Hilo Mortgage Rates
30 Year Fixed Rate mortgages in Hilo averaged
5.71%
for the week of 2022-06-30, compared to the national average of
5.7% for the same period.
The average rate for the prior week (2022-06-23) was
5.82% and
one month ago for the week of 2022-05-26, the
average rate was 5.11%.
Hilo's average rate one year ago was 3.11%.
For refis of the same type during the week of 2022-06-30, the average rate
was 5.58%.
| Loan Type | Date | Rate |
|---|---|---|
| US 30 Year Fixed Rate | 2022-06-30 | 5.7% |
| Hilo 30 Year Fixed Rate | 2022-06-30 | 5.71% |
| Hilo 30 Year Fixed Rate Refi | 2022-06-30 | 5.58% |
| Hilo 15 Year Fixed Rate | 2022-06-30 | 4.94% |
| Hilo 15 Year Fixed Rate Refi | 2022-06-30 | 4.84% |
| Hilo 30 Year FHA | 2022-06-30 | 5.55% |
| Hilo 30 Year FHA Refi | 2022-06-30 | 5.74% |
| Hilo 30 Year USDA | 2022-06-30 | 5.4% |
| Hilo 30 Year USDA Refi | 2022-06-30 | 5.42% |
| Hilo 30 Year VA | 2022-06-30 | 5.73% |
| Hilo 30 Year VA Refi | 2022-06-30 | 5.4% |
Hilo Top Lenders by Rates & Fees
The below table looks at the consensus average rates and fees provided by each lendor, for only loans originated in the Hilo, HI market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).
Hilo, HI's 146 lenders originated 8,096
loans during 2021. The total origination value was $3,507,040,000, with an average loan value of
$433,182.
The top Hilo lender as defined by loan originations is QUICKEN LOANS, LLC, with
527 loans originated. Their average total fees are
$6,519, which is $153
lower than the next largest lender,
V.I.P. MORTGAGE, INC..
The lowest fee Hilo lenders (with over 10 loans originated) are
North American Savings Bank, F.S.B. ($3,501), NBKC BANK ($3,927), HAWAIIUSA FEDERAL CREDIT UNION ($4,184), KELLER MORTGAGE, LLC ($4,325) and FREEDOM MORTGAGE CORPORATION ($4,640).
The lowest rate Hilo lenders (with over 10 loans originated) are
Morgan Stanley Private Bank (2.53%), North American Savings Bank, F.S.B. (2.74%), First Republic Bank (2.75%), JPMorgan Chase Bank (2.77%) and AMERISAVE MORTGAGE CORPORATION (2.78%).
Hilo, HI Lender Market Share & Volume
Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.
| Name | 2020 Loan Value | 2021 Loan Value | % Change | 2021 Market Share |
|---|---|---|---|---|
| QUICKEN LOANS, LLC | $244,080,000 | $258,320,000 | 5.8% | 7.4% |
| Bank of Hawaii | $177,065,000 | $224,625,000 | 26.9% | 6.4% |
| V.I.P. MORTGAGE, INC. | $167,080,000 | $216,605,000 | 29.6% | 6.2% |
| UNITED WHOLESALE MORTGAGE, LLC | $114,245,000 | $169,845,000 | 48.7% | 4.8% |
| First Hawaiian Bank | $124,665,000 | $159,050,000 | 27.6% | 4.5% |
| LOANDEPOT.COM, LLC | $108,480,000 | $157,580,000 | 45.3% | 4.5% |
| JPMorgan Chase Bank | $57,980,000 | $131,580,000 | 126.9% | 3.8% |
| First Republic Bank | $52,930,000 | $110,555,000 | 108.9% | 3.2% |
| MID AMERICA MORTGAGE, INC. | $102,575,000 | $101,215,000 | -1.3% | 2.9% |
| FREEDOM MORTGAGE CORPORATION | $101,625,000 | $99,245,000 | -2.3% | 2.8% |
| Wells Fargo Bank | $121,140,000 | $94,745,000 | -21.8% | 2.7% |
| American Savings Bank, FSB | $80,060,000 | $91,915,000 | 14.8% | 2.6% |
