Select your Scenario
Dodge monthly mortgage insurance premiums (PMI) completely and secure the standard conventional baseline.
Explore programs requiring as little as 3% down conventional or 3.5% FHA, helping you buy sooner.
Optimize your existing debt service, lower your interest rate, or secure cash-out equity restructure.
Department of Veterans Affairs purchase loans offering 0% down payment and no monthly PMI for military.
Lock in lower interest rates with a 15-year fixed loan term to build massive equity quickly.
Finance non-owner occupied rental acquisitions or multi-unit house hacking with competitive investor pricing.
See Safe Rate's top scoring lenders for Tri-City
We rank active Tri-City lenders across our 5 P's of mortgage shopping. No pay to play, independent rankings.
Current Local Mortgage Rates
Sorted by lowest conforming purchase rate
Requires veteran or military eligibility
Loan amount is under conforming limits
| Loan Program | Today's Rate / APR | Points | Est. Payment | Action |
|---|---|---|---|---|
| Conventional 30-Yr FixedConforming | 6.958%APR 6.996% | 0 pts$0 | $1,228/moP&I $1,228 · MI $0 | See details |
| FHA 30-Yr FixedConforming | 5.957%APR 6.728% | 0 pts$0 | $1,212/moP&I $1,126 · MI $86 | See details |
| VA 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| Jumbo 30-Yr Fixed Doesn't Apply | — | — | — | Ineligible |
| 15-Year Conforming FixedConforming | 6.112%APR 6.167% | 0 pts$0 | $1,125/moP&I $1,125 · MI $0 | See details |
| Refinance 30-Yr FixedConforming | 6.836%APR 6.875% | 0 pts$0 | $1,213/moP&I $1,213 · MI $0 | See details |
| Investment Property FixedConforming | 7.625%APR 7.700% | 0 pts$0 | $1,312/moP&I $1,312 · MI $0 | See details |
Personalize the rates on this page
Tell us your home budget and credit score to see exact payments and find your best-fit loan program instantly.
Compare all 26 pre-computed scenario benchmarks
Scenario Program | Down Pct | Credit score | Today's Rate | APR | Points | P&I Payment | 3-Yr Metric Cost |
|---|---|---|---|---|---|---|---|
15-Year Conforming Purchase | 20% | 740 credit score | 6.112% | 6.167% | 0 pts ($0) | $1,575/mo | $31,839 |
15-Year Rate/Term Refi | 0% | 740 credit score | 6.157% | 6.215% | 0 pts ($0) | $1,975/mo | $44,619 |
Condo 10% Down | 10% | 720 credit score | 7.283% | 7.456% | 0 pts ($0) | $1,427/mo | $50,216 |
Conventional 10% Down | 10% | 720 credit score | 6.782% | 6.943% | 0 pts ($0) | $1,357/mo | $47,066 |
Conventional 20% Down | 20% | 740 credit score | 6.958% | 6.996% | 0 pts ($0) | $1,228/mo | $38,093 |
Conventional 5% Down | 5% | 700 credit score | 7.095% | 7.578% | 0 pts ($0) | $1,478/mo | $51,758 |
Conventional Cash-Out Refi | 0% | 740 credit score | 7.403% | 7.444% | 0 pts ($0) | $1,605/mo | $55,244 |
Conventional High Balance | 10% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,371/mo | $46,456 |
Conventional HomeReady 3% | 3% | 660 credit score | 6.833% | 7.212% | 0 pts ($0) | $1,470/mo | $53,095 |
Conventional Rate/Term Refi | 0% | 740 credit score | 6.836% | 6.875% | 0 pts ($0) | $1,516/mo | $51,283 |
FHA 15-Year Fixed 3.5% Down | 3.5% | 680 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,912/mo | $45,585 |
FHA 3.5% Down | 3.5% | 680 credit score | 5.957% | 6.728% | 0 pts ($0) | $1,358/mo | $47,567 |
FHA Streamline (Excellent Credit) | 0% | 740 credit score | 5.936% | 6.686% | 0 pts ($0) | $1,404/mo | $49,143 |
FHA Streamline Refi | 0% | 640 credit score | 6.079% | 6.851% | 0 pts ($0) | $1,425/mo | $50,156 |
House Hacking Conforming 5% | 5% | 680 credit score | 7.052% | 7.300% | 0 pts ($0) | $1,472/mo | $53,453 |
Investment 15-Year Fixed 25% Down | 25% | 740 credit score | 5.820% | 5.855% | 0 pts ($0) | $1,450/mo | $28,381 |
