What is the average mortgage rate in Oregon in 2026?
Around 7.46% as of October 19, 2026, in line with national average.
Best Mortgage Rates Oregon 2026
Oregon has one of the higher-priced housing markets on the West Coast, with a median home price of $506,800 in 2026. The state has no statewide real estate transfer tax, though Washington County charges a local fee of 0.10%.
30-year fixed
7.46%
National avg
15-year fixed
6.82%
National avg
5/1 ARM
6.82%
National avg
| Product | Rate (APR) |
|---|---|
| 30-year fixed (national avg) | 7.46% |
| 15-year fixed (national avg) | 6.82% |
| 5/1 ARM (national avg) | 6.82% |
Rates verified Oct 21, 2026
Rates shown are national benchmark averages from the site data file, not live quotes from lenders. Confirm pricing with banks and brokers in Oregon. Not financial advice.
Oregon at a glance
- Average home price: $506,800
- State income tax: Yes (9.9% top rate)
- Land transfer tax: No statewide transfer tax (Washington County local fee: 0.10%)
- Typical monthly payment: $2,824/mo on $506,800 with 20% down, 30-year term, at 7.46% — excludes taxes, insurance, and HOA.
Frequently Asked Questions
Does Oregon have a real estate transfer tax?
No statewide transfer tax; Washington County is an exception with a local fee of $1 per $1,000, approximately 0.10%.
What is the median home price in Oregon in 2026?
$506,800 — well above the national median.
How much do I need to earn to afford a home in Oregon?
To afford $506,800 with 20% down at 7.46%, you need approximately $115,000–$125,000 annual income.
Oregon mortgage calculator · Educational reference only. Not financial or lending advice.