Today's Oregon (OR) Mortgage Rates

Oregon (OR) Mortgage Rates & Mortgage Loan Data – Prior Year

Mortgage Actions Taken

Loan originated: 1,079,737
Loan purchased by the institution: 440,259
Application denied by financial institution: 351,004
Application withdrawn by applicant: 216,062
Application approved but not accepted: 117,396
File closed for incompleteness: 64,981
Preapproval request denied by financial institution: 399
Preapproval request approved but not accepted: 301

Purpose of Loans

Refinancing: 1,391,213
Home purchase: 782,548
Home improvement: 96,378

Mortgage Types

Conventional: 1,806,606
FHA-insured: 315,410
VA-guaranteed: 108,888
FSA/RHS-guaranteed: 39,235

Mortage Actions by Applicant Race

White: 1,705,296
Information not provided by applicant in mail, Internet, or telephone application: 258,724
Not applicable: 181,325
Asian: 78,499
Black or African American: 19,478
American Indian or Alaska Native: 17,391
Native Hawaiian or Other Pacific Islander: 9,426

Mortage Actions by Applicant Ethnicity

Not Hispanic or Latino: 1,739,129
Information not provided by applicant in mail, Internet, or telephone application: 256,355
Not applicable: 181,900
Hispanic or Latino: 92,755

Mortage Actions by Applicant Sex

Male: 1,358,685
Female: 567,586
Not applicable: 181,448
Information not provided by applicant in mail, Internet, or telephone application: 162,420

Mortage Actions by Agency Name

Department of Housing and Urban Development: 741,792
Office of the Comptroller of the Currency: 487,897
Consumer Financial Protection Bureau: 484,266
Office of Thrift Supervision: 166,413
Federal Deposit Insurance Corporation: 137,640
National Credit Union Administration: 130,714
Federal Reserve System: 121,417

Mortage Actions by County

Mortage Actions by City

Portland, Vancouver, Hillsboro – OR, WA: 717,193
Portland, Vancouver, Beaverton – OR, WA: 478,344
Unknown: 399,497
Salem – OR: 200,674
Eugene, Springfield – OR: 156,193
Medford – OR: 107,056
Bend – OR: 103,626
Corvallis – OR: 37,957
Eugene – OR: 28,369
Bend, Redmond – OR: 24,605
Albany – OR: 9,855
Grants Pass – OR: 6,770

Mortage Denial Reasons

Unknown: 2,013,827
Collateral: 63,856
Debt-to-income ratio: 57,704
Credit history: 46,992
Other: 39,072
Credit application incomplete: 27,603
Unverifiable information: 11,440
Insufficient cash (downpayment, closing costs): 5,067
Employment history: 4,071
Mortgage insurance denied: 507

HOEPA Status of Mortage Loans

Not a HOEPA loan: 2,269,828
HOEPA loan: 311

Lien Status of Mortage Loans

Secured by a first lien: 1,730,215
Not applicable: 440,259
Secured by a subordinate lien: 83,727
Not secured by a lien: 15,938

Owner Occupancy Status of Mortage Loans

Owner-occupied as a principal dwelling: 2,005,333
Not owner-occupied as a principal dwelling: 252,175
Not applicable: 12,631

Mortgages by Property Type

One-to-four family dwelling (other than manufactured housing): 2,172,311
Manufactured housing: 90,598
Multifamily dwelling: 7,230

Mortgages by Purchaser Type

Loan was not originated or was not sold in calendar year covered by register: 1,031,514
Fannie Mae (FNMA): 373,945
Freddie Mac (FHLMC): 246,281
Ginnie Mae (GNMA): 169,415
Affiliate institution: 118,992
Life insurance company, credit union, mortgage bank, or finance company: 113,110
Other type of purchaser: 108,805
Commercial bank, savings bank or savings association: 84,640
Private securitization: 23,367
Farmer Mac (FAMC): 70