Investment Property 25% Down | 25% | 740 credit score | 7.625% | 7.700% | 0 pts ($0) | $1,230/mo | $39,209 |
Jumbo Conforming | 20% | 760 credit score | 7.125% | 7.159% | 0 pts ($0) | $1,249/mo | $39,026 |
Jumbo Elite Premium 10% Down | 10% | 760 credit score | 6.712% | 6.741% | 0 pts ($0) | $1,347/mo | $41,309 |
Lower Credit FHA 3.5% | 3.5% | 580 credit score | 6.319% | 7.096% | 0 pts ($0) | $1,411/mo | $50,043 |
Second Home 10% Down | 10% | 720 credit score | 5.962% | 6.537% | 0 pts ($0) | $1,245/mo | $41,922 |
Second Home 20% Down | 20% | 740 credit score | 6.884% | 6.900% | 0 pts ($0) | $1,219/mo | $37,680 |
VA 0% Down | 0% | 700 credit score | 6.081% | 6.327% | 0 pts ($0) | $1,431/mo | $47,374 |
VA Cash-Out Refi | 0% | 640 credit score | 6.085% | 6.456% | 0 pts ($0) | $1,432/mo | $47,402 |
VA IRRRL Streamline Refi | 0% | 640 credit score | 6.092% | 6.246% | 0 pts ($0) | $1,433/mo | $47,452 |
VA Military 10% Down | 10% | 720 credit score | 6.067% | 6.143% | 0 pts ($0) | $1,275/mo | $40,334 |
Frequently Asked Questions
What are today's mortgage rates in Tri-City, OR across different loan programs?
Today's benchmark conventional 30-year fixed mortgage rate in Tri-City, OR is 6.958% (with an estimated monthly payment of $1,767). Active program rates also include FHA 30-year fixed loans at 5.957% and VA 0%-down fixed loans at 6.081%. These rates are calibrated daily by Safe Rate's pricing engine matching active local market conditions.
What is the recent mortgage rate trend in Tri-City, OR?
Mortgage rates have shown typical daily fluctuations driven by inflation data and bond yields. Over the past 90 days, conventional 30-year fixed rates in Tri-City, OR have fluctuated between a low of 6.621% and a high of 7.079%. You can track these daily movements by using the 90-day rate history and trajectory chart featured on this page.
Is an FHA or Conventional loan more cost-effective in Tri-City, OR?
Choosing between FHA and Conventional depends on your down payment budget and credit score. For a typical home priced at $231,696 in Tri-City, OR, a standard 20%-down Conventional loan requires an upfront cash down payment of $46,339 but keeps your monthly payment lower at $1,767/mo (at 6.958% interest) with no monthly PMI. In comparison, an FHA loan requires only $8,109 (3.5% down) but has an estimated payment of $1,954/mo (at 5.957% interest) due to mandatory FHA mortgage insurance (MIP). Local Nuance: The typical local FHA loan amount of $223,587 falls comfortably within the local HUD FHA loan limit of $524,225 (1-unit), making FHA financing an exceptionally accessible, high-leverage entry point into the market.
What is the maximum conforming loan limit in Tri-City before needing a Jumbo loan?
The 2025 conforming conventional loan limit for a 1-unit property in Tri-City is $806,501. With a typical local home value of $231,696 in , a standard 20%-down mortgage requires a loan size of $185,357. Because this is within the $806,501 conforming threshold, buyers can easily qualify for standard conforming conventional financing with competitive rates.
How does the median home value in Tri-City, OR impact estimated mortgage payments?
The median home value in Tri-City, OR is estimated at $231,696. Buying a typical home here with a standard 20% down payment ($46,339) translates to an estimated starting monthly mortgage payment of $1,767 (principal and interest). Compared to the local area median household income of $53,772 ($4,481/mo), this basic housing payment represents approximately 39.4% of gross monthly household income. Because this housing cost exceeds the standard 36% lender DTI guideline, buyers in this high-value area may need larger down payments, lower debt balances, or co-borrower income to qualify.