Hi Daniel,
I have not used hwtimer but if you can reach the period you need for your interrupt there is no porblem.
In case you cannot reach the desired period with hwtimer you may try with the PIT. The difference is that hwtimer is an MQX driver and the interrupts is handled by the RTOS while the example I provided can bypass MQX, the interrupts are handled directly by the core andd you can get a smaller period.
BR,
Carlos