Compare Mortgage Rates

  • Refinance
  • Home Purchase
  • Home Equity
  • Debt Consolidation

Powered by SecureRights™
Include 1st & 2nd mortgages plus any equity loans or credit lines
Verisign
Powered by SecureRights™
Verisign
Powered by SecureRights™
Verisign
Powered by SecureRights™
Verisign

Oregon Mortgages at a glance

Average 25th Percentile 50th Percentile 75th Percentile
Loan Amount $194,969 $127,500 $177,500 $225,000
Property Values $275,565 $177,500 $225,000 $325,000
Average LTV 76.5%
Percent Refinance 82.7%
Pct of Refis Cashout 10.7%

Oregon Mortgage Rates

With the natural wonders of Hells Canyon, Crater Lake, and Mount Hood, who wouldn't want to buy property in Oregon? If you do, you'll want the best deal possible on your financing. Mortgage and refinance options in Oregon include fixed- and adjustable-rate mortgages, as well as second mortgages. Because each of these categories contains many variations, the search for the lowest rate and the best mortgage can be a lengthy one.

Luckily, you've come to the right place. MortgageLoan.com will help you compare Oregon mortgage rates, calculate payments, run amortization tables, and find lenders and brokers. Before you begin your mortgage loan search, it will be helpful to consider what type of cost savings is most important to you. Many borrowers simply want the lowest payment, but this isn't always your best option. You might be better off obtaining a low fixed rate or a shortened pay-off schedule.

Ditech.com

4.179%APR

Rates as of: 8/27/2014 30 Yr. Fixed
  • Find a mortgage right for you.
  • Enjoy a convenient loan process
  • Low rates. Learn more now.
Show Phone number

Call Now: 855-389-4978

Rate APR Term Point Payment
  • 4.125%
  • 4.179%
  • 30 Yr. Fixed
  • 0.000%
  • $994

Amerisave

4.070%APR

Rates as of: 8/28/2014 30 Yr. Fixed
  • Direct Mortgage Lender
  • Billions Funded
  • Apply Online. Quick approvals.
Show Phone number

Call Now: 866-814-2162

Rate APR Term Point Payment
  • 3.875%
  • 4.125%
  • 4.250%
  • 4.070%
  • 4.241%
  • 4.283%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $964
  • $994
  • $1,008

Capital One

4.225%APR

Rates as of: 8/28/2014 30 Yr. Fixed
  • Saving just makes sense. Get $1000 Off Closing Costs.
  • Get a customized quote in minutes.
  • Free 60-day rate lock and no application fee
Show Phone number

Call Now: 855-238-8771

Rate APR Term Point Payment
  • 4.000%
  • 4.125%
  • 4.250%
  • 4.225%
  • 4.269%
  • 4.312%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 2.000%
  • 1.000%
  • 0.000%
  • $979
  • $994
  • $1,008

LoanDepot, LLC

3.908%APR

Rates as of: 8/28/2014 30 Yr. Fixed
  • DIRECT LENDER. We can approve and fund loans in less than 30 days.
  • Get a free and no obligation rate quote in Oregon.
  • These rates won't last. Call now and lock-in your low rate!
Show Phone number

Call Now: 877-789-3376

Rate APR Term Point Payment
  • 4.000%
  • 3.875%
  • 3.750%
  • 4.037%
  • 3.953%
  • 3.908%
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • 30 Yr. Fixed
  • -0.500%
  • 0.000%
  • 1.000%
  • $979
  • $964
  • $949
See more rates

The advertised rates were submitted by each individual lender/broker on the date indicated. Rate/APR terms offered by advertisers may differ from those listed above based on the creditworthiness of the borrower and other differences between an individual loan and the loan criteria used for the quotes. More Info.. These quotes are from banks, thrifts and brokers who have paid for a link to their website in the listings above and you can find additional information about their loan programs on their websites.

Rate Map for Oregon

Our Oregon Rate Map shows the mortgage rates borrowers have been getting in different parts of the state. Each “balloon” represents a single mortgage loan where the borrower has chosen to discretely share their loan information.

Clicking on individual markers lets you see the mortgage rates other Oregon borrowers have been able to get with different credit scores, loan-to-value ratios, loan amounts and other factors. The list of options at left can be used to narrow down your choices.

Like to join in? If you recently obtained or refinanced a mortgage and would like to share your rate information anonymously, just click on “Share Your Rate” above the map and fill out the boxes indicated. Your fellow borrowers will appreciate it!

NOTE: MortgageLoan.com cannot guarantee the accuracy of the data provided as it is submitted by our visitors.

Mortgage Loan Types

Here's a quick review of the types of mortgage loans available in Oregon, and how their rates might compare to one another.

  • Fixed-rate mortgages have the same interest rate and payment throughout the loan's life. These are often repaid over 30 years, but 20-year and 15-year programs are also popular.
  • Adjustable-rate mortgages start with a low "teaser" rate and low payment. After a specified time period, the rate becomes variable and tracks with a benchmark index such as LIBOR.
  • Second mortgages include fixed-rate home equity loans and adjustable-rate home equity lines of credit.

Refinancing

A refinance can lower your monthly payment, change your amortization schedule, convert an adjustable-rate loan to a fixed-rate loan, or raise cash for one-time expenses and debt consolidation. Common reasons for refinancing include:

  • Payment reduction. Refinancing into a lower-rate mortgage to reduce your payment and interest costs can be an easy way to save money. You might also be able to reduce your payment by extending your loan's maturity date.
  • Cashing out equity. If you have equity built up in the home-either from an increase in the home's value or a decrease in your mortgage balance-you can convert that equity to cash with a refinance.

Evaluating Mortgages

To get the best Oregon mortgage loan rate, you have to evaluate several offers. Start by reviewing lender rates here (link). Then, run the numbers with our mortgage loan calculators here. Play with loan amounts and interest rates until you determine what size loan you can afford. You can then browse Oregon brokers in our broker directory. When you're ready, start contacting brokers and submitting loan applications.

As you move through the mortgage loan process, remember that a lender's lowest advertised rate is reserved for borrowers with above-average credit. If you have bad credit, it might be helpful to review Oregon rates by credit quality here. Also, take care to review the proposed loan structures in detail. The payment amount is important, but don't overlook the interest rate, the points, and the pay-off schedule.