Rate Alert: 6 Hawaii Lenders Cut Rates — BOH Drops to 6.000%, HIFCU 30-Year Now 5.250% — March 30, 2026
Six of eight tracked Hawaii lenders cut mortgage rates on March 30, 2026, in the broadest single-day reduction since March 25. Bank of Hawaii dropped all products 12.5 basis points. Central Pacific Bank reversed its March 27 increase with a full 25bps cut, returning to 6.000%. HawaiiUSA FCU's 30-year fixed fell to 5.250%/5.633% APR — the best verified conforming 30-year rate tracked in Hawaii. Hawaii State FCU's 15-year also dropped 25bps to a new low of 5.250%.
Today's Rate Changes (March 30, 2026)
| Lender | Product | Old Rate | New Rate | Change | New APR |
|---|---|---|---|---|---|
| BOH | 30-Year Fixed | 6.125% | 6.000% | −12.5 bps | 6.153% |
| BOH | 15-Year Fixed | 5.625% | 5.500% | −12.5 bps | 5.636% |
| CPB | 30-Year Fixed | 6.250% | 6.000% | −25.0 bps | 6.350% |
| HIFCU | 30-Year Fixed | 5.500% | 5.250% | −25.0 bps | 5.633% |
| HSFCU | 30-Year Fixed | 6.000% | 5.875% | −12.5 bps | 6.039% |
| HSFCU | 15-Year Fixed | 5.500% | 5.250% | −25.0 bps | 5.521% |
| ASB | 15-Year Fixed | 5.375% | 5.250% | −12.5 bps | 5.665% |
| ASB | 7/6 ARM | 5.625% | 5.375% | −25.0 bps | 6.116% |
| FHB | All ARMs | various | −12.5 bps each | −12.5 bps | from 6.07% |
| APFCU | All products | unchanged | unchanged | — | last updated 03/01 |
| PHFCU | Mortgage (dynamic) | unverified | unverified | — | HELOC 4.50%/7.25% |
Rates as of March 30, 2026. All mortgage rates based on 80% LTV, owner-occupant purchase, 45-day lock (HIFCU: 30-day lock).
HIFCU 30-Year: Now 5.250% — Best Verified Conforming Rate in Hawaii
HawaiiUSA FCU's 25bps cut pushes its 30-year fixed to 5.250%/5.633% APR (2.625 points) — the lowest verified conforming 30-year rate tracked among all 8 Hawaii lenders. The next-best verified rate is Hawaii State FCU at 5.875%/6.039% APR — a 40bps gap.
On an $800,000 loan, HIFCU's 30-year saves approximately $315/month vs. HSFCU, or $379/month vs. BOH and CPB. HIFCU membership is required. Compare all Hawaii 30-year rates →
CPB Reverses March 27 Increase — Returns to 6.000%
Central Pacific Bank cut its 30-year fixed rate by 25 basis points today, reversing the full increase from March 27. CPB is back to 6.000%/6.350% APR (2.250 points), no longer the most expensive tracked bank. On an $800,000 loan, today's CPB cut saves $129/month vs. the March 27 rate.
Bank of Hawaii: Across-the-Board 12.5bps Cut
BOH dropped every product by exactly 12.5 basis points today — fixed, jumbo, VA, and all ARMs. This mirrors the across-the-board increase on March 27. Notable: BOH's VA loan points were slashed from 1.875 to just 0.375, making it one of the most attractively priced VA products in Hawaii right now at 5.750%/6.127% APR.
BOH's 30-year fixed at 6.000%/6.153% APR (1.625 points) is now the second-best verified bank rate, behind only FHB's unchanged 6.125%/6.41% APR. Wait — at 6.000% BOH is actually lower than FHB's headline rate, though FHB's APR remains competitive at 6.41%.
Payment Impact on an $800,000 Loan
| Scenario | Rate | P&I / mo | vs. Yesterday |
|---|---|---|---|
| BOH 30yr (yesterday) | 6.125% | $4,861 | — |
| BOH 30yr (today) | 6.000% | $4,796 | −$64/mo |
| HIFCU 30yr (yesterday) | 5.500% | $4,542 | — |
| HIFCU 30yr (today) | 5.250% | $4,418 | −$125/mo |
| HSFCU 15yr (yesterday) | 5.500% | $6,537 | — |
| HSFCU 15yr (today) | 5.250% | $6,431 | −$106/mo |
Based on $800,000 loan, principal & interest only. Does not include taxes, insurance, or HOA.
Market Context: Rates Partially Reverse Late-March Spike
March 2026 has been exceptionally volatile for Hawaii mortgage rates. After broad cuts on March 25, rates reversed sharply on March 26–27 — with FHB, BOH, CPB, ASB, and HIFCU all raising rates. Today's cuts partially reverse that reversal, bringing rates back toward mid-March levels.
The bank-vs-credit-union gap remains significant but has narrowed slightly. Banks (FHB, BOH, CPB, ASB) now offer 30-year APRs ranging from 6.153% to 6.460%. Credit unions (HSFCU, HIFCU) range from 5.633% to 6.196%. The spread has compressed from the ~130bps peak last week to roughly 70–80bps today (comparing best bank vs. best verified CU).
