Mortgage Rates 2024: Can Assumable Mortgages Get You a Lower Rate?
Marco Santarelli
MAY 27, 2024
An assumable mortgage is a way to take over the existing mortgage on a property instead of getting a brand-new loan. Here's how it works: The seller's original mortgage terms, including the interest rate, loan balance, and repayment schedule, are transferred to you, the buyer.
96 
Let's personalize your content