You Searched For "assumable mortgage" and got 20 results
Sort By:
7 mins read
3 couples who recently got mortgage interest rates under 3% share how they did it
The homebuyers are using the savings from their low-interest-rate mortgages to pay down debt and co…
Alcynna Lloyd
3 mins read
The housing market is seeing its biggest logjam since before the pandemic
More than 19% of homes on the market saw a price cut in August, the highest share in 5 years, Redfi…
Jennifer Sor
4 mins read
A homebuyer who got a 2.75% mortgage rate this year broke down how he did it
Brian Sankey got a low interest rate using an assumable mortgage, which is helping him buy a larger…
Alcynna Lloyd
2 mins read
Homebuyers are flocking to a type of loan that offers a lower mortgage rate. But they often require bigger down payments, and lenders don't like to give them.
There's a rare type of mortgage loan gaining popularity among buyers seeking lower rates.
Jennifer Sor
3 mins read
How the Canadian mortgage model could help unfreeze the housing market
Allowing people to keep cheap mortgage rates when they move home could boost listings and transacti…
Theron Mohamed
5 mins read
I bought two homes with interest rates below 3.5%. It's hard work to get this kind of mortgage, but it was worth it.
Lori Coryell got an assumable mortgage to buy two homes in Oregon at 2.5% and 3.5% rates. Transferr…
Alcynna Lloyd
5 mins read
We got a 2.6% mortgage rate this year to buy our first home. Here's how we did it.
Grace Lucchese and Mickey Ricard became the youngest homeowners in their families by using a relati…
Alcynna Lloyd
2 mins read
A Phoenix man got a 2.375% mortgage rate this year. He broke down how.
Terry Day used an assumable mortgage to buy a Phoenix home this October. He's saving $1,000 each mo…
Alcynna Lloyd
6 mins read
I got a 2.5% mortgage rate last year when everyone else was getting 6%. It's saving us $40,000 and helping pay off my medical bills for cancer treatment.
Amy Yzaguirre, who got a relatively rare type of mortgage, said it was a grueling process requiring…
Alcynna Lloyd
3 mins read
'Spider-Man 2' reveals Peter Parker's mortgage rate, so I asked brokers if he got a good deal in the new PS5 game
The new "Spider-Man 2" Playstation game shows Peter Parker's mortgage. We asked brokers whether the…
Paul Squire
3 mins read
Walmart is now offering mortgages, but its typical shopper probably can't afford today's housing market
The typical Walmart shopper makes $80,000 a year, but even that's probably not enough to afford the…
Alcynna Lloyd
4 mins read
Meet a Gen Zer who bought her first home on a $350,000 budget using a first-time-buyer loan program
After getting outbid on three offers for a new home, 22-year-old Elizabeth Willard found success wi…
Alcynna Lloyd
2 mins read
If you can afford a $405,000 home, now is the time to buy — mortgage rates will only go up from here
Buyers are finally fed up, and demand is easing as the average home for sale hit a new high. This c…
Alcynna Lloyd
3 mins read
If you're not making $14.50 an hour, you probably can't afford to live in any US county
A full-time worker without kids would need to make twice the current minimum wage to live in the US…
Jason Lalljee
3 mins read
I built a $35K tiny house in my backyard and live in it. I now rent out my main home and use the money to pay off my mortgage.
Atlanta homeowner Precious Price built a tiny house in her backyard to offset living expenses.
Alyshia Hull
3 mins read
Homebuyers might be able purchase a home with less savings — thanks to the two largest US mortgage lenders now allowing down payments of just 1%
The new programs, which are available to home buyers with limited incomes, could make homeownership…
Alcynna Lloyd
2 mins read
A US debt default could spike borrowing costs like credit cards and mortgages, and 'every family should be concerned' says a consumer watchdog
Democrats and Republicans remain locked in an impasse about raising the US' $31.4 trillion debt cei…
Huileng Tan
1 min read
The premium Americans are paying for a mortgage versus rent hasn't been this big since the housing bubble peaked 17 years ago
The monthly payment for a newly purchased home at the end of 2022 was $1,176 more than apartment re…
Phil Rosen
9 mins read
What caused the Great Recession? Understanding the key factors that led to one of the worst economic downturns in US history
The Great Recession was caused by the collapse of the subprime mortgage market, which led to a cred…
Anne Field
6 mins read
Underwriting: The risk-assessment process used in everything from IPOs to life insurance
Underwriting is a process in which an individual or an organization takes on financial risk for a f…