I got a 3% mortgage rate when most people were getting 6%. The house needs work, but it's still a win

businessinsider.com/maryland-man-got-3-percent-mortgage-rate-assumable-mortgages-2025-7

In May, single dad, Gavin Carter, bought a home with an assumable mortgage.
Connect Images/Getty Images/Connect Images
Gavin Carter bought a home in Maryland in May with a 3% interest rate.
Carter purchased the home with an assumable mortgage, a relatively rare financing method.
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This story appeared on businessinsider.com, 2025-07-16 09:07:02.
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