Assumable Mortgages: The Last Way to(Currently) Get a 2–3% Rate

In a world where 6–7% mortgages are now the norm; assumable mortgages have become one of the hottest search terms in real estate. They let buyers take over a seller’s existing low-rate loan—often 2–4%—instead of getting a new, higher mortgage rate. The problem? They’re hard to find and harder to close. Here’s the fast guide to what assumable […]