Hawaii Mortgage Rates Reverse Friday's Cuts — BOH +12.5bps Across All Products — April 28, 2026

Published April 28, 2026 · Verified against 8 Hawaii lenders

Today's 30-Year Fixed Rate Snapshot

BOH Undoes Friday's Cut — Every Product

Bank of Hawaii's rate sheet swung back to its pre-Friday levels today. The 30-year fixed returned to 5.875%/6.027% APR (rate +12.5bps from 5.750%, with points reduced from 1.875 to 1.625). Every other BOH mortgage product moved in lockstep: 30-year jumbo back to 6.125%, 20-year jumbo to 5.875%, VA 30-year to 5.500%, and all three ARM tenors (5/6, 7/6, 10/6) up +12.5bps with corresponding point reductions.

BOH's lender-effective date today is 04/28/2026, replacing Friday's 04/24 sheet. Borrowers who locked over the weekend retain Friday's lower pricing; new applications today face the higher rates. This is BOH's third significant intraday-style repricing in the past two weeks, underscoring why daily monitoring matters for buyers actively shopping.

HIFCU Makes Its First Major Move in Weeks

HawaiiUSA FCU had been remarkably stable through the bank repricing cycles of mid-April. That stability ended today: the 30-year jumped +25bps from 5.000% to 5.250% (APR 5.354% → 5.597%, points adjusted 2.375 → 2.250). The 15-year fixed also moved up, +12.5bps from 3.875% to 4.000% (APR 4.389% → 4.754%).

HIFCU still leads the Hawaii market on 30-year purchase APR — by a wide margin. But the lead over BOH narrowed from 67bps on Friday to roughly 43bps today (5.597% vs 6.027% APR). HIFCU's rate sheet shows three pricing tiers on the 30-year (5.250% / 5.500% / 5.750% with declining points); the 5.250% tier we report is the lowest-APR option (2.250 points).

HSFCU Joins the Bank Repricing

Hawaii State FCU — the other Hawaii credit union we track — moved with the banks today. The 30-year fixed rose +12.5bps from 5.875% to 6.000% (APR 6.051% → 6.165%, points 1.875 → 1.750). HSFCU's low-points 30-year variant also moved +12.5bps to 6.250%/6.333% APR. The 15-year held at 5.125% rate but added points (1.500 → 1.750).

HSFCU's 6.165% APR now sits between BOH (6.027%) and ASB (6.129%) on the 30-year, no longer a clear discount to bank pricing.

FHB, CPB, ASB: Points Up, Rates Mostly Steady

First Hawaiian Bank, Central Pacific Bank, and American Savings Bank used a different lever today: raising discount points rather than rates. FHB's 30-year stayed at 5.875% but points rose from 2.125 to 2.375 (APR 6.17% → 6.19%); the 15-year similarly added points (2.250 → 2.375).

CPB's 30-year held at 5.875% rate with points up 2.000 → 2.250 (APR 6.197% → 6.221%); the 15-year rate rose +12.5bps to 5.125% with offsetting point reduction. ASB's 30-year stayed at 5.875% with points 1.750 → 2.125 (APR 6.093% → 6.129%); the 15-year and 30-year jumbo each climbed +12.5bps to 5.125% and 6.000% respectively. ASB's ARMs added 0.250 points across the board.

Points-up-rate-flat repricing is more discreet than a headline rate move, but the effective cost rises identically. Buyers with limited cash for closing should run the math both ways: a higher rate with fewer points may be the better trade if you don't plan to hold the loan past the break-even period.

What This Means for Hawaii Buyers

Daily volatility is the new normal. In just five business days, BOH's 30-year fixed has moved 5.875% → 5.750% → 5.875% — and HIFCU went from a steady 5.000% to a fresh 5.250%. The 43bps credit union advantage on a $750,000 loan is still ~$190/month or ~$68,000 over 30 years. Worth shopping.

Every Hawaii lender we track repriced today except FHB on rate (FHB raised points). If you're actively shopping, lock once your numbers work — there's no near-term signal that pricing is heading lower.

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