| HOMEBRIDGE FINANCIAL SERVICES, INC. | $122,795,000 | $90,085,000 | -26.6% | 2.6% |
| PREMIER MORTGAGE RESOURCES, L.L.C. | $59,470,000 | $77,470,000 | 30.3% | 2.2% |
| Central Pacific Bank | $66,385,000 | $68,335,000 | 2.9% | 1.9% |
| Bank of America | $68,640,000 | $64,860,000 | -5.5% | 1.8% |
| AMERISAVE MORTGAGE CORPORATION | $28,820,000 | $64,770,000 | 124.7% | 1.8% |
| GUARANTEED RATE, INC. | $20,435,000 | $64,320,000 | 214.8% | 1.8% |
| ACADEMY MORTGAGE CORPORATION | $32,695,000 | $60,425,000 | 84.8% | 1.7% |
| CALIBER HOME LOANS, INC. | $52,415,000 | $58,985,000 | 12.5% | 1.7% |
| U.S. Bank | $33,120,000 | $57,070,000 | 72.3% | 1.6% |
| HOME POINT FINANCIAL CORPORATION | $20,235,000 | $48,170,000 | 138.1% | 1.4% |
| PLAZA HOME MORTGAGE, INC. | $73,995,000 | $46,450,000 | -37.2% | 1.3% |
| PENNYMAC LOAN SERVICES, LLC | $22,100,000 | $44,965,000 | 103.5% | 1.3% |
| Citibank | $53,380,000 | $40,925,000 | -23.3% | 1.2% |
| Morgan Stanley Private Bank | $16,965,000 | $39,535,000 | 133.0% | 1.1% |
| AMERICAN PACIFIC MORTGAGE CORPORATION | $41,115,000 | $38,685,000 | -5.9% | 1.1% |
| Flagstar Bank, FSB | $38,810,000 | $38,290,000 | -1.3% | 1.1% |
| NBKC BANK | $29,285,000 | $31,600,000 | 7.9% | 0.9% |
| Mortgage Research Center, LLC | $17,365,000 | $28,355,000 | 63.3% | 0.8% |
| Mr. Cooper ( Nationstar Mortgage ) | $14,835,000 | $27,400,000 | 84.7% | 0.8% |
| FAIRWAY INDEPENDENT MORTGAGE CORPORATION | $26,710,000 | $24,375,000 | -8.7% | 0.7% |
| UBS Bank USA | $11,245,000 | $23,425,000 | 108.3% | 0.7% |
| NAVY FEDERAL CREDIT UNION | $16,620,000 | $22,495,000 | 35.3% | 0.6% |
| GUILD MORTGAGE COMPANY | $13,160,000 | $21,925,000 | 66.6% | 0.6% |
| SECURITYNATIONAL MORTGAGE COMPANY | $7,895,000 | $19,930,000 | 152.4% | 0.6% |
| CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP | $17,610,000 | $19,180,000 | 8.9% | 0.5% |
| PACIFIC HOME LOANS, INC. | $4,635,000 | $17,255,000 | 272.3% | 0.5% |
| City National Bank | $15,560,000 | $16,950,000 | 8.9% | 0.5% |
| CITYWIDE HOME LOANS, LLC | $8,030,000 | $16,950,000 | 111.1% | 0.5% |
| CROSSCOUNTRY MORTGAGE, LLC | $3,920,000 | $16,555,000 | 322.3% | 0.5% |
| BMO Harris Bank | $4,350,000 | $15,110,000 | 247.4% | 0.4% |
| North American Savings Bank, F.S.B. | $10,975,000 | $14,805,000 | 34.9% | 0.4% |
| Finance Factors, Limited | $17,325,000 | $14,215,000 | -18.0% | 0.4% |
| AMERICAN FINANCIAL NETWORK, INC. | $16,995,000 | $13,280,000 | -21.9% | 0.4% |
| CASTLE & COOKE MORTGAGE, LLC | $15,160,000 | $12,845,000 | -15.3% | 0.4% |
| HighTechLending Inc | $14,420,000 | $12,305,000 | -14.7% | 0.4% |
| Charles Schwab Bank, SSB | $6,665,000 | $11,740,000 | 76.1% | 0.3% |
| STEARNS LENDING, LLC | $6,465,000 | $11,725,000 | 81.4% | 0.3% |
| KeyBank | $11,720,000 | n/a | 0.3% | |
| FINANCE OF AMERICA MORTGAGE LLC | $5,975,000 | $11,470,000 | 92.0% | 0.3% |
| SUN WEST MORTGAGE COMPANY, INC. | $2,970,000 | $11,420,000 | 284.5% | 0.3% |
| PNC Bank | $9,400,000 | $11,280,000 | 20.0% | 0.3% |
| The Federal Savings Bank | $18,100,000 | $10,890,000 | -39.8% | 0.3% |
| MANN FINANCIAL INC. | $3,660,000 | $10,605,000 | 189.8% | 0.3% |
