A 3% Mortgage Rate in a 7% World? This Startup Says It Can Do That
Loan assumptions, which let a home buyer essentially take over a seller’s mortgage, are hard to find and hard to pull off.
Source: livemint.com
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Real estate startup promises half-price mortgage rates
Roam is trying to combat over-7% mortgage rates by taking advantage of assumable loans, which sees a seller transferring their mortgage at the rate they secured it at to a buyer.
Source: nypost.com
VC-Backed Roam to Connect Buyers To Assumable Mortgages
In theory, any government-backed FHA, VA and USDA loan is assumable, and with mortgage rates at levels not seen in two decades, interest in this little-used option has been growing.
Source: inman.com
New York startup Roam launches assumable mortgage platform
New York-based mortgage platform Roam has secured a $1.25 million seed round, allowing the company to officially launch its services on Wednesday.
Source: housingwire.com
Insider Sell: Director Eric Wu Sells 500,000 Shares of Opendoor Technologies Inc
On September 11, 2023, Eric Wu, a director at Opendoor Technologies Inc (NASDAQ:OPEN), sold 500,000 shares of the company.
Source: yahoo.com