»
Oregon

Current Oregon Mortgage Rates

Compare mortgage rates and closing costs for leading lenders in Oregon. Review free, personalized mortgage rates for Oregon based on your specifc loan amount, program and other factors. Easily compare APRs, fees and monthly payments to find the lender offering the best mortgage terms.

We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Oregon. Plus, shopping lenders is free and there is no obligation.

%
Mortgage Rates for Oregon as of August 22, 2019
  • Lender
  • APR
  • Loan Type
  • Rate
  • Payment
  • Fees
  • Contact

%
Get Personalized Mortgage Quotes for Oregon

Input your information to receive personalized mortgage quotes from preferred lenders. Comparing proposals from multiple lenders is the best way to save money on your mortgage.

Data provided by Informa Research Services. Payments do not include amounts for taxes and insurance premiums. Click for more information on rates and product details.

How Do Today's Oregon Mortgage Rates Compare?

August 22, 2019

The current average rate for a 30 year fixed rate mortgage in Oregon is A.AAA%, the rate for a 15 year fixed rate mortgage is B.BBB% and the rate for a 5/1 adjustable rate mortgage (ARM) is C.CCC%

Mortgage Program
Today's
Oregon Rates
National
Average
Comparison
30 Year Fixed Rate
A.AAA%
3.600%
15 Year Fixed Rate
B.BBB%
3.050%
5/1 Adjustable Rate Mortgage
C.CCC%
3.360%

How Affordable is Housing in Oregon?

The median home value for Oregon is $345,997

The median household income for Oregon is $59,401

Based on current mortgage rates and a 10% down payment, the income required to buy the median priced home in Oregon is $64,193

The home price you can afford to by based on household income in Oregon is 93% of the median home value which means housing prices are very expensive. Oregon ranks 46 out of 50 states for housing affordability.

According to the FREEandCLEAR Housing Affordability Index, the real estate market in Oregon is very expensive

orange-simple-house
ruler

Additional Mortgage Resources for Oregon Residents

Mortgage Rates for Oregon Cities

Albany Mortgage Rates

Bend Mortgage Rates

Clackamas Mortgage Rates

Corvallis Mortgage Rates

Eugene Mortgage Rates

Grants Pass Mortgage Rates

Hillsboro Mortgage Rates

Medford Mortgage Rates

Polk Mortgage Rates

Portland Mortgage Rates

Roseburg Mortgage Rates

Salem Mortgage Rates

Umatilla Mortgage Rates

Yamhill Mortgage Rates

Sources

US Census Bureau American Community Survey: https://www.census.gov/programs-surveys/acs

FHFA House Price Index: https://www.fhfa.gov/DataTools/Downloads/Pages/House-Price-Index-Datasets.aspx#qat

Income Growth: https://www.bls.gov

National Average Rates: http://www.freddiemac.com/pmms/

FREEandCLEAR Housing Affordability Index