% equity and good credit should also price a conventional rate-and-term refinance, which drops mortgage insurance entirely.
VA IRRRL (Streamline Refinance)
The Interest Rate Reduction Refinance Loan lets veterans refinance an existing VA loan with no appraisal, no income documentation, and a funding fee of just 0.5% (waived for borrowers with a service-connected disability). Closing costs can be rolled into the loan.
The new rate must be lower than the current one unless you are moving from an ARM to a fixed rate, and you must recoup closing costs within 36 months. VA lenders in Hawaii quote IRRRL pricing separately, so ask for it by name.
USDA Streamlined-Assist Refinance
For homeowners with an existing USDA Rural Development loan. No appraisal or credit review in most cases, and the new payment must be at least $50 a month lower than the current one. The property no longer has to meet the rural eligibility map.
Twelve months of on-time payments are required, and the 1% upfront guarantee fee plus the annual fee apply to the new loan.
Jumbo Refinance
The 2026 FHFA conforming baseline in Hawaii is $832,750 for most counties, higher in designated high-cost areas. A refinance above the county limit is a jumbo loan, priced and underwritten lender by lender.
Jumbo refinances usually require a 700 or higher credit score, reserves of six to twelve months of payments, and a loan-to-value of 80% or less. Because balances are large, even a quarter-point rate difference is worth thousands a year, so compare the 30-Year Jumbo and 15-Year Jumbo tabs above closely. If paying the balance down to the conforming limit at closing is possible, conforming refinance pricing is often noticeably better.
Methodology & Data Sources
Independent, Free, and Unbiased Rate Comparisons: MonitorBankRates.com is an independent rate comparison service. Our Hawaii refinance rate tables are free for consumers to use, and we do not receive payment from any lender to be included or to be ranked in any particular order. Listings are based solely on the rates each lender publicly advertises on its own website.
A Note on Third-Party Rate Tools: Some pages on our site also feature rate comparison widgets and tools provided by third-party partners. These tools may include sponsored listings or affiliate links, and we may receive compensation when users click through them. We clearly label these widgets so you can tell at a glance which rates come from our independent MonitorBankRates.com tables and which come from our advertising partners.
Direct-Sourced & Verified Refinance Rate Data: We aggregate mortgage and refinance rates for Hawaii directly from the official websites of local lenders, credit unions, and national mortgage originators using our proprietary rate aggregation technology and a dedicated team of rate updaters. Where a lender publishes a product specifically for refinancing, that product is listed by name; where a lender publishes one rate sheet for purchase and refinance loans, that rate is shown as the refinance rate, which is how the lender itself quotes it.
Refinance Premium and HMDA Figures: The refinance premium is the average difference between a lender’s refinance-labeled product and the same lender’s standard product of the same term, computed nightly across lenders that publish both. It is shown for context and is never added to any rate in the tables. HMDA figures are median note rates on first-lien, owner-occupied, one-to-four-unit loans originated in the most recent reporting year, from the Consumer Financial Protection Bureau’s public Loan/Application Register.
Local, Regional, and National Coverage: Our systems constantly monitor the market to provide a complete picture of available home loan products in Hawaii. We feature a comprehensive mix of licensed NMLS financial institutions, from neighborhood credit unions and competitive regional banks to large national originators available to borrowers in HI.
Daily Updates & Time-Stamped Accuracy: Our rate updaters verify and update mortgage and refinance rates daily. Because rates and APRs can fluctuate rapidly based on bond markets and economic conditions, every loan product features its own “last updated” date for full transparency.
Proprietary Lender Health & Safety Grades: Beyond tracking rates, MonitorBankRates evaluates the financial stability of every listed institution. Our Health Grades (A+ to F) and Star Ratings are composite metrics calculated using objective regulatory data, including the Texas Ratio, ensuring you compare rates from secure, reliable lenders.
Refinance Product Information
How a Mortgage Refinance Works
A refinance pays off your current mortgage with a new loan on the same Hawaii home. The new lender wires the payoff to the old lender at closing, and from that point you make payments on the new loan only. Because it is a brand-new mortgage, you go through an application, credit check, and usually an appraisal, and you pay closing costs, just as you did when you bought the home.
Refinance Rates vs. Purchase Rates
Most Hawaii banks and credit unions post one rate sheet that applies to purchase and refinance loans alike, which is why the tables above show the same lenders you will find on our Hawaii mortgage rates page. For example, Hawaii State Federal Credit Union is listing a 30-Year Fixed Mortgage Refinance at 6.375% for either purpose. Some lenders price refinances separately and list them by name, such as Hawaii State Federal Credit Union’s 30-Year Fixed Mortgage Refinance at 6.375%. Across lenders that post both, refinance pricing currently runs about 0.116 points above the same lender’s purchase rate nationally. Cash-out refinances, investment properties, and second homes carry pricing add-ons at every lender.
Finding Your Break Even Point
Divide total closing costs by the monthly payment savings and you get the number of months until the refinance has paid for itself. A Hawaii homeowner who expects to sell before that month should not refinance, no matter how good the rate looks. The calculator above runs this math with today’s local rates. A shorter break-even, under three years, is a comfortable margin; anything past five years needs a long stay to pay off.
Refinance Closing Costs
Refinance closing costs in Hawaii typically run two to five percent of the loan and include the lender’s origination fee, appraisal, title search and lender’s title policy, recording fees, and prepaid interest. Discount points are optional and buy the rate down. A no-closing-cost refinance rolls the fees into a higher rate or the loan balance. It is not free, but it can be the better choice for a homeowner likely to move or refinance again within a few years, because there is nothing to recoup.
When to Wait
Refinancing rarely pays when the new rate is less than half a point below the current one, when you are more than ten years into a 30-year loan and would reset the clock, or when your credit score has dropped since the original loan. Homeowners holding a rate from 2020 to 2022 are usually better served by keeping that loan and using a home equity loan or HELOC for cash needs. Our Hawaii refinance rate trends above show where rates have been over the past 90 days, and the forecast gives a sense of where they may head, so you can decide whether to lock now or wait.
Frequently Asked Questions about Refinance Rates in Hawaii
What are refinance rates in Hawaii today?
What are home loan refinance rates in Hawaii (HI) today?
Are refinance rates higher than purchase mortgage rates in Hawaii?
When does refinancing make sense in Hawaii?
How soon can I refinance a mortgage in Hawaii?
What is a rate-and-term refinance?
What is a cash-out refinance?
Does refinancing reset my 30-year term?
What are typical refinance closing costs in Hawaii?
What is the difference between interest rate and APR on a refinance?
Should I lock my refinance rate?
How do I compare refinance lenders in Hawaii?
How do I get refinance quotes in Hawaii?
What are the best refinance rates in Hawaii?
- Hawaii State Federal Credit Union: 6.375% (30-Year Fixed Mortgage Refinance)
- Pearl Hawaii Federal Credit Union: 5.75% (30 Year Mortgage- Owner Occupied, First Liens)
- Hawaii Central Federal Credit Union: 5.875% (1st Mortgage - 30 Year Fixed)
- University of Hawaii Federal Credit Union: 6.125% (1st Mortgage 30 Year Fixed)
- CU Hawaii Federal Credit Union: 6.50% (Residential Mortgage Loans - 30Yr Fixed)
