OR Mortgage Refinance in Oregon
We make it easy to get the lowest mortgage refinance interest rate in OR.
Our loan specialists can customize a loan that is perfect for your needs. In no time at all, OR residents can be on the way to a lower interest rate, a lower monthly payment, or switching from an adjustable rate mortgage to a fixed rate mortgage.
When Should I Refinance?
The best time to refinance is when interest rates in Oregon drop below the rate of your current mortgage. With a lower interest rate, you'll save money on your mortgage payment every month. Be sure to read our article titled Reasons to Refinance Now.
Turn Your Adjustable Rate into a Fixed Rate
With adjustable rates on the rise OR residents can benefit greatly from refinancing your home for a low fixed rate. These benefits include a lower monthly mortgage payment, and the security of knowing your mortgage payment won't increase.
Cash-Out Refinancing
Using the equity in your home, you can refinance your mortgage for a higher amount than your current principal balance and receive the extra funds as cash. You can use this money however you would like, including, remodeling your home, paying off high-interest rate credit cards, paying off student loans, or consolidating all your debt. How much cash out you can receive by refinancing depends largely upon the principal balance remaining on your mortgage and the amount of equity in your home.
Eliminate PMI
Private Mortgage Insurance is usually required if your downpayment on your home was less than 20 percent. If your home equity has increased since your purchase, you may have enough equity to elimate that PMI payment by refinancing your mortgage.
Save Thousands in Interest
When you refinance your home you can decide to switch your mortgage to a shorter term, such as 10, 15, or 20 years. Depending on how much lower the refinance rate is, you will likely pay more per month for this shorter term home loan. However, in the long-term you are saving thousands in interest. And because more of your monthly mortgage payment goes towards the principal, your home equity will increase much quicker.
Return to our mortgage refinance page
Call for COMPLETE details NOW!
(800) 675-9783
| Oregon News |
Gov. Kulongoski hopes to help human services with bailout
Gov. Ted Kulongoski hopes to use the ballooning federal bailout package to bolster Oregon's human services hit in his budget proposal.
|
Oregon woman wakes up wounded by bullet that came through wall
PORTLAND, Ore. - It wasn't until the nurse in the emergency room lifted up a phone and said, "We've got a gunshot victim," that Sandra Howell understood why her arm hurt so much.
|
Ore. teens largely ignoring cell phone driving ban
The chances that a teenager will be cited for talking on a cell phone while driving are pretty much zero in Oregon, a consequence of the way the law is written and a problem other states may be facing.
|
Oregon's Merkley, Schrader sworn in to Congress
Oregon's newest senator says Congress should have an economic stimulus package at the new president's desk by the middle of next month.
|
Oregon Nurseries Severely Damaged by Winter Storms
Salem-News.com - January 7, 2009 - 5:05 pm Jan-07-2009 10:54 Oregon Nurseries Severely Damaged by Winter Storms Salem-News.com Oregon's top nursery and greenhouse counties were hit hardest by the storms and ...
|
Rain, winds close Oregon highways
A major highway was closed Wednesday in Oregon as a winter storm sent heavy rain and high winds into the Northwest.
|
Baby born on the driveway
Enter e-mail address of recipient: Enter your e-mail address: Message to attach: We use this address only to tell the recipient who sent the message.
|
Brown, Kroger and Westlund step into state top slots
Democrat Ben Westlund took the oath of office as state treasurer Monday, inheriting a college savings plan that has suffered deep losses from investments that were billed as conservative.
|
Potential Gas Tax Increase
A By Andrea Calcagno January 2, 2009 A A A Oregonians could soon be paying a higher gas tax.
|
Climate expert hired for research institute at OSU
Washington state climate scientist Philip Mote, who helped write major reports on global warming, will head an Oregon research institute focused on climate change.
|
Oregon church to stop signing marriage licenses
The clergy at one Ashland church are refusing to sign marriage licenses until same-sex couples can legally tie the knot.
|
Portland band to march in inaugural parade
Portland's Get a Life Marching Band has been picked to be in President-elect Barack Obama's inaugural parade Jan.
|
Gresham foster dad sentenced in abuse case
A former foster parent accused of beating or shaking a 2-year-old girl blind pleaded no contest to attempted assault and was sentenced to 30 months in prison.
|
New Oregon Stamp
You're looking at one of Oregon's worst kept secrets. The new Oregon Statehood Commemorative Stamp will be unveiled Wednesday, January 14, at the World Forestry Center's Miller Hall in Portland.
|
New Crime Fighter
Kroger used the occasion to announce a new mission statement for the Department of Justice that focuses on enforcing the law and protecting Oregonians.A A Attorney General Kroger took the oath of office from ...
|
Storm closes parts of I-84 in Eastern Oregon
Parts of Interstate 84 remain closed in Eastern Oregon, hit by a snowstorm. Up to 8 inches are expected Monday in some areas, with a few more inches in the evening.
|
Kids alone for days, parents dead in locked room
An Oregon couple who hadn't been seen since New Year's Eve have been found dead inside their locked bedroom with their crying 9-month-old daughter in an apparent murder-suicide. Three older children had been ...
|
Cold Weather Brings Hypothermia Threat - Oregon Department Of Health
Low winter temperatures have brought warnings from experts in the Oregon Department of Human Services State Public Health Division.
|
Oregon considers subbing mileage tax for gas tax
Reporting from Portland, Ore. -- For years, Oregon has been diligent about reducing the state's dependence on fossil fuels, but its environmental consciousness has come at a stunning price -- gas tax revenue is ...
|
Cano picked to head Latino Network
The new director of the north Portland-based advocacy group Latino Network is Andrea Cano, who replaces Lisa Johnson, the new director of Portland's new Office of Human Relations.
|