| ROUNDPOINT MORTGAGE SERVICING CORPORATION | $9,500,000 | n/a | 0.3% | |
| Nations Lending Corporation | $7,225,000 | $9,195,000 | 27.3% | 0.3% |
| Wintrust Bank, N.A. | $8,995,000 | n/a | 0.3% | |
| Silicon Valley Bank | $8,985,000 | n/a | 0.3% | |
| LAND HOME FINANCIAL SERVICES, INC. | $10,800,000 | $8,260,000 | -23.5% | 0.2% |
| Toyota Financial Savings Bank | $1,215,000 | $7,005,000 | 476.5% | 0.2% |
| CMG MORTGAGE, INC. | $3,365,000 | $6,960,000 | 106.8% | 0.2% |
| HomeStreet Bank | $4,295,000 | $6,915,000 | 61.0% | 0.2% |
| Umpqua Bank | $10,035,000 | $6,795,000 | -32.3% | 0.2% |
| NEWREZ LLC | $6,570,000 | n/a | 0.2% | |
| Home Mortgage Alliance Corp | $6,525,000 | n/a | 0.2% | |
| FINANCE OF AMERICA REVERSE LLC | $4,765,000 | $6,300,000 | 32.2% | 0.2% |
| Washington Trust Bank | $6,100,000 | n/a | 0.2% | |
| CELEBRITY HOME LOANS, LLC | $5,850,000 | n/a | 0.2% | |
| Axos Bank | $6,085,000 | $5,785,000 | -4.9% | 0.2% |
| PENTAGON FEDERAL CREDIT UNION | $3,800,000 | $5,515,000 | 45.1% | 0.2% |
| NEW DAY FINANCIAL, LLC | $5,470,000 | $5,470,000 | 0.0% | 0.2% |
| Carrington Mortgage Services, LLC | $5,365,000 | $5,415,000 | 0.9% | 0.2% |
| KELLER MORTGAGE, LLC | $8,595,000 | $5,310,000 | -38.2% | 0.2% |
| Quontic Bank | $5,260,000 | n/a | 0.1% | |
| LENDUS, LLC | $5,600,000 | $5,160,000 | -7.9% | 0.1% |
| HAWAIIUSA FEDERAL CREDIT UNION | $4,475,000 | $4,880,000 | 9.1% | 0.1% |
| Goldman Sachs Bank USA | $45,995,000 | $4,750,000 | -89.7% | 0.1% |
| SOVEREIGN LENDING GROUP INCORPORATED | $1,520,000 | $4,675,000 | 207.6% | 0.1% |
| USAA Federal Savings Bank | $13,395,000 | $4,610,000 | -65.6% | 0.1% |
| MASON MCDUFFIE MORTGAGE CORPORATION | $4,360,000 | n/a | 0.1% | |
| COMPASS HOME LOANS, LLC | $7,155,000 | $4,285,000 | -40.1% | 0.1% |
| Strong Home Mortgage, LLC | $4,280,000 | n/a | 0.1% | |
| MOVEMENT MORTGAGE, LLC | $3,395,000 | $4,200,000 | 23.7% | 0.1% |
| Barrington Bank & Trust Company, N.A. | $2,935,000 | $4,135,000 | 40.9% | 0.1% |
| Comerica Bank | $4,100,000 | n/a | 0.1% | |
| MUTUAL OF OMAHA MORTGAGE, INC. | $2,870,000 | $4,055,000 | 41.3% | 0.1% |
| CIVIC FINANCIAL SERVICES, LLC | $5,795,000 | $3,990,000 | -31.1% | 0.1% |
| Hometown Equity Mortgage, LLC | $3,730,000 | n/a | 0.1% | |
| Greenbox Loans, Inc. | $3,645,000 | n/a | 0.1% | |
| BM Real Estate Services, Inc. | $1,085,000 | $3,565,000 | 228.6% | 0.1% |
| ALOHA PACIFIC | $3,415,000 | n/a | 0.1% | |
| BNY Mellon | $7,600,000 | $3,410,000 | -55.1% | 0.1% |
| PRIMELENDING, A PLAINSCAPITAL COMPANY | $3,600,000 | $3,190,000 | -11.4% | 0.1% |
| Paramount Residential Mortgage Group, Inc. | $3,085,000 | $3,120,000 | 1.1% | 0.1% |
| CLEARPATH LENDING | $6,740,000 | $3,090,000 | -54.2% | 0.1% |
| AMERICAN FINANCING CORPORATION | $1,445,000 | $3,080,000 | 113.1% | 0.1% |
| SUMMIT FUNDING, INC. | $2,080,000 | $2,990,000 | 43.8% | 0.1% |
| REVERSE MORTGAGE FUNDING LLC | $2,845,000 | n/a | 0.1% | |
| First Home Bank | $2,005,000 | $2,745,000 | 36.9% | 0.1% |
| FUNDLOANS CAPITAL | $2,535,000 | n/a | 0.1% | |
| HAWAIIAN FINANCIAL | $3,080,000 | $2,495,000 | -19.0% | 0.1% |
| First Foundation Bank | $2,425,000 | n/a | 0.1% | |
