Compare Today’s Refinance Rates for Hillsboro, Oregon 97123
Pureloan's search engine provides real-time analysis of refinance lenders to find the best home refinance rates available in Hillsboro, Oregon 97123.
Our analysis indicates that for 30-year amortization refinancing, you can expect to save up to $6,406 over the lifetime of your mortgage, which translates to a monthly savings of $18 in Hillsboro and other areas of Washington county. We analyze all refinance loan options, including HELOC, short home refinancing, and positive equity refinancing, to provide you with the most suitable options for your financial situation.
Summary of Average Refinances in Hillsboro, Oregon 97123
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Interactive Refinance Rate Projections for Hillsboro, Oregon 97123
Pureloan has developed an interactive chart to monitor the five largest local lenders in Hillsboro, OR 97123, for refinancing and cash-out. The chart features historical rates, which are based on completed refinancings, and projections, which are based on proprietary modeling.
Historical Refinance Rates in Hillsboro, Oregon 97123 from 2024 - 2016
The following historical data provides insights into refinancing trends in Hillsboro, Oregon and the surrounding Washington county, based on factors such as loan type, credit score, LTV, and other parameters. This data is derived from actual closed home refinancings.
2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
---|---|---|---|---|---|---|---|---|---|
% 30 year fixed refinance | 90.32% | 67.46% | 73.99% | 75.36% | 78.91% | 75.00% | 71.12% | 72.25% | 73.37% |
avg refi rate | 6.46% | 3.45% | 2.94% | 3.25% | 4.05% | 4.52% | 4.05% | 3.91% | 4.07% |
% 15 year fixed refinance | 9.68% | 18.17% | 15.74% | 15.43% | 12.54% | 18.28% | 19.81% | 19.11% | 16.87% |
avg refi rate | 4.83% | 2.58% | 2.40% | 2.77% | 3.48% | 3.88% | 3.32% | 3.20% | 3.34% |
Avg credit score | 743.29 | 754.37 | 767.13 | 766.54 | 763.43 | 748.66 | 751.70 | 758.77 | 762.11 |
Avg LTV (loan to value) | 57.94% | 56.34% | 61.97% | 65.77% | 68.08% | 61.43% | 65.18% | 68.22% | 70.77% |
Avg DTI (debt to income) | 39.74 | 35.36 | 32.38 | 32.25 | 34.17 | 34.75 | 33.99 | 33.61 | 32.71 |
Avg refinance insurance % | 0.77% | 0.80% | 1.61% | 2.97% | 4.08% | 1.46% | 1.70% | 2.59% | 3.88% |
Best Refinance Brokers around Hillsboro, Oregon 97123
If you are considering refinancing your mortgage or obtaining a cash-out refinance in Hillsboro, Oregon 97123, we have compiled a list of top refinance brokers to assist you in the process.
Michelle Potter
Loan Officer
350 S 1st Ave
Hillsboro, OR 97123
(503) 648-0871
Michelle_R_Potter@keybank.com
Lynden Carnahan
Sr. Team Banker
2290 SW 2nd St. Suite B
McMinnville, OR 97123
(971) 706-2011
lynden.carnahan@pacresmortgage.com
Michelle Morrissey
Mortgage Banker
2290 SW 2nd St. Suite B
McMinnville, OR 97123
(971) 706-2011
michelle.morrissey@pacresmortgage.com
Ryan Arzner
Area Manager/Sr. Mortgage Banker
1938 Pacific Ave
Forest Grove, OR 97123
855905
Ryan.Arzner@pacresmortgage.com
Vaughn Monagon
Sr. Mortgage Banker
1938 Pacific Ave
Forest Grove, OR 97123
855905
Vaughn.Monagon@pacresmortgage.com
Address
350 S 1st Ave
Hillsboro, OR
Contact
(503) 648-0871
Fax (301) 639-0804
Michelle_R_Potter@keybank.com
Address
2290 SW 2nd St. Suite B
McMinnville, OR
Contact
(971) 706-2011
Fax (301) 639-0804
lynden.carnahan@pacresmortgage.com
Address
2290 SW 2nd St. Suite B
McMinnville, OR
Contact
(971) 706-2011
Fax (301) 639-0804
michelle.morrissey@pacresmortgage.com