Today: 16. Nov, 2024
As mortgage rates hover around 6%, homebuyers seek creative alternatives to reduce interest costs. One increasingly popular option is the assumable mortgage, a method that allows buyers to inherit an existing mortgage rate, which could be as low as 2% or 3%.…
In recent events, the housing market has witnessed a significant downturn in mortgage demand, mainly attributed to the spike in interest rates. According to the Mortgage Bankers Association’s seasonally adjusted index, there was a noticeable 5.6% drop in total mortgage application volume…
