I got a 3% mortgage rate when most people were getting 6%. The house needs work, but it's still a win.

05/16/2025, 5:10 AM
businessinsider.com

I got a 3% mortgage rate when most people were getting 6%. The house needs work, but it's still a win.

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This as-told-to essay is based on a conversation with Gavin Carter, 42, who owns an auto repair shop. In 2025, Carter purchased a home with an assumable mortgage in Maryland.

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