Hawaii mortgage rates hold steady

Long-term fixed mortgage rates trended up for a third week, bringing rates on 30-year and 15-year fixed-rate mortgages back to their levels of last November, said Frank Nothaft, Freddie Mac vice president and chief economist. Refinancing activities, which had surged to a 12-month high in January, according to Freddie Mac’s monthly refi share report, are likely to ebb following this recent rise in rates.