The CWSRF Loan Program charges interest rates that are calculated based on criteria defined in Oregon Administrative Rule 340-054-0065. Different interest rates and other financial terms apply to different types of loans and to loans of differing repayment periods. Rates are adjusted quarterly, based on the average Bond Buyer rates of the previous quarter, as published by the Federal Reserve. Once a loan is signed, the interest rate is fixed for the life of the loan. If the schedule below indicates that a fee is charged, the fee amount is equal to 0.5% of the unpaid balance, and is collected once annually. These are the rates effective for loans executed from April 1, 2024 through June 30, 2024.