Tomo Mortgage 30 Year Fixed
NMLS #2059741
- Rate as of 7/3/26
- 5.490%
- APR
- 5.681%Points: 1.548
- Monthly payment
- $2,502Upfront costs: $8,5118 year cost: $189,713
- Customer score
Oregon mortgage and refinance rates for July 2026
Written by
Updated on July 03, 2026
On Friday, July 03, 2026, the national average 30-year fixed mortgage APR is 6.61%. The national average 30-year fixed refinance APR is 6.79%, according to Bankrate's latest survey of the nation's largest mortgage lenders.
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Oregon mortgage and refinance rates today
Showing results for: Single-family home, 30 year fixed and 5 year ARM mortgages with all points options.
For live offers, represented by the solid button on each, we earn a fixed fee if you connect with the lender.
Lender
Rate as of 7/3/26
APR
Monthly payment
Customer score
Optimum First Mortgage 30 Year Fixed
NMLS #240415 | State Lic: 240415
- Rate as of 7/3/26
- 5.498%
- APR
- 5.713%Points: 1.881
- Monthly payment
- $2,498Upfront costs: $10,2718 year cost: $191,752
- Customer score
The Central Trust Bank 30 Year Fixed
NMLS #407985
- Rate as of 7/3/26
- 5.750%
- APR
- 5.966%Points: 1.853
- Monthly payment
- $2,568Upfront costs: $10,1438 year cost: $200,815
- Customer score
Mutual of Omaha Mortgage 30 Year Fixed
NMLS #1025894
- Rate as of 7/3/26
- 5.750%
- APR
- 5.975%Points: 1.9
- Monthly payment
- $2,568Upfront costs: $10,5988 year cost: $201,270
- Customer score
Sammamish Mortgage 30 Year Fixed
NMLS #118653 | State Lic: MI-5046
- Rate as of 7/3/26
- 5.875%
- APR
- 6.019%Points: 1.54
- Monthly payment
- $2,603Upfront costs: $6,7778 year cost: $201,834
- Customer score
First Federal Bank 30 Year Fixed
NMLS #408902
- Rate as of 7/3/26
- 5.875%
- APR
- 6.050%Points: 1.59
- Monthly payment
- $2,603Upfront costs: $8,1918 year cost: $203,248
- Customer score
Real Genius 30 Year Fixed
NMLS #2389303
- Rate as of 7/3/26
- 5.875%
- APR
- 6.073%Points: 1.812
- Monthly payment
- $2,603Upfront costs: $9,2678 year cost: $204,324
- Customer score
Sage Home Loans 30 Year Fixed
NMLS #3304 | State Lic: 3304
- Rate as of 7/3/26
- 5.875%
- APR
- 6.076%Points: 1.793
- Monthly payment
- $2,603Upfront costs: $9,3838 year cost: $204,440
- Customer score
First Residential Independent Mortgage 30 Year Fixed
NMLS #1907
- Rate as of 7/3/26
- 5.875%
- APR
- 6.121%Points: 1.813
- Monthly payment
- $2,603Upfront costs: $11,4778 year cost: $206,534
- Customer score
Alliant Credit Union 30 Year Fixed
NMLS #197185
- Rate as of 7/3/26
- 6.000%
- APR
- 6.160%Points: 1.48
- Monthly payment
- $2,638Upfront costs: $7,4628 year cost: $206,911
- Customer score
New American Funding 30 Year Fixed
NMLS #6606
- Rate as of 7/3/26
- 6.625%
- APR
- 6.855%Points: 1.776
- Monthly payment
- $2,818Upfront costs: $10,3148 year cost: $231,282
- Customer score
Optimum First Mortgage 5/6 Arm
NMLS #240415 | State Lic: 240415
- Rate as of 7/3/26
- 5.248%
- APR
- 6.018%Points: 1.919
- Monthly payment
- $2,429Upfront costs: $10,4398 year cost: $190,193
- Customer score
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Current mortgage rates in Oregon
As of Friday, July 3, 2026, current interest rates in Oregon are 6.54% for a 30-year fixed mortgage and 5.83% for a 15-year fixed mortgage.
Mortgage rates in Oregon, and throughout the country, began 2026 around 6.25%. In recent months, economic uncertainty and inflation concerns have pushed rates higher, and they’re currently hovering in the mid-6% range. The war in Iran has had a ripple effect on the economy, helping keep rates higher than forecasted, and some experts have suggested that the Fed may even raise its target rate this year. Still, industry analysts expect mortgage rates to remain between 6% and 7% for the remainder of the year.
Learn more:
Latest mortgage rate forecast
Refinance rates in Oregon
While today’s mortgage refinance rates are higher than they were a few years ago, now may be a good time to refinance if you bought when rates were closer to 8%. National refinance applications have risen by about 28% year-over-year, according to the Mortgage Bankers Association.
High home values are giving property owners a distinct advantage. According to the May 2026 ICE Mortgage Monitor report, 48 million homeowners have access to an average of $207,000 in tappable equity. By choosing a cash-out refinance, you can convert that accumulated equity into cash to cover upcoming expenses.
Learn more:
Why and how to do a cash-out refinance
Oregon mortgage rates by loan type
| Product | Interest Rate |
|---|---|
| 30-Year Fixed Rate | 6.54% |
| 15-Year Fixed Rate | 5.83% |
Rates as of Friday, July 03, 2026 at 6:30 AM
First-time homebuyer programs in Oregon
Oregon Housing and Community Services (OCHS) is a government agency that helps prospective homeowners with a variety of programs. These include:
- FirstHome: This program offers competitive rates for first-time buyers, along with 4% or 5% of the home price in down payment assistance and reduced mortgage insurance for borrowers earning less than 80% of the area median income. You’ll need a credit score of at least 620 and an income within your county's limits. You'll also need to complete a homebuyer education course.
- Down payment and closing cost assistance: Eligible borrowers can receive up to $60,000 or 20% of the purchase price, whichever is less. A portion of the program’s funds is reserved for veterans, who can use up to 10% of the funds to make lender-required repairs to a property.
Learn more:
Oregon first-time homebuyer programs
How to find the best mortgage rate in Oregon for you
-
Strengthen your credit score
Before you start looking for a lender and applying for a loan, review your credit history and take steps to improve your score, such as paying down existing debt. Having a higher credit score will help you qualify for the best mortgage rates in Oregon — and reduce the overall cost of borrowing.
-
Determine your budget
Have a good understanding of how much house you can afford before you begin shopping.
-
Know your mortgage options
There are a few different types of mortgages to consider. Research them to find out the best loan option for you.
-
Compare rates and terms from multiple lenders
Rate-shop with at least three different lenders to get the best deal on rates, fees and terms. Make sure to read through each lender’s reviews, too.
-
Get preapproved for a mortgage
Getting a mortgage preapproval is the only way to get an accurate loan estimate for your specific situation. Plus, having it will show sellers you’re serious when you make an offer.
Learn more:
How to get a mortgage
Additional Oregon mortgage resources
Meet our Bankrate experts
Andrew Dehan is a former Bankrate housing reporter. He's taken the NMLS Loan Originator education classes and passed the MLO SAFE test. Besides Bankrate, his work has been published by Rocket Mortgage, Forbes Advisor and Business Insider. He’s also a poet, musician and nature-lover. He lives in metro Detroit with his wife and children.
Expertise
- Mortgages
- Mortgage refinance
