Nick Kawakami

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10 Best Things To Do At Punahou Carnival

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Every year, on the first weekend in February, the high-school junior class at Punahou School organizes a huge carnival. Featuring food & game booths run by the juniors, and rides by E.K. Fernandez, the carnival attracts thousands of locals and visitors. It’s the primary fundraiser for the Punahou School financial aid program, and brings in tons of income for the local economy.

All those stats are fine and dandy, but I have my list of “must-dos” every year. Here are the top 10… [Read more…] about 10 Best Things To Do At Punahou Carnival

Open House Tour: Manoa/Makiki

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Sunday open houses are always fun because it’s not just agents running around the neighborhoods. It’s always encouraging to see shoppers out there, because that means our business is doing well! Thanks to all the agents who hosted open houses yesterday. Here’s some of the great ones that I saw… [Read more…] about Open House Tour: Manoa/Makiki

Going Green in 2015! Tomorrow at Castle High School!

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With the holidays in our rear-view mirror, I hope everyone is enjoying their new gadgets and gifts! The question becomes, however, what do you do with the old stuff? What do you do with all the cleaned out clothes, old TVs, used computers, and batteries? Tomorrow is the first “Going Green in 2015” for the year, and will help raise funds for community programs. Here’s how it works… [Read more…] about Going Green in 2015! Tomorrow at Castle High School!

Reports: Obama to Cut FHA Mortgage Premium Rates

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According to both the Star-Advertiser and Bloomberg Business News, President Obama plans to have the FHA reduce its annual mortgage insurance premiums by 0.5 percentage points, to 0.85 percent.

What does this mean? If you are a first-time homebuyer or able to refinance into a government-backed FHA loan, you could see a great reduction in your costs. Each mortgage needs to be covered by mortgage insurance, in case of problems, and that cost is usually added to your monthly payment. With this announcement, the government hopes to spur more buying by making the insurance premium more affordable.

Of course, with any of these loan products, there are positive and negatives to each. If you are thinking about buying or refinancing, I recommend contacting your lending agent for more complete information. If you need help finding a qualified agent or have any other questions, please feel free to contact me!