Mortgage rates have been steadily climbing to highs not seen in over 20 years, and now a trend from the 1980s as reemerged. More buyers are seeking assumable loans.
House hunters who feel like the combination of high prices and surging interest rates will freeze them out of the market may have a crack of daylight on the horizon thanks to a new startup. ROAM is a real estate startup that offers for-sale homes that are financed with assumable loans. This could increase buying power for potential buyers and help homeowners sell their properties even more quickly. ROAM is not currently open for crowdfunding investments but there are startups open for investment