Note on HIFCU lock period: HawaiiUSA FCU quotes rates based on a 30-day lock, while all other tracked lenders use a 45-day lock. Shorter lock periods typically yield lower rates. Factor this in when comparing HIFCU's rate to others if your purchase timeline is longer than 30 days.
Best Hawaii Mortgage Rates Today (March 30, 2026)
30-Year Fixed — Ranked by APR
| Lender | Rate | APR | Points | Est. P&I ($800K) |
|---|---|---|---|---|
| HawaiiUSA FCU✓ Best Rate | 5.000% | 5.354% | 2.375 | $4,295 |
| Bank of Hawaii | 5.375% | 5.897% | 1.875 | $4,480 |
| Bank of Hawaii | 5.750% | 5.925% | 1.875 | $4,669 |
| Bank of Hawaii | 5.250% | 5.973% | 1.875 | $4,418 |
| American Savings | 5.375% | 5.982% | 2.250 | $4,480 |
| First Hawaiian | 5.375% | 5.990% | 1.875 | $4,480 |
| American Savings | 5.250% | 6.017% | 1.750 | $4,418 |
| Bank of Hawaii | 5.125% | 6.048% | 1.875 | $4,356 |
| Hawaii State FCU | 5.875% | 6.051% | 1.875 | $4,732 |
| American Savings | 5.875% | 6.093% | 1.750 | $4,732 |
| First Hawaiian | 5.125% | 6.150% | 1.875 | $4,356 |
| First Hawaiian | 5.875% | 6.170% | 2.125 | $4,732 |
| Central Pacific | 5.875% | 6.197% | 2.000 | $4,732 |
| First Hawaiian | 5.250% | 6.200% | 1.875 | $4,418 |
| Hawaii State FCU | 6.125% | 6.208% | 0.875 | $4,861 |
| First Hawaiian | 5.000% | 6.290% | 1.875 | $4,295 |
15-Year Fixed — Ranked by APR
| Lender | Rate | APR | Points | Est. P&I ($800K) |
|---|---|---|---|---|
| HawaiiUSA FCU✓ Best Rate | 3.875% | 4.389% | 1.875 | $5,868 |
| Hawaii State FCU | 5.125% | 5.356% | 1.500 | $6,379 |
| American Savings | 5.000% | 5.371% | 1.875 | $6,326 |
| Bank of Hawaii | 5.375% | 5.491% | 0.750 | $6,484 |
| Hawaii State FCU | 5.375% | 5.510% | 0.875 | $6,484 |
| Central Pacific | 5.000% | 5.557% | 2.250 | $6,326 |
| First Hawaiian | 5.125% | 5.620% | 2.250 | $6,379 |
Rates sorted by APR per RESPA guidelines. Not influenced by advertising or referral fees. Rates current as of March 30, 2026 — verify with lender before applying.
Frequently Asked Questions
Did Hawaii mortgage rates drop on March 30, 2026?▾
Yes. Six of eight tracked Hawaii lenders cut mortgage rates on March 30, 2026 — the broadest single-day reduction since March 25. Bank of Hawaii dropped all products 12.5bps (30yr to 6.000%/6.153% APR). Central Pacific Bank cut 25bps to 6.000%/6.350% APR. HawaiiUSA FCU's 30yr fell to 5.250%/5.633% APR. Hawaii State FCU's 15yr dropped 25bps to 5.250%/5.521% APR. American Savings Bank's 15yr also fell 12.5bps. First Hawaiian Bank's ARM rates all dropped 12.5bps.
What is the best Hawaii 30-year mortgage rate on March 30, 2026?▾
As of March 30, 2026, HawaiiUSA FCU offers the best verified conforming 30-year fixed rate at 5.250%/5.633% APR (2.625 points, membership required). Bank of Hawaii and Hawaii State FCU are close behind. Aloha Pacific FCU's rate of 5.000%/5.279% APR has not been verified since March 16 and is flagged as unverified on our comparison table.
How much did Bank of Hawaii cut mortgage rates on March 30, 2026?▾
Bank of Hawaii cut all mortgage products by 12.5 basis points on March 30, 2026. The 30-year fixed dropped from 6.125%/6.292% APR to 6.000%/6.153% APR (1.625 points). The 15-year fixed fell from 5.625%/5.741% to 5.500%/5.636% APR. All ARM products (5/6, 7/6, 10/6) also dropped 12.5bps. VA loan points were dramatically reduced from 1.875 to 0.375.
Did Central Pacific Bank cut mortgage rates on March 30, 2026?▾
Yes. Central Pacific Bank cut its 30-year fixed rate by 25 basis points on March 30, 2026 — from 6.250%/6.569% APR to 6.000%/6.350% APR. This reverses CPB's March 27 increase that had made it the most expensive tracked bank. CPB's 15-year (5.250%/5.773% APR) and jumbo 30-year (6.125%/6.367% APR) were also adjusted.
What happened to Hawaii State FCU mortgage rates on March 30, 2026?▾
Hawaii State FCU cut rates significantly on March 30, 2026. The 30-year fixed dropped from 6.000%/6.189% APR to 5.875%/6.039% APR (12.5bps). The 15-year fixed dropped 25 basis points from 5.500%/5.773% APR to 5.250%/5.521% APR. The low-points 30-year tier fell from 6.375%/6.435% APR to 6.125%/6.196% APR — a full 25bps cut.
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