Assumable Mortgages

7% mortgage rates froze this market in place, and most of North Texas is still staring at the ice. Most sellers won't walk away from their 3% loans, many buyers cannot feasibly make a 7% interest rate payment work, and the agents stuck in the middle keep waiting for the Fed to bail everybody out. Here is what the freeze is hiding: all across Dallas/Fort Worth, homeowners are unknowingly sitting on an FHA or VA loan that a qualified buyer may be able to take over, rate and all, and that loan could be worth more to the right buyer than a lower price. There's also a good chance nobody has told them.

Is Your House Not Selling? The Answer Might Be Hiding In Your Mortgage

By Bobby Franklin, REALTOR® | North Texas Market Insider™ | Legacy Realty Group – Leslie Majors Team | TREC #0805459 Last updated: November 3, 2026 7% mortgage rates froze this market in place, and most of North Texas is still staring at the ice. Most sellers won't walk away from their 3% loans, many buyers cannot feasibly make a 7% interest rate payment work, and the agents stuck in the...

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