| Raymond James Bank | $2,320,000 | n/a | 0.1% | |
| HAWAII STATE FEDERAL CREDIT UNION | $7,115,000 | $2,150,000 | -69.8% | 0.1% |
| Territorial Savings Bank | $3,100,000 | $2,145,000 | -30.8% | 0.1% |
| UMB Bank | $2,080,000 | n/a | 0.1% | |
| Community First National Bank | $1,525,000 | $2,035,000 | 33.4% | 0.1% |
| Northwest Farm Credit Services, FLCA | $3,270,000 | $2,005,000 | -38.7% | 0.1% |
| Mortgage Bank of California | $1,965,000 | n/a | 0.1% | |
| RBC Bank, (Georgia) | $4,165,000 | $1,935,000 | -53.5% | 0.1% |
| TIAA, FSB | $3,625,000 | $1,840,000 | -49.2% | 0.1% |
| Northpointe Bank | $2,025,000 | $1,825,000 | -9.9% | 0.1% |
| The Bennington State Bank | $1,795,000 | n/a | 0.1% | |
| PRIMARY RESIDENTIAL MORTGAGE, INC. | $1,935,000 | $1,790,000 | -7.5% | 0.1% |
| LINKBANK | $1,705,000 | n/a | 0.0% | |
| TEMPLE VIEW CAPITAL FUNDING, LP | $860,000 | $1,700,000 | 97.7% | 0.0% |
| KINECTA | $1,685,000 | n/a | 0.0% | |
| Ameris Bank | $5,270,000 | $1,670,000 | -68.3% | 0.0% |
| Baxter Credit Union | $385,000 | $1,670,000 | 333.8% | 0.0% |
| GENEVA FINANCIAL, LLC | $1,670,000 | n/a | 0.0% | |
| The Central Trust Bank | $1,655,000 | n/a | 0.0% | |
| DAS Acquisition Company, LLC | $1,605,000 | n/a | 0.0% | |
| AMERICAN ADVISORS GROUP | $2,055,000 | $1,600,000 | -22.1% | 0.0% |
| Stifel Bank and Trust | $3,710,000 | $1,555,000 | -58.1% | 0.0% |
| INTERNATIONAL CITY MORTGAGE, INC. | $305,000 | $1,550,000 | 408.2% | 0.0% |
| AXIA FINANCIAL, LLC | $650,000 | $1,505,000 | 131.5% | 0.0% |
| BAY EQUITY LLC | $930,000 | $1,495,000 | 60.8% | 0.0% |
| Arvest Bank | $205,000 | $1,475,000 | 619.5% | 0.0% |
| IMPAC MORTGAGE CORP. | $1,780,000 | $1,475,000 | -17.1% | 0.0% |
| First Western Trust Bank | $1,385,000 | $1,455,000 | 5.1% | 0.0% |
| BOKF | $355,000 | $1,395,000 | 293.0% | 0.0% |
| JMJ FINANCIAL GROUP | $1,380,000 | $1,375,000 | -0.4% | 0.0% |
| Bank of England | $2,145,000 | $1,330,000 | -38.0% | 0.0% |
| CALCON MUTUAL MORTGAGE LLC | $1,175,000 | n/a | 0.0% | |
| ADVANCIAL | $1,140,000 | n/a | 0.0% | |
| Colonial Savings, F.A. | $1,365,000 | $1,080,000 | -20.9% | 0.0% |
| OCMBC, INC. | $555,000 | $1,080,000 | 94.6% | 0.0% |
| University of Hawaii Federal Credit Union | $760,000 | $1,010,000 | 32.9% | 0.0% |
| Atlantic Union Bank | $990,000 | n/a | 0.0% | |
| Watermark Capital, Inc. | $1,955,000 | $990,000 | -49.4% | 0.0% |
| American Mortgage and Insurance Inc. | $1,245,000 | $985,000 | -20.9% | 0.0% |
| Magnolia Bank | $2,290,000 | $965,000 | -57.9% | 0.0% |
| Farmers Bank & Trust | $960,000 | n/a | 0.0% | |
| ALLIANT CREDIT UNION | $450,000 | $935,000 | 107.8% | 0.0% |
| Manufacturers and Traders Trust Company | $865,000 | n/a | 0.0% | |
| The Huntington National Bank | $1,845,000 | $860,000 | -53.4% | 0.0% |
| Origin Bank | $855,000 | n/a | 0.0% | |
| Evolve Bank & Trust | $215,000 | $835,000 | 288.4% | 0.0% |
| United Nations Federal Credit Union | $1,300,000 | $775,000 | -40.4% | 0.0% |
| LENDSURE MORTGAGE CORP. | $710,000 | n/a | 0.0% | |
| BankPlus | $705,000 | n/a | 0.0% | |
| CALCULATED RISK ANALYTICS LLC | $705,000 | n/a | 0.0% | |
