Mortgage Rates

Interest rates as of 11/15/2024 9:15 AM

Mid Oregon Lending, Inc does not charge any processing, underwriting, admin, origination or hidden junk fees. The interest rates below and the corresponding discount fees are what you will pay to get a lower rate on your loan.

Market uncertainty continues to keep rates higher in light of recent election results, the Fed’s walking back comments about dropping the Fed Funds rate, and economic uncertainty about proposed tariffs under the new administration.

Click here to learn how to compare rate quotes

Conventional 30 Year Fixed*

Interest Rate	APR	Points (Discount Fee)
7.000%	7.101%	.900 %
7.125%	7.189%	.500%
7.25%	7.264%	.400%

Conventional 15 year fixed *

Interest Rate	APR1	Points (Discount Fee)
6.125%	6.201%	1.200%
6.250%	6.309%	1.000%
6.375%	6.401%	.600%

VA 30 year fixed **

Interest Rate	APR1	Points (Discount Fee)
6.125%	6.324%	.900%
6.375%	6.627%	.500%
6.500%	6.747%	.200%

FHA 30 year fixed ***

Interest Rate	APR1	Points (Discount Fee)
5.75%	6.453%	1.500%
6.125%	6.892%	1.000%
6.250%	6.991%	.100%

Not seeing what you’re looking for?

Click below for a custom rate quote specific to your transaction.  We have multiple interest rates and terms for conventional, FHA, VA, USDA, ODVA and other traditional and non-traditional Mortgage products for purchase and refinance transactions.

Important Information and Assumptions

Interest rates are subject to change without notice – this is not a rate lock commitment or a commitment to lend.

Full credit approval is required before locking interest rates, and other third party closing costs will apply including title and escrow fees, recording fees, Appraisal and credit report fees, and pre-paid/reserves for property taxes and insurance.  Factors such as loan amount, occupancy, property type, credit score, larger or smaller down payments, transaction type (purchase or refinance), longer or shorter lock periods and other aspects of your unique transaction may change what interest rates you will qualify for.

Request a Custom Rate Quote tailored to your specific transaction for detailed costs and current rates.

* Conventional Fixed rates are based on the following assumptions:  Purchase of an owner-occupied, single-family residence in Oregon with a price of $500,000 with 20% down and 740 or higher qualifying credit score and a 30-day rate lock period.  Down payments less than 20% may require PMI which will affect the APR.  

APR calculations include ‘Points’ charged to buy down your rate and any applicable lender costs which may include Tax Service, Flood Certification, MERS, and Underwriting fees.  

** VA Fixed Rates are based on the following assumptions:  Purchase of an owner occupied, single family residence in Oregon with a $400,000 purchase price, 0% down payment, 660 or higher qualifying credit score and a 30 day lock period.  VA loans with credit scores under 660 are available.  

APR calculations include ‘Points’ charged to buy down your rate (if applicable) and lender costs such as tax service, MERS, Flood certification charges and applicable underwriting fees.  APR calculations also assume the VA funding fee of 2.3% is based on the Veteran’s first-time usage of their eligibility and the full amount of the funding fee is financed.

*** FHA fixed rates are based on the following assumptions: Purchase of an owner occupied, single family residence in Oregon with a $400,000 purchase price, 3.5% down payment, 30 day lock period and a 660 or higher qualifying credit score.  FHA loans for borrowers with credit scores under 660 are available.

APR calculations include points charged to buy down your rate (if applicable) and lender costs such as tax service, MERS, Flood certification and applicable underwriting fees.  APR calculations also assume the FHA funding fee of 1.75% is financed into the base loan amount and include 360 payments of Mortgage Insurance over the life of the loan. 

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