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Fixed rate debt may increase the value of your house if interest rates go up and your mortgage is assumable.

• toomuchtodo 9y ago
  Almost no US mortgage products are assumable.
  • gibybo 9y ago
    All US government home loan programs are assumable (FHA, VA, and USDA). This Quora answer indicates that FHA loans alone alone make up a majority of new home loans in the US: https://www.quora.com/What-percentage-of-US-home-loans-are-financed-by-FHA https://www.quora.com/What-percentage-of-US-home-loans-are-f...
    • toomuchtodo 9y ago
      I should've said conventional loan products. Thank you for pointing out my mistake.
    • djrogers 9y ago
      While they make up the moajority of new home loans, they only make up ~15% ot total mortgage originations, leaving 85% of homes being mortgaged with conventional mortgages.