Tired of renting? Here's how to achieve the American Dream through assumable loans

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One avenue that allows buyers to slip into low mortgage rates is with assumable loans. Here's how it works.

PHOENIX — Owning a home has always been part of the American dream but for so many it's becoming more of a distant thought with inflation adding insult to injury. Record high interest rates and a roller coaster real estate ride have homeowners weighing all their options, ultimately hoping to buy.

This option gives everyday people like Joe Zielinski the opportunity to buy instead of rent. In fact, he's just now unpacking his new three-bedroom, two-bath Buckeye home. Real estate agent Mike Mazzucco said the latest emerging opportunity in the real estate market helps tackle affordability and there's plenty of variety to choose from.

 

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