Consumer Mortgage News Free mortgage news for current and prospective borrowers from a leading online mortgage industry news publication.
Knowing When a Mortgage Assumption Makes Sense
The Mortgage Professor: Don't assume a loan assumption is right for you
Dec. 20, 2013
By JACK GUTTENTAGThe Mortgage Professor
With rising interest rates lurking on the horizon, some consumers with homes they plan to sell within the next few years are asking questions about whether they can transfer their low-rate mortgage to a purchaser of their house. These are some of the common ones.
This wire news service story is no longer available.