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Startup Thinks It Can Help Homebuyers Get Low Interest Rate Mortgages

Not The Bee

(Not The Bee)

All of us have been slowly waving goodbye to low mortgage interest rates over the past eighteen months.

It seems like those rock-bottom numbers will never come back. One group, however, thinks they don’t have to:

I’m sorry, “assumable loans?”


Apparently they’re a real thing, though. But it’s not surprising that you may be completely unfamiliar with the term. Rocket Mortgage says that “most conventional mortgages are not assumable;” it’s mostly the ones backed by specific federal government programs, such as FHA loans and the like.

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