Mortgage rates for Portland, Oregon go down to 3.00%

Mortgage rates for Portland, Oregon on Lender411 for 30-year fixed-rate mortgages are at 3.00%. That dropped from 3.00% to 3.00%. The 15-year fixed rates are now at 2.56%. The 5/1 ARM mortgage for Portland, Oregon is now at 4.56%.

Portland Market Trends

The Portland metropolitan area is home to about 2.2 million people, making it one of the cultural and commercial hubs of the Pacific Northwest. Summers are warm and dry, while winters stay cool with a mix of rain and snow. It is one of the safest large cities in America and is considered among the greenest cities in the world.

For quarter ending December 13:

Average price/sqft for Portland OR was $216, an increase of 20% compared to the same period last year. The median sales price for homes for September 13 to December 13 was $300,000 based on 2,452 home sales. Compared to one year ago, the median home sales price increased 11.1%, or $30,000, and the number of sales increased 6.7%.  Popular neighborhoods in Portland include Powellhurst - Gilbert and Northwest District, with average prices of $180,047 and $471,744.

Lender411.com will help you find the best mortgage interest rates by putting you in touch with a qualified Portland mortgage lender who can find you the right loan. 

Lenders in: Portland, Oregon.