Roam’s Exit From the Assumable Mortgage Market Shows How Fewer Low Rate VA, FHA and USDA Loans Are Left to Trade in 2026
The startup that tried to connect buyers with assumable mortgages says it has stopped home discovery and assumption processing.
Recent Posts
Mortgage Rates Could Stay Near 7 Percent in 2027 as Fannie Mae and the Mortgage Bankers Association Lift Their Forecasts and Homebuying Affordability Stays Tight Nationwide
Forecasters now see only limited relief for buyers next year as inflation keeps borrowing costs elevated.
Mortgage Rates Hit Highest Level Since June 2025 as Oil Prices Jump After New Middle East Fighting Pushes Bond Yields Higher Nationwide
The 30-year fixed average rose to 6.87% Monday, its highest reading in more than a year, as war-related oil gains fed through to borrowing costs.
Orange County Church Nears Approval for Nearly 300 Affordable Apartments on Pine Hills Land as County Backs a $75 Million Housing Plan
Fellowship Baptist Church’s Pine Hills project would use 10 acres behind its campus under Orange County’s housing program for religious land.
Detroit Tenant Spends Seven Days Without Water After Landlord Bill Dispute, Then Gets Pressure Restored as City Says Private Plumbing Problems Remain
A Selden Street tenant says he was left without service while a $5,352 bill dispute played out between his landlord and Detroit water officials.
Three Alarm Apartment Fire Damages 12 Units and Triggers Partial Collapse at Narraticon Apartments in Deptford Township as Investigators Search for Cause
Residents escaped safely after an early Monday blaze spread fast through a South Jersey apartment building and left some tenants facing major water and fire damage.
Detroit Family Faces $10,000 HOA Bill and Possible Foreclosure After Brother-In-Law Misses Fees on Condos, Forcing Woman to Consider Selling $50,000 in Stocks
A Michigan couple says they may have to tap brokerage savings after a cosigned condo loan left them responsible for overdue association fees.
Freddie Mac Says Average 30 Year Mortgage Rate Rose to 6.66 Percent, Back Near a Four Week High as Treasury Yields Stay Elevated
Borrowing costs moved higher again this week, keeping home loans close to their recent peak and leaving U.S. sales stuck in a long slump.
Milwaukee Homebuyers Turn to NACA Weekend Event as Typical Home Price Sits Near $228,500 and Some Families Seek Mortgages Without Down Payments
Prospective buyers at a Milwaukee housing workshop moved through counseling, document uploads and mortgage screening as NACA highlighted its no down payment program.
First-Time Homebuyers Face Closing Costs, Taxes, Insurance and Utility Bills That Can Add Thousands Before and After Closing, Freddie Mac and Ownwell Say
Experts say the biggest surprise costs often show up in the paperwork before closing and in monthly bills after move-in.