Mickey Ricarrd and Grace Lucchese bought a home in January with a 2.6% mortgage rate.Courtesy of Grace LuccheseMortgage rates are falling but remain high compared to the rates of the past few years.Assumable mortgages can help homebuyers get lower rates and reduce their monthly payments.Here are three homebuyers who got rates under 3% in the past two years with assumable mortgages.Over the past few years, US mortgage rates have fluctuated wildly, leaving both homebuyers and sellers scrambling.In 2021, rates fell to as low as 2.1% as the Federal Reserve acted to keep the economy ticking during the COVID-19 pandemic.
3 Couples Who Recently Got Mortgage Interest Rates Under 3% Share How They Did It
alloyd@insider.com (Alcynna Lloyd), Business Insider
Wed, 09/18/2024 - 8:38am
Topics: mickey ricarrd grace lucchesemortgage covid-19 october federal reserve bank louis federal housing administration fha department veterans affairs va freddie mac february 2023.the federal open market committee americans lucchese had mickey ricard gen z sudbury ricard grace lucchesefor boston lucchese riccard 000 lucchese grace lucchesein january elizabethtown kentucky fort knox va brian sankeysankey idaho portland amy yzaguirreit sherwood amy yzaguirrein march toyota tacoma i grace lucchese lucchese federal reserve fed st us fha veterans affairs va veterans affairs in january the it march massachusetts boston business insider june brian sankey bi sankey sankey oregon amy yzaguirre rv tigard yzaguirre couples home assumable loan years monthly seller pay money affordable homebuyers payments month purchase purchased current payment homeowners told cover sell allowed buyers moved bought rent debts funds lead townhome area months looked cash dog spent extra sellers brought process long job
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