In today’s high-interest housing market, RetroRate is helping buyers and sellers rediscover the value of assumable mortgages—home loans that can be transferred from seller to buyer, often at significantly lower rates than current offerings.
What RetroRate Does RetroRate’s software scans public listings on platforms like Zillow and Realtor.com to identify homes with assumable mortgages. These loans, often backed by agencies like the VA or FHA, can offer monthly savings of over $1,000 compared to new mortgages—especially for homes purchased or refinanced during the 2–3% interest rate era.
Market Impact Across 10 states, RetroRate found that 22% of listings had assumable loans, averaging 4.42% interest. The company also offers a concierge service—charging 1% of the purchase price—to guide both parties through the complex assumption process.
Challenges to Consider