On The Market Keep Your 3% Rate Forever? “Portable” Mortgages Could Be Coming
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Nov 20, 2025 What if you could take your 3% mortgage rate with you when moving? That possibility is explored as 'portable mortgages' emerge, raising questions about who will benefit. House flipping faces tough times, with one host sharing a costly failure. The discussion also dives into the shifting landscape of inherited homes and the impact on housing wealth. Meanwhile, Gen Z grapples with a challenging job market, prompting a call for innovation and adaptability. It's a whirlwind of real estate insights that could change the game.
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Portable Mortgages Could Unlock Movement
- Portable mortgages could untie homeowners from the lock-in effect and boost transactions.
- Implementing them retroactively faces huge obstacles because existing loans are sold to investors.
Retroactive Portability Faces MBS Resistance
- Mortgage-backed security owners won't willingly accept low-rate portability on existing loans.
- Introducing portability only for new originations is more feasible than retrofitting old loans.
Hunt Assumable Loans As A Rate Shortcut
- Look for assumable FHA, VA, or USDA loans when buying to capture a seller's low rate.
- Prioritize owner-occupant listings since assumables are limited to them.
