A 3% mortgage rate in a 7% world? This startup says it can do that

New US mortgage rates are above 7%, but some sellers are on old, lower rates. (Image: Getty)

Mon, 18 Sep 2023

By Ben Eisen In the United States, there are millions of outstanding mortgages with a 3% interest rate. A new startup says it can help today’s home buyers get their hands on them.US mortgage rates are now above 7%, leaps and bounds above the 3% they grazed two years ago. Buyers and sellers alike are giving up, sucking demand and supply out of the housing market. And things are expected to stay that way, with the Federal Reserve signalling plans to keep rates high for the foreseeable future.Roam, a real-estate company that launch...

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