Recent affordabilty statistics for Portland Oregon show that more people can afford to purchase a home here that have been able to in quite some time. This is according to NAR, the national Association of Realtors. According to NAR buying a home in the Portland area is affordable for a family earning the median income. So how does this information impack a person to buy a house now? If you are planning on investing in a home in the near future, then now is the time to buy. This is because interest rate increases will impact the affordability of the home. The interest rates are expected to climb close to 5.5% over the coming year. The 30 year fixed rate has climbed from 4.17 in November to 4.77% now. This means for a buyer more home can be purchased at an interest rate of 4.77% than 5.5%.