Compare mortgage rates and fees for leading lenders in Bend, OR. Review free, personalized mortgage rates based on your specifc loan amount, program and other factors. Easily compare APRs, closing costs and monthly payments to find the lender offering the best mortgage rates in Bend.
We recommend that you contact at least five lenders as shopping multiple lenders is the best way to save money on your mortgage in Bend. Plus, shopping lenders is free and there is no obligation.
November 13, 2019
The current average rate for a 30 year fixed rate mortgage in Bend 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%
The median home value for Bend, OR (Deschutes County) is $406,197
The median household income for Bend, OR (Deschutes County) is $60,960
Based on current mortgage rates and a 10% down payment, you need to make $75,362 per year to buy the median priced home in Bend
The home price you can afford to buy based on household income in Bend is 81% of the median home value which means housing prices are expensive
Bend (Deschutes County) ranks 33 out of 36 counties in Oregon and 3,087 out of 3,142 counties in the United States for housing affordability.
According to the FREEandCLEAR Housing Affordability Index, the housing market in Bend, OR is expensive
Mortgage limits affect your loan terms, mortgage program eligibility and what price home you can afford. Review the loan limits for Bend (Deschutes County) below.
Conforming loan limits for Bend, OR
FHA loan limits for Bend, OR
VA loan limits for Bend, OR
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/
Conforming Loan Limits: https://www.fhfa.gov/DataTools/Downloads/Pages/Conforming-Loan-Limits.aspx
FHA Loan Limits: https://entp.hud.gov/idapp/html/hicostlook.cfm
VA Loan Limits: https://www.benefits.va.gov/homeloans/purchaseco_loan_limits.asp
FREEandCLEAR Housing Affordability Index