Thinking of Relocating to Beaverton, Oregon? Home Prices and Mortgage Rates Are Low

If you’re thinking about Relocating to Beaverton, Oregon? We list information on home prices, real estate agents and mortgage interest rates for homes in Beaverton and Portland. The median home price for homes sold in Beaverton is around $250,000. Today’s mortgage rates and refinance rates in Beaverton are around 4.95 percent for a 30 year fixed conforming mortgage. Today’s jumbo bank mortgage rates are slightly higher averaging 5.35 percent while fixed 15 year conforming mortgage interest rates are at 3.50%.

The City of Beaverton is located seven miles west of Portland in the Tualatin River Valley. The City encompasses 18.6 square miles and 87,440 residents call the town home. the City is Oregon’s sixth largest city and the second largest incorporated city in Washington County.

Beaverton is a family friendly place and is known for the many attractive and well-planned neighborhoods. The City has a vast amount of green space with over 100 parks encompassing 1,000 acres. With mortgage lending rates near record lows you can’t go wrong buying a home today.

Right now there is a large inventory of homes available in Beaverton which makes it a buyers market right now and with low home loan rates today you can’t go wrong buying. Home prices have also decreased in recent years making home affordability very attractive right now. Low mortgage rates also make buying a home very compelling.

Home prices on the market right now range between $1.2 million down to $131,000. There are several short sales available right now. You can get an even better deal on a home when purchasing a short sale but the process takes a lot longer. Getting a mortgage for a short sale is also hard unless you get it from the same lender that has the current lien on the home.

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