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A way to beat high mortgage rates is to take over someone else's loan - The Business Times

Retrieved on: 2024-05-10 14:30:28

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Summary

The article discusses the resurgence of interest in assumable mortgages, a feature of certain loans like those from the FHA and VA, in a high-interest rate environment, as exemplified by Ellen Harper's experience. The tags 'Mortgage, Loans, Mortgage assumption, FHA insured loan, Federal Housing Administration, VA loan, Second mortgage, Reverse mortgage, Down payment, Mortgage Assumption Value, Streamline refinancing, Ellen Harper' all relate to various aspects of buying a home through mortgages, especially under conditions where assumed low-interest mortgages can offer significant savings.

Article found on: www.businesstimes.com.sg

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