| STAR ONE CREDIT UNION | $1,235,000 | $685,000 | -44.5% | 0.0% |
| MATANUSKA VALLEY FEDERAL CREDIT UNION | $675,000 | n/a | 0.0% | |
| MLD MORTGAGE INC. | $660,000 | $675,000 | 2.3% | 0.0% |
| SIRVA MORTGAGE, INC. | $615,000 | n/a | 0.0% | |
| JAYCO PREMIUM FINANCE OF CALIFORNIA, INC. | $605,000 | n/a | 0.0% | |
| LOS ANGELES POLICE Federal Credit Union | $575,000 | n/a | 0.0% | |
| QUORUM FEDERAL CREDIT UNION | $255,000 | $560,000 | 119.6% | 0.0% |
| PLANET HOME LENDING, LLC | $535,000 | n/a | 0.0% | |
| HICKAM | $525,000 | n/a | 0.0% | |
| Zions Bancorporation, N.A. | $525,000 | n/a | 0.0% | |
| SKYONE Federal Credit Union | $505,000 | n/a | 0.0% | |
| Discover Bank | $875,000 | $500,000 | -42.9% | 0.0% |
| Willamette Valley Bank | $535,000 | $480,000 | -10.3% | 0.0% |
| NATIONS RELIABLE LENDING, LLC | $470,000 | n/a | 0.0% | |
| Citadel Servicing Corporation | $445,000 | n/a | 0.0% | |
| STANFORD Federal Credit Union | $445,000 | n/a | 0.0% | |
| AMERICAN INTERNET MORTGAGE, INC. | $765,000 | $440,000 | -42.5% | 0.0% |
| Presidential Bank, FSB | $435,000 | n/a | 0.0% | |
| Cf Bank | $415,000 | n/a | 0.0% | |
| Low VA Rates, LLC | $1,455,000 | $410,000 | -71.8% | 0.0% |
| City Bank | $365,000 | n/a | 0.0% | |
| F&A Federal Credit Union | $355,000 | n/a | 0.0% | |
| LENOX FINANCIAL MORTGAGE CORPORATION | $355,000 | n/a | 0.0% | |
| Utah Power | $355,000 | n/a | 0.0% | |
| VELOCITY COMMERCIAL CAPITAL, LLC | $335,000 | n/a | 0.0% | |
| Franklin Loan Corporation | $315,000 | n/a | 0.0% | |
| Firefighters First Federal Credit Union | $860,000 | $305,000 | -64.5% | 0.0% |
| First Internet Bank of Indiana | $590,000 | $305,000 | -48.3% | 0.0% |
| First Savings Bank | $475,000 | $305,000 | -35.8% | 0.0% |
| Reliant Bank | $305,000 | n/a | 0.0% | |
| ATHAS CAPITAL GROUP, INC. | $600,000 | $275,000 | -54.2% | 0.0% |
| LOANPAL, LLC | $275,000 | n/a | 0.0% | |
| CHEVRON | $265,000 | n/a | 0.0% | |
| Bank-Fund Staff Federal Credit Union | $255,000 | n/a | 0.0% | |
| Austin Capital Bank SSB | $245,000 | n/a | 0.0% | |
| Congressional Bank | $245,000 | n/a | 0.0% | |
| First Federal Bank | $2,105,000 | $245,000 | -88.4% | 0.0% |
| Visio Financial Services Inc. | $215,000 | n/a | 0.0% | |
| CITIZENS EQUITY FIRST | $205,000 | n/a | 0.0% | |
| Plains Commerce Bank | $165,000 | $205,000 | 24.2% | 0.0% |
| Gate City Bank | $195,000 | n/a | 0.0% | |
| Paramount Bank | $315,000 | $195,000 | -38.1% | 0.0% |
| American Airlines Federal Credit Union | $170,000 | n/a | 0.0% | |
| UNIFY FINANCIAL Credit Union | $155,000 | $155,000 | 0.0% | 0.0% |
| MASS. INSTITUTE OF TECH. FEDERAL CREDIT UNION | $105,000 | n/a | 0.0% |
Hilo's top lender by overall market share is QUICKEN LOANS, LLC, with 7.4% market share. In second place, with 6.4%, is Bank of Hawaii, having originated $224,625,000 in loans. In third place, with 6.2%, is V.I.P. MORTGAGE, INC., having originated $216,605,000 in loans. In third place, with 4.8%, is UNITED WHOLESALE MORTGAGE, LLC, having originated $169,845,000 in loans. In third place, with 4.5%, is First Hawaiian Bank, having originated $159,050,000 in loans.
