What an Assumable Mortgage Is

Remember those juicy mortgage rates from back in 2021? You don’t actually need a time machine to get one today. You just need to find someone willing to sell their house AND their mortgage to you. Called ‘assumable mortgages,’ they take a long time to get, and you’ll probably need a fat wad of cash.

On today’s show, how to buy your way into a cheap mortgage rate.

Related episodes: 
How mortgage rates get made
How mortgage interest rates work (and why they're currently out of whack)

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