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Rate by Phone |
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The following table features housing preferences and mortgage trends in Portland.
Portland Mortgage Statistics |
| Mortgage-Free Homes |
25% |
| Mortgaged Homes |
75% |
| With First Mortgage Alone |
56% |
| Second Mortgage or Home Equity Loan |
20% |
| Home Equity Alone |
10% |
| Second Mortgage Alone |
10% |
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| Portland Housing Expenses |
| Owner expenses as % of Income |
21.4% |
| Median Real Estate Taxes |
$1,965 |
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| Portland Housing Stocks |
| Median Year Constructed |
1953 |
| Year Constructed - Owner Occupied |
1948 |
| Year Constructed - Renter Occupied |
1960 |
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| Portland Housing Market Data |
| Population |
773,431 |
| Median Age |
35 |
| Median Household Income |
$46,243 |
| Total Housing Units |
166,249 |
| Average Home Price |
$220,905 |
| Owner Occupied |
55% |
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Apply Here
Find Portland Mortgage Refinance Rates from mortgage Lenders
Portland Mortgage Refinance Rates are more common now than they were in the past. Current trends indicate that that only 25% of residential units in Portland carry no mortgage as compared to those that have a mortgage 75% or a second mortgage 20% as well. It is, therefore, not surprising to find that mortgage brokers and lenders in Portland offer a range of options and strive to adapt programs according to varied customer needs.
Get customized help to find the right Portland Mortgage Refinance Rates that suits your help through the form mentioned above.
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