The market-defying appeal of assumable mortgages
Savvy buyers in the US are wising up to properties packaged up with a historic loan — and a surprisingly low interest rate
Savvy buyers in the US are wising up to properties packaged up with a historic loan — and a surprisingly low interest rate

Rather than financial alchemy, such deals involve mispricing, reduced capital buffers and hidden risks

Downsizing has become less appealing to older generations, lowering inventory of property sales

Repricing activity hits record high of $153bn in July in latest sign of investor optimism

Weak creditor protection in deals gives advantage to those with the resources to examine documentation

Flexibility is the watchword among UK borrowers amid signs of slowing activity in the housing market

A shift towards debt raises the potential fallout from the data centre spending spree