Want a 2.5% mortgage? Buy it.

Remember those juicy mortgage rates from back in 2021? You don’t actually need a time machine to get one today. You just need to find someone willing to sell their house AND their mortgage to you. Called ‘assumable mortgages,’ they take a long time to get, and you’ll probably need a fat wad of cash.<br/><br/>On today’s show, how to buy your way into a cheap mortgage rate.<br/><br/><strong>Related episodes: </strong><br><a href="https://www.npr.org/2022/03/16/1087086300/how-mortgage-rates-get-made"target="_blank" >How mortgage rates get made</a><br><a href="https://www.npr.org/2024/08/28/1197972299/mortgage-interest-rates-treasury-bond"target="_blank" >How mortgage interest rates …