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NEED TO KNOWBusiness & Compliance

Why a Portable Mortgage Would Never Carry the 3% Rate Your Seller Already Has

Your seller has seen the headline saying their 3% rate just became transferable, and they have decided to wait and see before they list. The bill behind that headline is two pages long, has zero co-sponsors, and by its own terms could not touch a mortgage that already exists.

2-minute read