Hilo, HI Market Loan Reason
| Loan Purpose | Originations | Total Value | Average Loan |
|---|---|---|---|
| Refi | 3,019 | $1,107,505,000 | $366,845 |
| Home Purchase | 2,985 | $1,506,265,000 | $504,611 |
| Cash Out Refi | 1,572 | $620,850,000 | $394,943 |
| Other | 297 | $216,975,000 | $730,556 |
| Home Improvement | 223 | $55,445,000 | $248,632 |
Hilo's most frequently cited loan purpose was Refi, with 3,019 originations. The 2nd most popular reason was Home Purchase, with 2,985 originations.
Interest Rate Frequencies
| Loan Rate | Originations | Total Value | Average Loan |
|---|---|---|---|
| 2.5-3% | 3,400 | $1,469,680,000 | $432,259 |
| 3-4% | 2,280 | $965,280,000 | $423,368 |
| <2.5% | 2,108 | $948,580,000 | $449,991 |
| 4-5% | 217 | $68,735,000 | $316,751 |
| 5-6% | 22 | $12,160,000 | $552,727 |
| 7-8% | 15 | $4,835,000 | $322,333 |
| Over 8% | 10 | $2,300,000 | $230,000 |
| 6-7% | 9 | $7,225,000 | $802,778 |
During 2021, Hilo's most frequently originated rate bucket was 2.5-3%, with 3,400 originations.
Loan Sizing (Hilo, HI MSA)
| Loan Size | Originations | Total Value | Average Loan |
|---|---|---|---|
| $200k-400k | 3,692 | $1,067,450,000 | $289,125 |
| $400k-600k | 1,709 | $823,285,000 | $481,735 |
| $100k-200k | 1,274 | $198,100,000 | $155,495 |
| $600k-1000k | 831 | $603,475,000 | $726,203 |
| $Over $1MM | 324 | $797,290,000 | $2,460,772 |
| $100,000 or less | 266 | $17,440,000 | $65,564 |
Hilo's loan sizing saw the bucket of loans from $200k-400k with 3,692 originations, totaling $1,067,450,000 in origination value.
LTV Distribution
| Loan to Value | Originations | Total Value | Average Loan |
|---|---|---|---|
| 60-80% | 2,850 | $1,412,470,000 | $495,604 |
| 80-100% | 2,061 | $863,405,000 | $418,925 |
| 40-60% | 1,743 | $810,955,000 | $465,264 |
| 20-40% | 821 | $231,665,000 | $282,174 |
| Under 20% | 259 | $29,135,000 | $112,490 |
| Over 100% | 84 | $45,290,000 | $539,167 |
Hilo's loan sizing saw loans grouped in the 60-80% Loan-to-value bucket with 2,850 originations, totaling $1,412,470,000 in origination value.
Market Conditions (Median, Average Prices & Listing Count)
Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Price (YoY Change) | Average Listing Price (YoY) | MSA/US Median Price Ratio | Active Listings |
|---|---|---|---|---|
| 2018-01-01 | $540,944 (1.2%) | $1,081,146 (4.6%) | 1.99 | 1,404 |
| 2018-02-01 | $532,500 (0.7%) | $1,071,928 (5.5%) | 1.92 | 1,440 |
| 2018-03-01 | $525,000 (0.0%) | $1,075,973 (8.3%) | 1.82 | 1,362 |
| 2018-04-01 | $525,000 (-0.8%) | $1,026,523 (0.8%) | 1.76 | 1,329 |
| 2018-05-01 | $527,000 (5.6%) | $1,039,593 (1.4%) | 1.76 | 1,296 |
| 2018-06-01 | $525,000 (4.5%) | $1,046,756 (2.4%) | 1.75 | 1,328 |
| 2018-07-01 | $532,000 (1.3%) | $1,049,988 (2.6%) | 1.77 | 1,332 |
| 2018-08-01 | $525,000 (0.6%) | $1,050,404 (-2.4%) | 1.75 | 1,331 |
| 2018-09-01 | $519,000 (2.8%) | $1,029,602 (-3.6%) | 1.74 | 1,319 |
| 2018-10-01 | $501,950 (0.6%) | $981,748 (-4.9%) | 1.68 | 1,336 |
| 2018-11-01 | $498,500 (0.3%) | $956,388 (-5.6%) | 1.67 | 1,407 |
