Homebuyers Who Want a Low Rate Can Assume the Sellers’ FHA Mortgage

March 23, 2023

Orange County Register, Mar. 23, 2023–Jeff Lazerson
FHA mortgages have always been assumable to qualified buyers. But why take on an assumable FHA mortgage if a new mortgage is cheaper, and arguably easier to get? Hence, there’s been no practical need to assume an FHA mortgage for decades. (MBA mention)
https://www.ocregister.com/2023/03/23/want-a-low-mortgage-rate-assume-the-sellers-fha-mortgage/