7. Assumability. When you sell your home, your buyers can, with easy qualifying, assume your FHA fixed-rate mortgage at the same rate youa#39;re paying. If interest rates fall, they too will be able to streamline a refinance at the new lower rates.
|Title||:||The 106 Common Mistakes Homebuyers Make (and How to Avoid Them)|
|Author||:||Gary W. Eldred|
|Publisher||:||John Wiley & Sons - 2002-08-14|