| 2018-12-01 | $519,000 (0.0%) | $1,010,847 (-1.1%) | 1.78 | 1,464 |
| 2019-01-01 | $525,000 (-3.0%) | $1,028,641 (-4.9%) | 1.81 | 1,542 |
| 2019-02-01 | $519,000 (-2.5%) | $1,046,121 (-2.4%) | 1.74 | 1,572 |
| 2019-03-01 | $508,714 (-3.1%) | $1,047,110 (-2.7%) | 1.66 | 1,555 |
| 2019-04-01 | $492,000 (-6.3%) | $1,043,175 (1.6%) | 1.55 | 1,541 |
| 2019-05-01 | $479,450 (-9.0%) | $1,045,956 (0.6%) | 1.48 | 1,507 |
| 2019-06-01 | $470,000 (-10.5%) | $1,034,103 (-1.2%) | 1.45 | 1,496 |
| 2019-07-01 | $469,000 (-11.8%) | $1,027,294 (-2.2%) | 1.46 | 1,460 |
| 2019-08-01 | $448,571 (-14.6%) | $1,028,449 (-2.1%) | 1.41 | 1,452 |
| 2019-09-01 | $437,500 (-15.7%) | $1,023,009 (-0.6%) | 1.39 | 1,430 |
| 2019-10-01 | $447,000 (-11.0%) | $1,037,037 (5.6%) | 1.43 | 1,396 |
| 2019-11-01 | $450,000 (-9.7%) | $1,062,977 (11.1%) | 1.45 | 1,427 |
| 2019-12-01 | $447,000 (-13.9%) | $1,054,642 (4.3%) | 1.49 | 1,417 |
| 2020-01-01 | $462,000 (-12.0%) | $1,088,468 (5.8%) | 1.54 | 1,362 |
| 2020-02-01 | $460,000 (-11.4%) | $1,101,382 (5.3%) | 1.48 | 1,346 |
| 2020-03-01 | $450,000 (-11.5%) | $1,085,300 (3.7%) | 1.41 | 1,368 |
| 2020-04-01 | $425,000 (-13.6%) | $1,004,957 (-3.7%) | 1.32 | 1,307 |
| 2020-05-01 | $450,000 (-6.1%) | $1,025,246 (-2.0%) | 1.36 | 1,289 |
| 2020-06-01 | $468,750 (-0.3%) | $1,044,069 (1.0%) | 1.37 | 1,272 |
| 2020-07-01 | $464,000 (-1.1%) | $1,092,502 (6.4%) | 1.33 | 1,183 |
| 2020-08-01 | $450,000 (0.3%) | $1,121,440 (9.0%) | 1.29 | 1,129 |
| 2020-09-01 | $499,000 (14.1%) | $1,221,418 (19.4%) | 1.43 | 1,022 |
| 2020-10-01 | $499,000 (11.6%) | $1,281,596 (23.6%) | 1.43 | 996 |
| 2020-11-01 | $505,000 (12.2%) | $1,296,984 (22.0%) | 1.45 | 944 |
| 2020-12-01 | $517,000 (15.7%) | $1,353,149 (28.3%) | 1.52 | 888 |
| 2021-01-01 | $525,000 (13.6%) | $1,355,088 (24.5%) | 1.54 | 799 |
| 2021-02-01 | $504,450 (9.7%) | $1,397,644 (26.9%) | 1.45 | 637 |
| 2021-03-01 | $507,000 (12.7%) | $1,484,723 (36.8%) | 1.42 | 536 |
| 2021-04-01 | $509,000 (19.8%) | $1,378,245 (37.1%) | 1.37 | 508 |
| 2021-05-01 | $554,900 (23.3%) | $1,273,664 (24.2%) | 1.46 | 448 |
| 2021-06-01 | $587,500 (25.3%) | $1,335,497 (27.9%) | 1.53 | 431 |
| 2021-07-01 | $597,000 (28.7%) | $1,341,237 (22.8%) | 1.55 | 395 |
| 2021-08-01 | $564,500 (25.4%) | $1,235,259 (10.2%) | 1.48 | 430 |
| 2021-09-01 | $589,250 (18.1%) | $1,174,987 (-3.8%) | 1.55 | 489 |
| 2021-10-01 | $575,000 (15.2%) | $1,228,764 (-4.1%) | 1.51 | 484 |
| 2021-11-01 | $567,000 (12.3%) | $1,422,529 (9.7%) | 1.49 | 462 |
| 2021-12-01 | $550,000 (6.4%) | $1,375,875 (1.7%) | 1.47 | 451 |
| 2022-01-01 | $550,000 (4.8%) | $1,542,954 (13.9%) | 1.47 | 430 |
| 2022-02-01 | $549,450 (8.9%) | $1,510,161 (8.1%) | 1.40 | 423 |
| 2022-03-01 | $549,000 (8.3%) | $1,474,269 (-0.7%) | 1.36 | 434 |
| 2022-04-01 | $550,000 (8.1%) | $1,486,293 (7.8%) | 1.29 | 424 |
| 2022-05-01 | $611,956 (10.3%) | $1,425,516 (11.9%) | 1.37 | 479 |
| 2022-06-01 | $650,000 (10.6%) | $1,352,511 (1.3%) | 1.44 | 556 |
Hilo's median listing price comes in at 144% of the national average.
