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

Source: Business Insider

In May, single dad, Gavin Carter, bought a home with an assumable mortgage. Connect Images/Getty Images/Connect ImagesGavin Carter bought a home in Maryland in May with a 3% interest rate. Carter purchased the home with an assumable mortgage, a relatively rare financing method.

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