The states with the highest number of assumable mortgages - and how to get one
Briefly

from New York Post1 month ago
More than 11 million homeowners in America have assumable loans, with roughly 25% of mortgages being assumable, primarily FHA and VA loans. Government loans offer low rates, but are limited and come with conditions.
New York Posthttps://nypost.com/2024/07/31/real-estate/the-states-with-the-highest-number-of-assumable-mortgages-and-how-to-get-one/
Assumable mortgages pass current low-rate mortgages to buyers, with 85% of existing mortgages having rates below 6%. However, buyers must still pay off seller's equity, increasing the value proposition of assumable loans.
New York Posthttps://nypost.com/2024/07/31/real-estate/the-states-with-the-highest-number-of-assumable-mortgages-and-how-to-get-one/
Read at New York Post
#homebuyers #assumable-mortgages #government-backed-loans #interest-rates #equity
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