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Tag: Assumable Mortgages

Assumable Mortgages: One Option to High Mortgage Rates

Fri May 10, 2024 by on News

Assumable Mortgages: One Option to High Mortgage Rates

With mortgage interest rates still hovering above 7% on a 30-year fixed loan, many home buyers are seeking financing alternatives. One such option is assumable mortgages which are  low-rate mortgages that home buyers take over from sellers. While popular in the 1980s when mortgage rates climbed to 18%, assumable mortgages are making a comeback. Where can one find an assumable […]