This Mortgage Workaround Opens Door to Homeownership for Some Buyers Priced Out of Market

By bhhsbowen July 8, 2024 CoStar News 0 comments

Stephen Shumate and his wife purchased a house in the western Phoenix suburb of Buckeye, pictured, by assuming the seller's mortgage. (John Williams/CoStar)
Assumable Mortgage Use Increases Along With Rates