Question by a.williams7694: Intrest Rate and Transfer of Equity? I am selling my home by assumable mortgage. I have a high intrest rate. (9.5%) Will that intrest rate stay with the loan once it is transfered, or will it adjust depending on the new buyers situation? Best answer: Answer by botygyIf the buyer is assuming [...]

Question by Brad12345: Sorry, does the assumable mortgage recipient get my original interest rate? Best answer: Answer by tagindstryIf you still have a rare mortgage that is assumable (they are not assumable nowdays and have stopped doing that for awhile) but they take over the exact loan terms you had. But beware, on the old [...]