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Mortgage Refinancing in Oregon

Real refinance data for Oregon from federal sources, updated annually. See how your state compares to national averages.

Refinance Originations

4,931

2023 HMDA data

Avg Loan Amount

$476,541

National: $410,429

Denial Rate

25.72%

Below national avg

Median Home Value

$454,200

U.S. Census Bureau

Source: HMDA 2023 via CFPB, U.S. Census Bureau ACS

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Refinance Trends in Oregon

Originations by Year

Refinance originations in Oregon by year. Source: HMDA via CFPB.

Loan Type Breakdown

Conventional: 87%
FHA: 10%
VA: 3%

Includes all refinance applications (originated, denied, and other outcomes). Source: HMDA via CFPB.

Home Price Trends in Oregon

+1.99% YoYas of 2025-Q4

Source: FHFA House Price Index

Top Lenders in Oregon

#LenderHMDA RecordsAvg Loan
1Onpoint Community Credit Union11,592-
2U.s. Bank National Association9,896-
3Onpoint Community Credit Union9,090-
4Umpqua Bank7,287-
5Rocket Mortgage LLC7,032-
6Guild Mortgage Company6,043-
7United Shore Financial Services LLC5,948-
8U.s. Bank National Association5,416-
9First Technology4,633-
10United Wholesale Mortgage LLC4,629-

Ranked by total HMDA filings in the state (2023). Source: HMDA via CFPB.

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How Oregon Compares

MetricOregonNational Avg
Refinance Originations4,931435,709
Avg Loan Amount$476,541$410,429
Denial Rate25.72%27.87%

Green indicates the state performs better than the national average. Red indicates worse. Source: HMDA 2023, U.S. Census Bureau.

Current Mortgage Rates

30-Year Fixed

6.38%

6.22% prev

15-Year Fixed

5.75%

5.54% prev

5/1 ARM

6.06%

5.95% prev

National average rates updated daily from FRED (Federal Reserve Bank of St. Louis). Your rate depends on your credit score, loan amount, and lender.

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Frequently Asked Questions

How many people refinanced in Oregon in 2023?

In 2023, there were 4,931 refinance originations in Oregon, according to HMDA data reported to the CFPB.

What is the average refinance loan amount in Oregon?

The average refinance loan amount in Oregon was $476,541 in 2023. This reflects originated loans reported through HMDA.

What is the refinance denial rate in Oregon?

The refinance denial rate in Oregon was 25.72% in 2023. This is calculated from originated and denied applications reported to the CFPB.

What are the top refinance lenders in Oregon?

The most active lenders in Oregon by HMDA filing volume include Onpoint Community Credit Union, U.s. Bank National Association, Onpoint Community Credit Union. See the full list above for details.

Is it a good time to refinance in Oregon?

Whether refinancing makes sense depends on your current rate, loan balance, and how long you plan to stay in your home. Use our refinance calculator and break-even calculator to estimate your potential savings based on current national rates.

Want a deeper analysis?

Read our full editorial guide on refinancing in Oregon, including tips, regulations, and state programs.

Read the Oregon Refinance Guide

Data sourced from HMDA (Home Mortgage Disclosure Act) via the CFPB and FRED (Federal Reserve Bank of St. Louis). Demographics from the U.S. Census Bureau American Community Survey. This page is for educational purposes only and does not constitute financial advice. Consult a licensed mortgage professional for personalized guidance.