Discover Mortgage Rates and Meditation in One Convenient App

1 min read
Source: USA TODAY
Discover Mortgage Rates and Meditation in One Convenient App
Photo: USA TODAY
TL;DR Summary

A new real estate start-up called Roam is offering homebuyers the opportunity to find mortgage rates at least two percentage points below the market rate by connecting them with sellers who have locked in low rates through mortgage assumption. The platform currently operates in five markets and enables buyers to easily search for homes with mortgages eligible for assumption. Roam estimates there are approximately 4.4 million homes with assumable mortgages that fit their criteria. This could be an attractive option for buyers looking to reduce their monthly mortgage payments and for real estate agents looking to generate more sales in a challenging housing market.

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