Hilo's average listing price for 2022-06-01 was $1,352,511, a difference of $17,014 (1.3%) versus the prior year and $-73,005 versus the prior month.
For the 2022-06-01 period, Hilo had 556 MLS listings, a difference of 77 listings (16%) versus the prior month and 125 listings (29%) versus the prior year.
Median Listing Time on Market & Square Footage
Realtor.com - Hilo (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis| Date | Median Listing Time on Market | Median Square Footage |
|---|---|---|
| 2018-01-01 | 106 days | 1,594 sqft |
| 2018-02-01 | 101 days | 1,585 sqft |
| 2018-03-01 | 101 days | 1,584 sqft |
| 2018-04-01 | 96 days | 1,579 sqft |
| 2018-05-01 | 101 days | 1,575 sqft |
| 2018-06-01 | 102 days | 1,584 sqft |
| 2018-07-01 | 105 days | 1,592 sqft |
| 2018-08-01 | 109 days | 1,588 sqft |
| 2018-09-01 | 107 days | 1,590 sqft |
| 2018-10-01 | 106 days | 1,582 sqft |
| 2018-11-01 | 100 days | 1,578 sqft |
| 2018-12-01 | 95 days | 1,589 sqft |
| 2019-01-01 | 90 days | 1,593 sqft |
| 2019-02-01 | 90 days | 1,600 sqft |
| 2019-03-01 | 88 days | 1,601 sqft |
| 2019-04-01 | 92 days | 1,602 sqft |
| 2019-05-01 | 94 days | 1,594 sqft |
| 2019-06-01 | 99 days | 1,584 sqft |
| 2019-07-01 | 63 days | 1,584 sqft |
| 2019-08-01 | 104 days | 1,563 sqft |
| 2019-09-01 | 103 days | 1,536 sqft |
| 2019-10-01 | 101 days | 1,548 sqft |
| 2019-11-01 | 100 days | 1,556 sqft |
| 2019-12-01 | 100 days | 1,538 sqft |
| 2020-01-01 | 99 days | 1,538 sqft |
| 2020-02-01 | 98 days | 1,552 sqft |
| 2020-03-01 | 92 days | 1,516 sqft |
| 2020-04-01 | 93 days | 1,476 sqft |
| 2020-05-01 | 97 days | 1,488 sqft |
| 2020-06-01 | 106 days | 1,498 sqft |
| 2020-07-01 | 111 days | 1,532 sqft |
| 2020-08-01 | 93 days | 1,525 sqft |
| 2020-09-01 | 88 days | 1,516 sqft |
| 2020-10-01 | 87 days | 1,512 sqft |
| 2020-11-01 | 84 days | 1,485 sqft |
| 2020-12-01 | 81 days | 1,483 sqft |
| 2021-01-01 | 88 days | 1,516 sqft |
| 2021-02-01 | 87 days | 1,519 sqft |
| 2021-03-01 | 75 days | 1,533 sqft |
| 2021-04-01 | 57 days | 1,504 sqft |
| 2021-05-01 | 52 days | 1,568 sqft |
| 2021-06-01 | 50 days | 1,556 sqft |
| 2021-07-01 | 54 days | 1,538 sqft |
| 2021-08-01 | 44 days | 1,482 sqft |
| 2021-09-01 | 38 days | 1,518 sqft |
| 2021-10-01 | 44 days | 1,460 sqft |
| 2021-11-01 | 56 days | 1,482 sqft |
| 2021-12-01 | 55 days | 1,462 sqft |
| 2022-01-01 | 52 days | 1,472 sqft |
| 2022-02-01 | 53 days | 1,426 sqft |
| 2022-03-01 | 40 days | 1,410 sqft |
| 2022-04-01 | 42 days | 1,428 sqft |
| 2022-05-01 | 38 days | 1,419 sqft |
| 2022-06-01 | 41 days | 1,432 sqft |
Hilo's median square footage for active listings during the 2022-06-01 period was 1,432 sqft. One year prior, the average listing was 1,556 sqft.
